MMX today posted a smaller loss for the first half of the year, despite managing to grow domains under management and hit some important financial milestones. The new gTLD registry formerly known as Mind + Machines, which announced a few months ago that it’s looking to be acquired, reported an H1 loss of $526,000 compared […]
New gTLD registry MMX said it has sold $3.4 million in “premium” .vip domains names to Chinese domainers in the last few months. In what is believed to be a small number of deals to a limited number of investors, “over 7,000” domains changed hands since they became available in late June. MMX said that […]
Three foreign new gTLDs have been approved for sale and resolution in Chinese capital Beijing, according to MMX. The portfolio registry said today that its .vip is among the first to receive approval from the Beijing Communications Administration, one of China’s many regional authorities. According to MMX, while many gTLDs have managed to pass through […]
MMX has revealed that its renewal rate for first-month .vip registrations in China were over 75%. The portfolio gTLD registry, also known as Minds + Machines, said that 317,000 domains that were registered during .vip’s first month of availability have now been renewed. The news follows a June announcement that the renewal rate would be […]
More than 60% of first-month registrations already renewed. MMX’s .VIP domain name has been a big success right out of the gate in terms of registration volume. It has China to thank; over 700,000 of its roughly 800,000 registrations are at Chinese domain name registrars. Hitting its first anniversary the big question was how many […]
MMX believes the biggest money-spinner in its new gTLD portfolio, .vip, will see first-year renewals in excess of 70%. The company said this morning that it is projecting renewals towards the top end of industry norms based on manual renewals to date. .vip was a bit of a hit in China, topping a quarter-million domains […]
Bulk orders boost .VIP top level domain name. MMX (Minds + Machines) reported today that it has received orders for 200,000 additional .VIP domain name registrations. The sales will generate $1.3 million in income over the life of the contracts, and this dollar figure includes 61 names sold in eName’s recent auction. The deals seem […]
Company anticipates rapid growth in .VIP namespace; targets fall for .Boston launch. MMX (a.k.a. Minds + Machines) released a business update today and said it is targeting one million .vip registrations by the end of 2017. The .vip namespace currently has over 586,000 registrations, primarily in China. The company is targeting additional distribution in Asia […]
MMX has reported a 100% increase in billings for 2016, despite its number of domains under management dropping in some TLDs. The company, until recently known as Minds + Machines, said billing were $15.8 million in the year to December 31, compared to $7.9 million for in 2015. Billings is an up-front measure of sales […]
The owner of VIP.com and VIPshop.com received a UDRP for the domain VIPme.com. Complainant in this case is VIP Me Enterprises LLC, based in Nevada. They state that it has been using its registered service-mark VIPME in commerce since April 4, 2013 by advertising third party goods and services on its website vip-me.net and also […]
