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Suning Book Business Backed up by Dangdang?

Jack Ma, founder, chairman and CEO of Alibaba Group once said that “buying stuff from elsewhere then reselling them online is a stupid business model”, well, how about buying from your competitor rather than channels and then reselling online? Unbelievable yet might be the sure thing at least to Gong Wenxian, VP of etailer, […]

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Dangdang EBook Service Goes Online Today

Dangdang, the Chinese online retailer launched its ebook service today with more than 50,000 books in its ebook store and 90% of which are priced under RMB 10 yuan (US$ 1.5 dollar). 360buy is also said to follow suit and launch its own ebook store in early next year with north of 80,000 books and […]

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DangDang To Launch Kindle-Like E-book Reader

Everywhere I go, I see people reading something on their mobile, iPad or Kindle. At least in Beijing, people make long journeys on public transport, to and from work, so they need to make good use of their travel time. Realizing the big market size, DangDang, a ‘Chinese Amazon’ is releasing its own version of […]

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Price War: 360buy Vs. Dangdang

Two of the largest online retailers in China are having a price war.  One of them is Dangdang, a leading online book store in China that has just listed in Nasdaq. Another is 360buy, the largest online retailer in China by revenue and the most aggressive player in the industry. (Here is an article from […]

Posted inNews Goes Public in Nasdaq Next Month

I was having a lunch with a friend today. And he told me, next month, i.e. November, the largest Chinese online book retailer, Dangdang, will be going public in Nasdaq. As one of the first major Chinese e-commerce sites going public, it must create lots of fuss. I heard from an investment bank source that […]