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Posted inNews

DangDang Opens Store in Tmall

Ever imagine Amazon to operate a store on eBay? How weird would that be? Well it’s actually happening in China. Dangdang, which is hailed as the Chinese Amazon and has its own open platform for 3rd party online merchants, announced to operate virtual stores on TMall, the B2C platform of Taobao, which was inspired by […]

Posted inNews

Digital books cost way cheaper than the print in China but are not cheap to create at all

Dangdang, one of the leading online book retailers in China, made 3 million Yuan in digital book sales in 2012 but spent approaching 5 million Yuan in formatting text files received from conventional publishers, according to Wang Xi, vice president of the company. He complained that what they got were half-products is frustrating. Chinese publishers […]

Posted inNews

I Love Kindle, But I Really Don’t Think I Need A Paperwhite for China

It’s been a month since Kindle Paperwhite and Kindle Fire HD finally landed in China. The Paperwhite does have some localized features that Chinese users can share excerpts to Sina Weibo, the prevailing micro-blogging service in China, choose from three Chinese fonts or use the built-in Chinese-to-Chinese and English-to-Chinese dictionaries. But Kindle in general isn’t well-received for […]

Posted inNews

How Tiger Fund Hunts Techie Pandas

Nov. 21st , YY Inc. priced its 7.8 million share IPO in Nasdaq at $10.50 and began trading on that day. In 2011, Tiger invested $76m in YY, and now the value was almost halved to approximately $40.27m. Since 2003, Tiger Fund has started sowing seeds in China tech industry, with ecomm being its main […]

Posted inNews

Dangdang Launches Pinterest-ish Service

Finally it’s Dangdang’s turn to do so, the Chinese B2C site reportedly just launched a new service dubbed Dangdang Share to tap into the Pinterest fever over here. Over the course of past few months, we’ve seen numerous new startups doing Pinterest or big companies making similar service on top of existing offerings, like Taobao […]

Posted inNews

Taobao Turns Ten: A Look Back

Taobao — “exploring treasures” in Chinese — now is a household name in China. Ten years ago, Alibaba wanted to try out the online auction by putting up a Nokia phone online. That phone turned out to be the first item on the customer-to-customer platform. eBay-like auction, however, never prevailed in China. Taobao simply became the biggest marketplace for online […]

Posted inNews

Jiuxian Taking over Dangdang Wine Business

China’s Dangdang announced today that Jiuxian.com has taken over the NYSE-listed company’s wine e-tailing business, a move highlighting that DangDang is taking another step forward into its B2C open platform strategy. Prior to the teaming-up, DangDang has introduced Letao (shoe vertical), Gome (3C) and Moonbasa (apparel) into its open platform. Founded in September 2010, Jiuxian.com […]

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