QUOTE AND NEWS
SeekingAlpha  Aug 21  Comment 
By Amal Singh: E-commerce website E-Commerce China Dangdang (NYSE:DANG) is on a roll, having gained 50% this year. The Chinese business-to-consumer e-commerce company seems to be making the most of the growing internet penetration in China, and...
Benzinga  Aug 15  Comment 
Analysts at JP Morgan upgraded E-Commerce China Dangdang (NYSE: DANG) from Underweight to Neutral. The target price for E-Commerce China Dangdang has been raised from $7.50 to $15.00. E-Commerce China Dangdang shares have surged 52.60% over...
Benzinga  Aug 15  Comment 
SeekingAlpha  Aug 14  Comment 
By SA Transcripts: E-Commerce China Dangdang (NYSE:DANG) Q2 2014 Earnings Call August 14, 2014, 7:00 AM ET Executives Sophia Zhou – Investor Relations Director Peggy Yu Yu – Co-Founder, Executive Chairwoman Jun Zou –...
TheStreet.com  Aug 14  Comment 
NEW YORK (TheStreet) -- E-Commerce China Dangdang shares are down -8.16% to $14.85 on Thursday after the Chinese business-to-consumer e-commerce company guided third quarter revenue below analysts expectations.The company said that it expects to...
newratings.com  Aug 14  Comment 
BEIJING (dpa-AFX) - E-Commerce China Dangdang Inc. (DANG) reported that its net income for the second quarter ended June 30, 2014 was RMB28.8 million or $4.6 million, compared to a net loss of RMB63.9 million in the corresponding period in 2013,...
StreetInsider.com  Aug 13  Comment 
The Trading Radar highlights key earnings and economic announcements for the next trading session: Before Markets Open: Economics: 8:30am EDT Initial Claims - Street sees 305K Continuing Claims - Street sees 2.523M Export Prices: ex. Ag - no...
TheStreet.com  Aug 6  Comment 
"The market does not beat them. They beat themselves, because though they have brains, they cannot sit tight." - Jesse Livermore NEW YORK (TheStreet) -- Guess what I'm going to say today. Down, up, down. All we're seeing is more chop and failed...
SeekingAlpha  Aug 6  Comment 
By Amal Singh: Chinese business-to-consumer e-commerce company E Commerce China Dangdang (NYSE:DANG) is on a roll this year. Its shares have gained close to 45%. However, Dangdang shares have dropped close to 20% after peaking in early March....
SeekingAlpha  Jul 16  Comment 
By Daniel Peterson: Chinese e-commerce is a rapidly growing industry that will garner increased attention as the IPO of Alibaba (Pending:BABA) approaches. In this article I'll take a look at four of the largest publicly traded companies in the...
SeekingAlpha  Jul 10  Comment 
By Doug Young: Cyberchatter over the past week was shining a spotlight on the huge task ahead for domestic Chinese smartphone makers, as they engage in cut-throat competition in their massive home market. A new survey posted by a top regional...




 
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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