Company says it can’t predict if surge will continue, nor what renewal rates will be.
.Com registry Verisign issued a statement today regarding an upcoming presentation at a financial conference and provided commentary on the Chinese domain name market. Domain name registrations in China are leading to an outsized performance in domain name registrations this quarter.
The company said its domain name base is up 4.1 million for .com and .net this quarter as of November 22, 2015. The company noted:
…While there continues to be demand for domain names globally, the recent increased volume for Verisign’s top level domains, as well as top level domains of other registries, during the fourth quarter is coming largely through registrars in China.
In the past, Verisign has discussed many factors that affect the demand for domain names, including, but not limited to economic, social, and regulatory conditions, Internet adoption, Internet penetration, and increasing e-commerce. In addition to these factors affecting demand, Verisign is also evaluating additional potential factors unique to China that may also be responsible for the recent increased volume of new registrations in China. Click here to continue reading…