Just like LONG (see SA-article)
New York, NY and Boston, MA and Beijing China (PRWEB) May 27, 2015
Today, before the opening of BookExpo America, Trajectory, Inc. and Chinese online bookseller Dangdang (NYSE: DANG) announced a major partnership agreement. The partnership will allow Trajectory to further expand its leading global eBook distribution network with the addition of Dangdang, the billion dollar a year Chinese bookseller who will be presenting Trajectory’s English language catalogue of eBooks to its 4.5 million daily unique visitors.
Like I said years ago.
No I know why competitors like Vips have such great numbers and Dang doesnt. They are cooking the books. At least Dang looks real and honest with 5 million profit instead of Vips 50 million.
Again, no pr from the company itslf, the lack of willing to inform investors is anoying.
Chinese e-commerce company DangDang, Inc. has launched a campaign aimed at promoting parent-child reading and ultimately strengthening the literary culture in the country.
The campaign titled "Parents and Children Read for 21 Days," was launched on Tuesday, April 21, in Beijing. Throughout the duration of the campaign, DangDang will engage in up to 1,000 reading activities to promote literacy across the country.
Bought them at 18,40, they still made tens of millions of profit, look at their margins compared with Dang.