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Results in from first ever .shop domain name auction
Yesterday, GMO Registry partnered with Alibaba Group to hold the first ever auction of .shop domain names. As the largest retail commerce company in the world, Alibaba was the perfect platform to provide the first opportunity to bid for .shop premium names.

Around 20 names were put up for auction, under the theme of 'shopping' (of course!). The auction targeted the Chinese market and featured numbers that are considered lucky in addition to Chinese words. All 20 names were sold for a total of RMB 391,131 (US$58,583). Here are the top sellers.   
Domain Name
Winning Bid
RMB 70,000
To be continuously profitable
RMB 66,000
RMB 59,222
RMB 24,001
Present, Gift
RMB 24,000
Mother and child