Tech Company Financing Transactions
Dang Dang Funding Round
Dang Dang, based in Beijing, secured $27 million in investment from DCM Ventures and WRV Capital.
Transaction Overview
Company Name
Announced On
7/6/2006
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series C
Investors
DCM Ventures (Lead Investor) (Ruby Lu)
Proceeds Purpose
The company said the new capital will be used to strengthen sales and marketing efforts in new and existing merchandise categories.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
4/F, Tower C, The 5th Square No. 7, Chaoyangmen North Avenue
Beijing, 100010
China
Beijing, 100010
China
Phone
Website
Email Address
Not Recorded
Overview
Dangdang initially focused on selling books online and became a well-known book retailer in China in terms of both revenues and selection.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Peggy Yu Yu
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