Dallas, Texas 11/18/2013 (Financialstrend) – In Friday’s trading session, E Commerce China Dangdang Inc (ADR) (NYSE:DANG) rose by 10.23%. The shares opened at a price of $9.60, which touched the intraday high of $10.37 and headed to a close of $10.34. Around 6.13 million exchanged hands over the trading day and an average volume of 3.11million shares were traded over a 30 day period. The 52-week low of E Commerce China Dangdang Inc (ADR) (NYSE:DANG) shares is $3.70 and its 52-week high is $12.19. The company has a market capitalization of $1.339 billion.
About the company
E Commerce China Dangdang Inc (ADR) (NYSE:DANG) was incorporated on 7 January 2000. it is a holding-company. it is a business-to-consumer, e-commerce Company in China. As of 30 September 2010, E Commerce China Dangdang Inc (ADR) (NYSE:DANG) offered around 590,000 book-titles on its official Website. This included over 570,000 Chinese-language titles. The company also offers other media-products & selected general-merchandise categories on the site. This includes beauty & personal-care products, home & lifestyle products & baby, children & maternity-products. In 2009 July, the company launched its dangdang.com marketplace-program. this allows 3rd-party merchants to sell the general-merchandise products along its products.
In the year that ended 31 December 2009, E Commerce China Dangdang Inc (ADR) (NYSE:DANG) had 6 million active customers. On the dangdang.com Website, the company sells books & other media-products & general merchandise that it sources from publishers & manufacturers as well as distributors in China. Its company Website provides its users with useful-information on the products that are on sale, like a description of its product and the images of the product. It also offers dangdang.com Special Sale, Best Sellers, Also Buy, Online Reading and Also View Browsing History The dangdang.com’s Best Sellers allows the users to view all most-purchased items in the past.
