New York IPO for E-Commerce Dangdang

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    E-Commerce China Dangdang (Dangdang) has launched its initial public offering on the New York Stock Exchange. It raised US$272 million through the issue…

    E-Commerce China Dangdang (Dangdang) has launched its initial public offering on the New York Stock Exchange. It raised US$272 million through the issue and sale of 17 million American depositary shares.

    The issuer is one of the leading business to consumer e-commerce companies in China.

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