30 Apr '14, 1am

The awakening of a young Chinese giant, Xiaomi. This week's Tech Musings by @yedwin01

The awakening of a young Chinese giant, Xiaomi. This week's Tech Musings by @yedwin01

Last weekend, I was going through my usual reading list and read this particular story – how up-and-coming Chinese consumer electronics player Xiaomi Inc had paid US$3.6 million to secure the domain name mi.com . Quartz.com reported that this domain acquisition is so far the most expensive of the year; the second most expensive of which was the acquisition of whisky.com at US$3.1 million. The whopping US$3.6 million paid by a nascent consumer electronics company for mi.com was ostensibly because of the inability of ‘non-native Chinese’ speakers, a common euphemism for westerners, to properly pronounce the Beijing-based company’s name, according to Quartz . The purchase of the domain name for such an expensive price isn’t new as this phenomenon is called ‘domain parking ,’ a practice of reserving a domain name for future development and use. The move is also meant to protec...

Full article: http://www.vernonchan.com/2014/04/the-awakening-of-chines...

Tweets

Xiaomi doesn’t always purchase a domain name, but when they do they spend millions.

Xiaomi doesn’t always purchase a domain name, b...

buydomains.com 29 Apr '14, 2pm

The biggest domain name purchase this year was just completed by Xiaomi, who purchased Mi.com for a cool $3.6 million USD....

Huawei trolls Xiaomi. Brilliant.

Huawei trolls Xiaomi. Brilliant.

vernonchan.com 29 Apr '14, 2pm

Huawei Malaysia today trolled fellow Xiaomi Malaysia on its Facebook page , cleverly thanking them for celebrating the lau...

@michellindsay here ya go!

chineselaundry.com 29 Apr '14, 9pm

Javascript is disabled in your browser. You must have Javascript enabled in your browser to utilize the functionality of t...

The rise of Xiaomi, part 2. In this week's Tech Musings by @yedwin01

The rise of Xiaomi, part 2. In this week's Tech...

vernonchan.com 08 May '14, 5pm

Last week’s post, about the rise of China’s Xiaomi Inc , prompted me to dig further and deeper into the few nascent but up...

Unboxed: Xiaomi Mi 3

Unboxed: Xiaomi Mi 3

soyacincau.com 08 May '14, 9pm

Xiaomi looks at cost very seriously and they’ve cut out unnecessary spending in marketing and distribution by selling thei...

Xiaomi enters Malaysia with Xiaomi Mi3. Pre-orders open on 20th May

Xiaomi enters Malaysia with Xiaomi Mi3. Pre-ord...

soyacincau.com 08 May '14, 4pm

Xiaomi enters Malaysia with Xiaomi Mi 3. Pre-orders open on 20th May at RM889 Posted: May 8, 2014 By: soyacincau 2 comment...

A new wave of ambitious restaurants in LA and N...

robbreport.com 02 May '14, 8pm

The soup dumplings at RedFarm, a new restaurant on Manhattan’s Upper West Side, could not be more authentic. The wrappers ...

Vatican Dialogue: ‘Man is a Technical Giant and...

dotearth.blogs.nytimes.com 02 May '14, 11pm

Built on consumerism and the rapid augmentation of profits, progress in our post-industrial age has led to serious environ...

Vatican Dialogue: 'Man is a Technical Giant and...

dotearth.blogs.nytimes.com 03 May '14, 12am

Built on consumerism and the rapid augmentation of profits, progress in our post-industrial age has led to serious environ...

Dot Earth Blog: Vatican Dialogue: ‘Man is a Tec...

dotearth.blogs.nytimes.com 03 May '14, 12am

Built on consumerism and the rapid augmentation of profits, progress in our post-industrial age has led to serious environ...