Dangdang
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Li Guoqing Recalls JD.com’s Early Book Venture: Liu Qiangdong Had Bigger Ambitions
The early 2010s in China witnessed a fierce e-commerce battle between JD.com and Dangdang for book market dominance. Driven by ambition and strategic price wars, led by Liu Qiangdong and Li Guoqing, JD.com ultimately prevailed, prioritizing market share over immediate profits. Recent interviews reveal the intensity of the rivalry and the emotional toll it took. The rivalry’s conclusion is symbolized by Li Guoqing’s use of JD.com for food delivery, signifying a decade-long competitive saga’s end.
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Late Answers from Two Peking University Alumni! Li Guoqing Confirms Marriage: Aiming for a Retake and Excellent Results
Dangdang founder Li Guoqing and Zhang Danhong will marry on August 16, 2025, marking a new chapter. The announcement follows Li’s divorce settlement. The wedding, themed “A Delayed Answer for Two Peking University Graduates,” will be held in Beijing. Guests are asked to donate to a Guizhou primary school, reflecting the couple’s philanthropic nature. Li, 61, appears to be embracing this new phase.
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Li Guofu Announces Divorce Settlement, Eyes AI Venture
Dangdang founder Li Guoqing announced the finalized dissolution of his marriage with Yu Yu, with asset division finalized. Li expressed gratitude and apologized for any disruption. He wishes Dangdang, now with Yu Yu at the helm, continued success. Li plans new ventures, including AI applications and philanthropic collaborations. The separation followed a long public conflict over management and financial disputes, starting with their 1999 co-founding of Dangdang.
