This website is worth $75 million
 

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?

:glugglug

What $75 millions for that name ??? Realy what is soo special about it

It's not just a name

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. :Graucho

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

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.

Somehow I find that hard to believe...

Why? China is the place to be next.



ChineseGirls.com

:Graucho

China will soon have more internet surfers than any other country

whats so hard to believe about it ??

its the leading chinese ecom site
70mil is a bargain

smart move by amazon

Whoa nice. Amazon is taking over :winkwink:

Remember ebay with the shitty design ? yahoo ?

75 million isn't that much for the #1 in china ... it might be worth millions soon

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

What do you mean "soon"? It's worth millions now.

the page takes forever to load ...

Sounds like Amazon is buying their way into the Chinese market..

And I have still not bought from amazon. lol

yahoo, google, ebay have all done the same in just the last few months and entered Chinese market.

he probably meant "billions".. just my guess

I wonder why...

I love fucking chinese chicks. It must be worth it

Entry into the market I guess. If that's what it takes to get in $75 million is a steal.

Looks like a smart move

Good move :thumbsup This is a long term investment. 20 years from now, China's economy will be gigantic!

good move, the chinese market is movin fast

haha in 5 years you will be a millionaire

Traffic Rank for joyo.com: 218 alexa rank

Cool.. time to learn Chinese? :thumbsup

I have seen this domain in the alexa top 500 list.

i know they have mega_traffic.

looks like one of their biggest competitors in china or one of the countries near there - not surprising. Amazon are #1 for a reason

Must be worth it.
A nice alexa rank.
China will be the biggest internet market in the near future.