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domains Alibaba raises prices for domain name auctions

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Auctions for previously owned domain names now start at 99 yuan, a 43 per cent increase over new prices announced just a year ago.

The company said it is hiking prices “after careful consideration” in response to “increasing service costs”, but did not elaborate.

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"previously owned" as in expired? TIL they run expired domains auctions, that's good to know.
 
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"The Alibaba Cloud Domain Name Trade platform is a domain name trading system developed by Alibaba Cloud."

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Show attachment mi.aliyun.com.png
 
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That might be worse than GoDaddy going from $12 to $25
 
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