Is E-Commerce China Dangdang Inc (ADR) Done For?
For a long time, investors have referenced Dangdang as the "Amazon of China." That comparison, however, doesn't really capture all of the competitive factors at play in China, or Dangdang's place in the market. There really is a lot more to the company's story than a passing reference to the biggest e-tailer in America.
When the company came out with earnings last week, shareholders endured a precipitous fall in the value of their shares. The Motley Fool's Brian Stoffel--a shareholder of Dangdang himself--explains the three big reasons the company's stock fell so much, and whether or not it's caused him to reconsider holdings shares.
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The article Is E-Commerce China Dangdang Inc (ADR) Done For? originally appeared on Fool.com.Brian Stoffel owns shares of Amazon.com and E-Commerce China Dangdang.. The Motley Fool recommends Amazon.com. The Motley Fool owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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