QUOTE AND NEWS
SeekingAlpha  Apr 2  Comment 
By LetsPartyLikeIts2002: When E-Commerce China Dangdang (DANG) went public in late 2010, the company was touted as being the Amazon.com, Inc. (AMZN) of China. At this time, Alibaba Group and Jingdong Technology Group Corporation or JD.com, Inc.,...
Benzinga  Mar 19  Comment 
Holders in shares of E Commerce China Dangdang (NYSE: DANG) are in an uproar Wednesday following a scathing report from China's CCTV. The stock plunged nearly 8 percent immediately after the report started making the rounds; shares have since...
TheStreet.com  Mar 13  Comment 
NEW YORK (TheStreet) -- Many of the stocks we follow came back big time on Thursday and are showing strong momentum, despite all of the ugliness in the market on Wednesday. Here are four to watch. E-Commerce China Dangdang , which pulled back to...
Benzinga  Mar 6  Comment 
Here's a look at the top tickers trending on StockTwits.com. Dangdang: Management shuffle E-Commerce China Dangdang (NASDAQ: DANG) announced that Jun Zou, the company's Chief Financial Officer has tendered his resignation, citing personal...
SeekingAlpha  Mar 4  Comment 
ByJustin Giles: Earnings season can be a very rewarding or depressing time for investors as news can quickly send shares popping or dropping. Because Chinese companies such as Baidu (BIDU) and Dangdang (DANG) among others, delivered strong...
Benzinga  Mar 4  Comment 
Luxoft Holding (NYSE: LXFT) shares moved up 19.67% to $34.50. The volume of Luxoft Holding shares traded was 1466% higher than normal. Luxoft scheduled a conference call to review Luxoft operations in Ukraine on March 4. EPAM Systems (NYSE:...
TheStreet.com  Feb 28  Comment 
NEW YORK (TheStreet) -- E-Commerce China Dangdang  is extending Thursday's rally into Friday's session. A day earlier, the Beijing-based business closed 31.5% higher after reporting better-than-expected quarterly sales and earnings. By early...
SeekingAlpha  Feb 28  Comment 
ByJustin Giles: Earnings season can be a very rewarding or depressing time for many investors as news can quickly send shares popping or dropping. Fortunately for longs, shares of Dangdang (DANG) were flying high early Thursday morning as the...




 
TOP CONTRIBUTORS

E-Commerce China Dangdang (NYSE:DANG) is a large e-commerce company based in China. The company focuses on selling books and publications, but also has general merchandise such as beauty, clothing, and lifestyle products. The company offers cash-on-delivery payment options, which is a popular payment method in China, in 750 cities. In addition, the company allows online payments, online transfers, and postal remittance.[1]

Dangdang expects that the Chinese retail industry will continue to experience growth. From 2005 to 2009, the industry has grown by a compounded annual growth rate of 10.7%. As China's middle class grows, the number of internet users will continue to rise. The growing middle class also increases the educated population which are more likely to purchase books. In addition, the book retail market is highly fragmented, and the majority of book retailers are province specific chains.[2]

The company's initial public offering of stock on the NYSE occurred on December 7, 2010. The company offered 17M ADSs each for $16. The company's initial price range $11-$13, however it revised its range to $13-$15. The IPO raised $272M for the company.[3]

Dangdang's total revenue increased by 86% from 2008 to 2009. The company reported total revenues of 1,297M RMB in 2009. Dangdang also reported a net income of 17M RMB in 2009 which was a rise from the 82M RMB loss the company reported in 2008. [4]

References

  1. DANG F-1/A 2010 PROSPECTUS SUMMARY "Our Business" pg 1
  2. DANG F-1/A 2010 PROSPECTUS SUMMARY "Our Industry" pg 2
  3. Renaissance Capital - IPO Home "E-Commerce China Dangdang prices IPO at $16, above its upwardly revised range" 7 Dec 2010
  4. DANG F-1/A 2010 PROSPECTUS SUMMARY "OUR SUMMARY CONSOLIDATED FINANCIAL DATA" pg 10
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