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    Dangdang Yu Yu: The Revenue Of Department Stores Will Exceed That Of Books.

    2010/12/23 10:26:00 61

    Dangdang Yu Yu Department Store Books


    Yu Yu, co founder and chairman of Dangdang network


    December 22nd, comprehensive foreign media coverage.

    Dangdang

    Co-founder and Chairman

    Yu Yu

    In an interview with the media, said that with the increase in the number of online sales of goods, the future is expected.

    General merchandise

    Sales revenue will exceed

    Book products

    But when to arrive at that time is still unpredictable.


    At present, media products including books and DVD account for about 84% of Dangdang's sales, and other products such as furniture, cosmetics, footwear and toys also bring some revenue.


    Yu Yu said Dangdang would focus on the huge market potential in China. "A huge market like a single language and a single customer group like China can hardly be seen in other places except in five and 60s.

    If we serve the mainland customers well, our business will develop for many years. "


    According to her, Dangdang attaches great importance to vertical B2C websites, such as shoes and bags, which are hardly involved in Dangdang.

    But Yu Yu said that there was no acquisition deal in the near future, and for a long time, it would not consider entering the overseas market.


    It is understood that the number of employees in Dangdang has increased from 2000 last year to about 3000 this year.

    Speaking of next year's recruitment plan, Yu Yu said that in 2011, it will maintain a certain recruitment scale, but the growth rate will be lower than this year.


    Dangdang, which only started making profits last year, was listed on the stock exchange of New York in December 8th and rose 87% on the first day of listing.

    Dangdang, which closed at $23.71 on Tuesday, has fallen by more than 27% compared with the highest level of $32.79 already listed. Investors are worried about the increasing pressure on China's e-commerce market.

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