Guoqing: When the loss in the service and price war very value
Source: Internet
Author: User
KeywordsPrice war Guoqing
"TechWeb Report" November 16 News, when the (micro-BO) net released in Wednesday 2011 fiscal year third quarter earnings, the results show that Dangdang's total revenue of 908.9 million yuan (about 142.5 million U.S. dollars), the year-on-year growth of 50%. The revenue from the department store business was 255 million yuan (40 million U.S. dollars), an increase of 162%. Net loss of 73.4 million yuan (about 11.5 million U.S. dollars), and the same period last year to achieve net profit of 32.7 million yuan. Dangdang CEO Guoqing (Weibo) said, "When the loss in service and price war, value!" Guoqing said that the three quarter loss of sales of about 8%, gross margin of about 16%, earn 2 flowers 3. Other electric dealers earn 2 and spend 4-8. Dangdang department store growth of 150%, book ahead. Loss in: Packaging to improve, a group of cities on the day up to 100 cities at the end of September Mobile POS service; books deal with price wars, clothing and baby-raising prices, and recruited apparel and digital teams. Guoqing said that Dangdang is China's only listed electric dealer, is China's only 1 years of profit history of the electricity business, is a multi-year victory over the multinational giants price war experience. "Loss in service and price war, value!" I thought Dangdang's IPO price was underestimated at the beginning of the year, and in the circumstances, yes. Under the new competitive environment, I firmly believe that Dangdang can win. "When the net Wednesday close to 5.56 U.S. dollars, the last session of the closing price rose 3.93%." Kexin)
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