Chinese phone number with 7 zeros sells for ¥700,000 at auction

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Press " PandaGuides " above to follow us! A phone number ending in seven consecutive zeros was sold for an astonishing 700,000 yuan (about $96,000) at a recent online auction held by the People’s Court of Binhai New Area in Tianjin. The bidding process lasted 24 hours, during which 24 participants placed 36 bids, pushing the price far beyond the starting bid of 250,000 yuan. This high-profile auction follows a similar incident last year in Yancheng, Jiangsu Province, where a phone number featuring six consecutive eights was sold for 420,000 yuan. These auctions have sparked heated discussions online, with many netizens marveling at the high prices people are willing to pay for "lucky" or rare phone numbers. However, this latest auctioned number comes with a few notable caveats. According to the court’s description, the purchaser gains only the right to use the number, not full ownership. Additionally, if there are any outstanding dues on the number, the buyer is required to set ………………………………