2013-05-18
China's Dangdang.com Net Revenue Up 23% With Continued Net Losses
Chinese B2C e-commerce website Dangdang.com published its financial report for the first quarter ended March 31, 2013, stating that its total net operating revenue was CNY1.334 billion, a year-on-year increase of 23%; though it still reported net losses of CNY72.7 million. During the first quarter of 2013, Dangdang.com's total trade value was CNY1.86 billion, including [...]