Dangdang was once a top e-commerce platform, but a drawn-out power struggle as well as divorce drama between Li and his ex-wife and co-founder has clouded the company’s future.
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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 […]
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The Bloody Price War Starts At 9am Today, 360Buy Vs. Suning/Gome/DangDang/51Buy
Believe or not, starting at 9am today (15th August, 2012), several major B2C sites will cut down the price of all home appliance, and everyone promises they will offer the cheapest price. In the bloody price ware, one side is 360buy, and the other is the union of Suning, Gome, DangDang and 51buy.
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Dangdang CEO: Price War Won’t Last Long
The Chinese B2C warfare in this year is more ferocious than ever. And it’s not over yet; many have declared that in the next half it would be even tougher. Fortunately someone is calling for a truce. Li Guoqing said in a recent interview that, “I don’t believe my peers still want a price fight […]
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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 […]
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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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DangDang CEO Li Guoqing Opens Fire Again
Li Guoqing, the trouble causing CEO and co-founder of Chinese etailer Dangdang opened fire again at some of the NYSE-listed company’s peers, criticizing them for unsustainable business or lacking attraction among investors. At a recent conference organized by Chinese Internet think tank iResearch, Li shot at 360buy.com claiming “the company wouldn’t even survive this August […]
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DangDang.com is in Trouble
DangDang.com (NYSE:DANG), China’s largest online book store is going through some major problems at the moment. Firstly, financially they have recorded three consecutive quarters of losses due to setting lower prices and promotions to attract customers away from 360Buy.com and TMall.com. Shares have dropped 84 percent last year, falling below the December 2010 initial public […]
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Rumor: Dangdang to Launch Proprietary Apparel?
Dangdang, the leading Chinese online bookstore turned general etailer is said to launch its proprietary apparel brand in next month, according to Mahui, General Manger of Beijing-based underclothes manufacturer TopNew Group. Ma said that Dangdang has contracted with the company to design and produce Dangdang-branded clothes, like Dangdang Kids for children. Li Guoqing, co-founder and […]
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Gome Teaming up with Dangdang to Rival 360buy
Gome is really at it. We wrote about Coo8, one of the online arms acquired by Gome has agreed on a comprehensive partnership deal with Etao to leverage the price engine for joint force promotion, affiliate program and so forth. Now, Gome.com.cn, the more-of-its-own online outlet of the HongKong-listed Gome Electrical Appliances Holdings Limited announced […]