Oppenheimer, the investment bank, today issued a report to Nyse:dang the target share price to $15.
The following is a summary of the contents of the report:
In the quarter, when significant progress is made, especially in terms of inventory management and operational efficiency. The number of active users and the number of new users are at record highs. Orders from mobile platforms account for 13% of the total number of orders.
In addition, we are also optimistic when the strategic cooperation with competitors, such as the day trade and a store, which is conducive to strengthening the sales channels.
In the 2013 fiscal year, when revenues were 325.7 million U.S. dollars, it grew 25% per cent, up from Wall Street's expected $316.3 million trillion. Gross profit margin of 17.6%, an increase of 4.2%. Operating margins were 9.4%, compared with 0.4% a year earlier.
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