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Chinese online retailer Dangdang reports 22% sales growth in 2013
E-Commerce China Dangdang Inc., the operator of China's largest online bookstore, has reported revenue of 6,325.0 million yuan ($1,044.8 million) in 2013, a 21.8% increase from 5,193.8 million yuan in 2012.
Dangdang ranks No. 10 in Internet Retailer's newly published China 500.
Dangdang offers 990,000 book titles to Chinese online consumers and about 64% of its revenue comes from books and other media products. It also sells apparel and other merchandise. The Beijing-based retailer launched a Kindle-like e-book device three years ago and now sells some 140,000 e-book titles.
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Chinese online retailer Dangdang reports 22% sales growth in 2013
Internet Retailer