588.com took the second place in the list of the year's largest domain deals. According to The Domains, it changed the owner for $1 million dollars. The transaction took place at the end of August, however its official confirmation has appeared only now.
It isn't reported who became a new registrant, however it is known that the domain has come under control of the Chinese registrar ename.com. However, even without this information it is simple to assume that a new owner of 588.com is from China. It is well-known that the domain names consisting only of figures are in demand in China. By the way, there are three such "digital" names, according to DNjournal, in the five of . Besides 588.com, there are also 899.com ($801K) and 345.com ($800K).