 Domain
names auction nets $215,000
A sale of Chinese internet domain names has netted
almost $215,000 in what organisers said was the biggest such auction
yet in the computer-crazy country. A pair of sites named for ultra-mobile
personal computing (nmpa.cn and umpc.com.cn) fetched $68,000. Generic
names including art.com.cn and book.com.cn sold well above their
reserve prices, while caipiao.com - "caipiao" means lottery
ticket in Chinese - fetched $6100. The prices fetched were far from
the giddy sums that change hands in the West. Five of the 12 names
up for auction failed to attract a bid. But organiser Ranger Wang
said the sale total was a record for China.
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