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This website is worth $75 million This website is worth $75 million
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Old 08-20-2004, 07:52 PM   #1
BRISK
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This website is worth $75 million
www.joyo.com


Amazon.com bought it for $75 million
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Old 08-20-2004, 07:54 PM   #2
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Quote:
Originally posted by BRISK
www.joyo.com


Amazon.com bought it for $75 million
Okay, nice. I just registered joyo.net for $8.95.

Offering it at $10,000,000 USD.

Anyone interested?

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Old 08-20-2004, 07:58 PM   #3
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What $75 millions for that name ??? Realy what is soo special about it
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Old 08-20-2004, 07:59 PM   #4
BRISK
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Quote:
Originally posted by dimitar
What $75 millions for that name ??? Realy what is soo special about it
It's not just a name
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Old 08-20-2004, 07:59 PM   #5
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google returns a heap of results in Chinese, but from what I can gather it is China's biggest online store. Like a Chinese version of Amazon.
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Old 08-20-2004, 08:01 PM   #6
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Got a link to a news story? I can't really figure out what's so special about this site that would warrant such a price.

WG
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Old 08-20-2004, 08:02 PM   #7
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Amazon to Purchase Chinese Retailer Joyo.com

Amazon.com agreed to buy Joyo.com which is China?s largest online retailer of books, music and videos. The agreed purchase will be at $75 million for Amazon to enter the world?s second largest populated Internet market.

Amazon will pay $72 million in cash and assume employee stock options to buy Joyo. The purchase, which will give Amazon its sixth international entity, follows suit in China as competitors such as Yahoo, eBay, and Google have been heavily investing in the Chinese market by acquisitions.
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Old 08-20-2004, 08:02 PM   #8
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Somehow I find that hard to believe...
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Old 08-20-2004, 08:02 PM   #9
BRISK
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http://www.businessweek.com/technolo...7303_tc024.htm
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Old 08-20-2004, 08:03 PM   #10
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Quote:
Originally posted by spunky1
Somehow I find that hard to believe...
Why? China is the place to be next.



ChineseGirls.com

Last edited by KRL; 08-20-2004 at 08:06 PM..
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Old 08-20-2004, 08:04 PM   #11
BRISK
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China will soon have more internet surfers than any other country
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Old 08-20-2004, 08:07 PM   #12
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whats so hard to believe about it ??

its the leading chinese ecom site
70mil is a bargain

smart move by amazon
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Old 08-20-2004, 08:10 PM   #13
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Whoa nice. Amazon is taking over
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Old 08-20-2004, 08:11 PM   #14
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Quote:
Originally posted by spunky1
Somehow I find that hard to believe...
Remember ebay with the shitty design ? yahoo ?

75 million isn't that much for the #1 in china ... it might be worth millions soon
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 08-20-2004, 08:12 PM   #15
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Below is a somewhat related article from The Economist. It has some interesting facts and statistics about another player in that space, dangdang.com, who was processing 4k orders a day at the time.

http://www.ebusinessforum.com/index....ry&doc_id=6658
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Old 08-20-2004, 08:13 PM   #16
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Quote:
Originally posted by Doctor Dre
Remember ebay with the shitty design ? yahoo ?

75 million isn't that much for the #1 in china ... it might be worth millions soon
What do you mean "soon"? It's worth millions now.
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Old 08-20-2004, 08:13 PM   #17
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the page takes forever to load ...
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Old 08-20-2004, 09:04 PM   #18
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Sounds like Amazon is buying their way into the Chinese market..
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Old 08-20-2004, 09:05 PM   #19
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And I have still not bought from amazon. lol
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Old 08-20-2004, 09:56 PM   #20
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Sounds like Amazon is buying their way into the Chinese market..
yahoo, google, ebay have all done the same in just the last few months and entered Chinese market.
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Old 08-20-2004, 10:25 PM   #21
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Quote:
Originally posted by BRISK
What do you mean "soon"? It's worth millions now.
he probably meant "billions".. just my guess
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Old 08-20-2004, 10:33 PM   #22
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the page takes forever to load ...
I wonder why...
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Old 08-20-2004, 10:33 PM   #23
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I love fucking chinese chicks. It must be worth it
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Old 08-20-2004, 10:36 PM   #24
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Quote:
Originally posted by WiredGuy
Got a link to a news story? I can't really figure out what's so special about this site that would warrant such a price.

WG
Entry into the market I guess. If that's what it takes to get in $75 million is a steal.
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Old 08-20-2004, 10:39 PM   #25
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Looks like a smart move
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Old 08-20-2004, 10:44 PM   #26
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Good move This is a long term investment. 20 years from now, China's economy will be gigantic!
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Old 08-20-2004, 11:55 PM   #27
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good move, the chinese market is movin fast
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Old 08-20-2004, 11:56 PM   #28
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Quote:
Originally posted by SomeCreep
Okay, nice. I just registered joyo.net for $8.95.

Offering it at $10,000,000 USD.

Anyone interested?
haha in 5 years you will be a millionaire
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Old 08-20-2004, 11:57 PM   #29
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Traffic Rank for joyo.com: 218 alexa rank
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Old 08-21-2004, 01:18 AM   #30
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Traffic Rank for joyo.com: 218 alexa rank
Cool.. time to learn Chinese?
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Old 08-21-2004, 02:47 AM   #31
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I have seen this domain in the alexa top 500 list.

i know they have mega_traffic.
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Old 08-21-2004, 02:49 AM   #32
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looks like one of their biggest competitors in china or one of the countries near there - not surprising. Amazon are #1 for a reason
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Old 08-21-2004, 02:53 AM   #33
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Must be worth it.
A nice alexa rank.
China will be the biggest internet market in the near future.
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