Dangdang is a well-known comprehensive online shopping mall, which is jointly invested by Cowen Company, American Tiger Fund, American IDG Group, Luxemburg Cambridge Group and Asian Venture Capital Fund (formerly Softbank China Venture Capital Fund).
Since the official opening of 1999+0 1 in June, Dangdang has expanded from selling books online to selling all kinds of department stores online, including books, audio and video, beauty cosmetics, home, mother and baby, clothing, 3C digital and other dozens of categories and millions of commodities.
In terms of logistics, Dangdang achieved "11all-day delivery" in 600 cities across the country, and achieved next-day delivery in more than 1200 districts and counties, covering 2700 districts and counties in terms of COD. Dangdang was officially listed on the new york Stock Exchange on 20 10, US time, becoming the first B2C online mall in China that was completely based on online business and listed in the United States.