Parent company considers spinning off registrar it bought two years ago.
Alibaba’s domain name registrar HiChina may be spun off into a public offering in the United States according to a filing with the Hong Kong stock exchange.
Alibaba paid $79 million for a controlling stake in HiChina in 2009.
HiChina could be considered the “Go Daddy of China”. This begs the question if Go Daddy should buy the company. As it turns out, one of Go Daddy’s new owners Silver Lake Partners is considering a buyout of Alibaba. Go Daddy has said the investment from KKR, Silver Lake, and Technology Crossover Ventures will help the company expand internationally.
The domain registrar has well over 1 million domain names registered according to Webhosting.info.
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