Alibaba Cloud Adjusts Price of Domain Name Reservation Platform, Starting Thur

Alibaba Cloud, a subsidiary of BABA, announced that due to increasing service costs, the bidding starting price for domain names on Wanwang, Alibaba Cloud's domain name reservation platform, will be adjusted starting at midnight on Thursday (1 August).

For ".com" domain names, the first bidding amount will be RMB199 after the reservation closes and the bidding stage starts. For other domain extensions, the first bid will be RMB99.