StockMarketWire.com - Minds + Machines, an owner and operator of internet top-level domains, has been granted approval by the Chinese regulator, MIIT, for the use in China of an initial batch of four of its top-level domains.

Minds + Machines now has five of its extensions approved by the Chinese government, with a further four currently still going through the MIIT approval process.

The company will announce the release schedule on the newly approved top-level domains for the Chinese market in due course.

The company's chief executive, Toby Hall, said: "We are greatly honoured to be the first western registry to receive a second round of approvals from MIIT. China accounts for over half of global registrations in new gTLDs and from a revenue perspective it is important for the company to have a dominant position in this market."

Minds + Machines said the launch of .boston is progressing and the domain successfully entered general availability on 10 October 2017, with over 2,000 registrations being made in the first six hours and approximately $100,000 of billings already booked.


At 8:24am: [LON:MMX] Minds Machines Group Ltd share price was +0.13p at 11.38p



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