Amidst a shuffle of blog posts and news reports in China, rumors are forming that Chinese e-commerce company Dangdang.com is planning an initial public offering on Nasdaq sometime in the next few weeks.
Chinese Internet shopping website Dangdang.com, which focuses on the sale of books, has confirmed that Conor Yang, former chief financial officer of AirMedia Group, has joined the company as chief financial officer, preparing for the initial public offering of Dangdang.com.