Shop domain name is a new generic top-level domain (new gtld for short). The domain name was acquired by GMO for $41.5 million. The domain name has been very popular since its launch, and companies such as Amazon, Google, and JD.com have bid for .shop.
Shop has the meaning of "store, factory, shopping" and is one of the latest top-level domain names approved by ICANN. Users are distributed in 182 countries, with more than 700,000 registered users.
Shop CEO Hiro Tsukahara: "We believe that Shop is the best choice for all kinds of stores, both online and offline, and the word "Store" is unique in that it is recognized and appreciated worldwide. Whether in Europe or Asia, .shop resonates with online consumers, making .shop the best choice for companies to expand their online business." The word store has multiple languages and cultures around the world and is widely used in daily life to promote cross-border e-commerce.
At present, in China, .shop has also passed the domain name registration qualification. On December 29, 2016, the .shop domain name passed the qualification approval of the Ministry of Industry and Information Technology, and can be built in China and can submit a registration application.
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