E-commerce China Dangdang Inc.
当当网
Dangdang.com logo
Type of businessPrivate company
Type of site
E-commerce
Available inChinese
HeadquartersBeijing, People's Republic of China
Area servedPeople's Republic of China
Founder(s)Peggy Yu
Li Guoqing
Key peopleGuoqing Li (CEO), Peggy Yu
(Executive chairwoman)
IndustryOnline shopping
Employees2,907[1]
URLDangdang.com
AdvertisingWeb banner
Launched1999

E-commerce China Dangdang Inc. (Chinese: 当当网), known as Dangdang, is a Chinese electronic commerce company, founded by Peggy Yu and Li Guoqing in 1999.[2] It is headquartered in Beijing and its main competitors are Amazon.cn (or Amazon China, formerly Joyo.com) and JD.com (or Jingdong, formerly 360buy.com). The competition escalated into a price war in December 2010, with each retailer marking down a wide range of items, especially books.[3] DangDang made an IPO on the NYSE in November 2010, estimated at approximately US$1 billion.[2]

Products

There are 2,907 employees in Dangdang, and its customers span across 50 countries, and over 40% B2C customers in China have shopping experiences with Dangdang.[4]

History

References

  1. ^ "finance - Google Search". Google.com. Retrieved 26 July 2018.
  2. ^ a b Sherman So (27 October 2010). "Dangdang heads for Nasdaq". Asia Times. Archived from the original on 29 October 2010. Retrieved 7 February 2011.((cite news)): CS1 maint: unfit URL (link)
  3. ^ "360buy.com in Price War with Dangdang, Joyo Amazon". Trading Markets. 22 December 2010. Archived from the original on 25 December 2010. Retrieved 7 February 2011.
  4. ^ "Dangdang Current Finance Status". JRJ. 9 November 2011. Retrieved 9 November 2011.
  5. ^ Michael, Santoli (17 July 2015). "Shanghai stock rout invites timely buyout bids for U.S.-listed Chinese firms". Yahoo Finance. Retrieved 17 July 2015.

External links

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