E-Commerce China Dangdang (DANG) Misses Q3 EPS by 2c

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Dangdang Announces Unaudited Third Quarter 2015 Results

November 24, 2015 6:59 AM EST

BEIJING, Nov. 24, 2015 /PRNewswire/ -- E-Commerce China Dangdang Inc. ("Dangdang" or the "Company") (NYSE: DANG), a leading business-to-consumer e-commerce company in China, today announced its unaudited financial results for the third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Total net revenues for the third quarter of 2015 were RMB2,371.9 million ($373.2 million), a 22.6% increase from the corresponding period in 2014. Gross Merchandise Value ("GMV") from the marketplace in the third quarter of 2015 was RMB1,684.4 million ($265.0 million), a 3.4% decrease from the corresponding period in 2014. The... More