2013-03-11
China's Dangdang.com Shifts From Online Book Sales As Net Losses Increase
Chinese B2C e-commerce website Dangdang.com published its financial report for the fourth quarter and the entire year of 2012, stating that its total operating revenue increased by 31% year-on-year to CNY1.6 billion in the fourth quarter of 2012; while it made net losses of CNY120 million during the same period. For the entire year of [...]