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E-Commerce China Dangdang Inc. Message Board

  • robhenderson222 robhenderson222 Oct 27, 2011 11:16 PM Flag

    Three things just happened...

    Firstly AMZN came in with record growth which shows that e-commerce isn't slowing down anytime soon, and that the model DANG is trying to imitate is delivering... forget the profit, they are building 17 warehouses!

    Secondly BIDU showed that despite all the troubles or perceived troubles of China recently, including slowing external demand that hasn't affected internal demand or demand for internet services...

    Thirdly BIDU results with search growth from ads [and quarterly growth of 77% in China search market generally] show is that as Chinese search more online, they will of course will be buying more online - they are afterall clicking on paid search ads...

    I see DANG back around $9-10 in short order...

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DANG
12.35-0.03(-0.24%)Jul 11 4:03 PMEDT

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