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E-Commerce China Dangdang Inc. Message Board

  • lawstuff22 lawstuff22 Feb 27, 2012 10:27 PM Flag

    DANG is the ONE....

    Alas, the company isn't a one-star stock, though, so I'm instead opting to check out Dangdang, the "Amazon of China."

    The company is really just getting started -- but that doesn't mean people aren't flocking to use its site. During 2011, revenue increased 59%, as the company added roughly 6.6 million new customers to its base. It also saw the need to expand its capacity by building out more fulfillment centers, which are in 10 cities on the mainland.

    What's truly staggering about Dangdang's potential is this -- it added only 6.6 million customers last year. With China's population of 1 billion people, the runway for growth is very long. If Dangdang's able to copy what Amazon has done in the United States -- much like what Baidu did with Google -- the sky could be the limit.

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DANG
8.73-0.190(-2.13%)Jan 28 4:02 PMEST

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