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DANG $6.63

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E-commerce China Dangdang Inc.
当当网
Dangdang.com logo
Type of business Private company
Type of site
E-commerce
Available in Chinese
Headquarters Beijing, People's Republic of China
Area served People's Republic of China
Founder(s) Peggy Yu
Li Guoqing
Key people Guoqing Li (CEO), Peggy Yu
(Executive chairwoman)
Industry Online shopping
Employees 2,907
Website Dangdang.com
Alexa rank Positive decrease 1,572 (April 2014)
Advertising Web banner
Launched 1999

E-commerce China Dangdang Inc. (Chinese: 当当网), known as Dangdang, is a Chinese electronic commerce company, founded by Peggy Yu and Li Guoqing in 1999. It is headquartered in Beijing and its main competitors are Amazon.cn (or Amazon China, formerly Joyo.com) and JD.com (or Jingdong, formerly 360buy.com). The competition escalated into a price war in December 2010, with each retailer marking down a wide range of items, especially books. DangDang made an IPO on the NYSE in November 2010, estimated at approximately US$1 billion.

Dangdang's main product categories include household merchandise, cosmetics, digital, home appliances, books, audio, and dozens of clothing and maternal and child categories. There are over 10 million new registered customers per year in Dangdang . More than 100 thousand people buy things from Dangdang each day. There are about 30 million people a month browse different kinds of products each month. The monthly sale of goods in Dangdang is over 20 million.

Dangdang sells over 200,000 kinds of books and 10,000 kinds of software and audio products, which make up 90% of the category in China mainland. There are about 3,000 employees in Dangdang, and its customers are among 50 countries, and over 40% B2C customers in China have shopping experiences with Dangdang.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-12-24 Reiterated Rating Morgan Stanley Equal Weight to Not Rated
2015-09-03 Reiterated Rating HSBC Buy $13.00 to $12.00
2015-09-02 Reiterated Rating Brean Capital Hold
2015-07-16 Reiterated Rating Morgan Stanley Overweight
2015-06-02 Reiterated Rating Barclays Underweight $9.00 to $8.00
2015-06-02 Reiterated Rating Barclays PLC Underweight $9.00 to $8.00
2015-04-02 Lower Price Target Oppenheimer Outperform $13.00 to $11.00
2015-04-02 Lower Price Target Oppenheimer Holdings Inc. Outperform $13.00 to $11.00
2014-10-29 Initiated Coverage Morgan Stanley Equal Weight
2014-10-20 Reiterated Rating Macquarie Outperform $18.00 to $16.00
2014-08-15 Downgrade Credit Suisse Outperform to Neutral $14.50 to $14.00
2014-08-15 Upgrade JPMorgan Chase & Co. Underweight to Neutral $7.50 to $15.00
2014-08-15 Downgrade Credit Suisse Group AG Outperform to Neutral $14.50 to $14.00
2014-08-07 Upgrade T.H. Capital Buy $17.00
2014-08-07 Upgrade TH Capital Hold to Buy $17.00
2014-07-24 Initiated Coverage Citigroup Inc. Buy $15.16
2014-05-15 Reiterated Rating Citigroup Inc. Buy to Hold $23.00 to $15.00
2014-05-15 Downgrade Bank of America Buy to Neutral
2014-03-13 Initiated Coverage Credit Suisse Outperform
2013-11-18 Reiterated Rating Oppenheimer Outperform $9.50 to $11.00
2013-11-15 Lower Price Target HSBC $12.63 to $12.00
2013-11-14 Upgrade HSBC Neutral to Overweight
2013-10-22 Downgrade HSBC Overweight to Neutral
2013-09-26 Initiated Coverage Credit Suisse Outperform
2012-03-27 Upgrade Oppenheimer Perform to Outperform $9.50
2015-12-24 Reiterated Rating Morgan Stanley Equal Weight to Not Rated
2015-09-03 Reiterated Rating HSBC Buy $13.00 to $12.00
2015-09-02 Reiterated Rating Brean Capital Hold
2015-07-16 Reiterated Rating Morgan Stanley Overweight
2015-06-02 Reiterated Rating Barclays Underweight $9.00 to $8.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In DANG 2 funds of 2213 total. Show all

Fund name Ticker shares
Index Management Solutions, LLC 83006
BURNHAM ASSET MANAGEMENT CORP /NY/ 17000

Major Shareholders

Name Relationship Total Shares Holding stocks