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May 4 News, with 10 years of history of the billion-Tang website domain name etang.com due to the expiration of not renewed fees, has recently been namejet.com public auction. At the same time, after the transformation of the WEB2.0 website hompy.cn also closed. This may mean that the Internet company, once known as the "bright yellow generation", has vanished from our horizons.
This afternoon, billion Tang before COO Changdong to Tencent Technology confirmed the matter. But he said that the incident "no interest to speak more", as of press, Billion Tang founder Tanghaisong also did not comment on the matter.
In the 1999, returnees Tanghaisong created an billion-tang network and formed a "dream Team" of 5 Harvard MBAs and 2 Chicago University MBAs to get two of a total of 50 million dollars in funding from offshore investment institutions. However, because the site and the Internet opportunities to pass by repeatedly, has not been developed. 2006, Billion Tang network was forced to sell licence resources to Qihoo company, and transform the development of new web2.0 website hompy.cn.
However, Hompy.cn has also been closed to create new websites. According to the insider said, as early as last year, Shanghai billion Tang company only left empty shell, as a result of failure, the former "Dream Team" in the company after burning the money has also chosen to flee.
According to public information, etang.com expired April 8 this year. As a result of the million Tang company's business has been closed, the current domain no renewals, so the domain name auction and registration service vendors namejet.com public auction.
According to the practice of international Domain name registration, the. com domain name expires, if not renewed, will enter a one-month public auction stage. Currently, namejet.com information shows that 51 people have bid for etang.com domain name, the highest bid is 2500 U.S. dollars.