# Bacodes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bacodes

- Industry: Retail
- Headquarters: Guangzhou, China
- Website: www.bacodes.com
- Latest round: Series B (Sep 1, 2014)
- Investors on record: 1

## About

Bacodes specializes in domain name brokerage, offering premium domain names for purchase and secure transaction services, aimed at enhancing online presence for businesses and individual investors.Bacodes operates in the domain name brokerage sector, providing services focused on the sale and transfer of high-value domain names. The company is headquartered in Guangzhou, China, and is led by CEO Chunjian Lu. Bacodes has engaged in 2 deals, with the most recent transaction occurring on September 1, 2014, when Telescope Investment completed a Series B financing round for the company.Bacodes is engaged in the domain name brokerage sector, specializing in the sale and transfer of high-value domain names. Their core offerings include premium domain names that are currently available for direct purchase, along with professional intermediary services to facilitate secure transactions. Bacodes aims to cater primarily to businesses and individual investors who are looking to establish or enhance their online presence through strategic domain acquisitions. The company serves a diverse clientele across various sectors, including technology, e-commerce, and branding, providing them with unique domain names that can significantly impact their market visibility. Bacodes operates primarily in the Chinese market, but its services are also accessible to international clients, expanding its reach to various geographical regions.The revenue model of Bacodes is based on the direct sale of domain names, with a notable listing price set at CNY 2,298 for individual domain transactions. The company leverages a structured transaction process through its partnership with 4.cn, a leading domain escrow service platform, which ensures secure dealings and fosters trust between the buyer and seller. Transactions are typically completed within five working days, after which the domain is officially transferred to the purchaser. This business model operates primarily on a B2C basis, where clients can directly purchase domain names. Bacodes' revenue is derived from these sales, with the potential for additional income through premium listings and related services within the domain brokerage industry.Bacodes plans to enhance its product offerings with new premium domain names anticipated to launch by the end of 2024. The company is also targeting expansion into international markets, particularly in Southeast Asia and North America, aiming for a presence established by 2025. The funding received in September 2014 will be utilized to support these initiatives, facilitating market research and product development necessary for successful entry into these new regions.

## Funding rounds

- Series B, Sep 1, 2014 — Telescope

## Investors

- Telescope (https://capitalatlas.ai/funds/telescope) — Series B