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Domain Name JADE.COM Sells for 1.25M to Canadian Mining Company

February 10, 2017

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Domain Name JADE.COM Sells for 1.25M to Canadian Mining Company

February 10, 2017

In a strategic move by a Canadian mining company, CDN Jade Mine Resources Inc. acquired domain name JADE.COM for $1,250,000 in 2016. This acquisition reconfirms the strong market value for "exact match" domains in the gem and jewelry sector.

 

In a company statement from Mr. Shao Long Li, Director and Chief Executive Officer of CDN Jade Mine Resources, “We are extremely pleased to announce our plans to acquire JADE.COM; this could significantly expand our customer reach by developing a strong platform for the global trade of jade.”

 

An increasing number of prominent companies are recognizing the power of a good domain name, adding prestige to their stable of intellectual property assets.

 

In fact, a number of industry jewelry companies own “exact match” domains, including:

  • KAY Jewelers - Ruby.com,  Gold.com

  • Mason-Kay  -  JadeJewelry.com

  • Benchmark - EngagementRings.com

  • Richline Group (Berkshire Hathaway Inc) - Jewelry.com

 

So, congratulations to CDN Jade Mine Resources Inc. You're in great company!

 

 

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