Transaction revealed for two-letter domain name VM.COM! Its value may reach six figures in US dollars!

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News on June 26: Recently, the domestic and overseas domain markets have been particularly lively. Abroad, signet.com changed hands at a high price of US$300,000; domestically, there were even more blockbuster deals involving the premium two-letter domain name LP.com and Gj.com... And yesterday, another major deal was reported: the two-letter domain name VM.COM was reported to have changed hands.

The domain name VM.COM was registered in January 1996 and has a history of 22 years so far. As a two-letter domain name, VM.COM first has scarcity in quantity; in quality, it is short and refined, with outstanding advantages in memorability and typing. On the end-user side, the domain name VM.COM also corresponds to companies such as VMware, VMATRIX, VM.SG, etc. Therefore, overall, the value of the domain name VM.COM needs no elaboration. Whether used for investment or for enabling website building, it is a rare high-quality domain name.

According to whois information, the domain name VM.COM was updated on June 13. Due to privacy protection, the buyer's identity is still unknown. However, regardless of who the buyer is, foreign media outlets believe that based on the market for two-letter domains, the domain name VM.COM should be a six-figure USD transaction.

Speaking of market prices, two-letter domain names are very valuable due to their inherent resource scarcity. Generally, those who can afford to acquire two-letter domain names are either investment tycoons or powerful large end users. Investors such as Dai Yue and Yao Jinbo are holders of many two-letter domain names; on the end-user side, for example, LeTV uses le.com, Xiaomi holds mi.com, Renren uses we.com, and ig Group's ig.com, etc., are all highly well-known major sites.

Source: West.cn News and Information, original link: Two-letter domain name VM.COM reported to have been traded! Price may reach six figures USD!

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