李国庆官宣离婚案终结 曾豪掷4000万与京东打价格战

Core Insights - Li Guoqing, the founder of Dangdang, announced a final settlement regarding property division with his ex-wife Yu Yu, marking the end of their long-standing divorce battle and indicating a shift towards focusing on AI applications [2][6] Company History - Li Guoqing and Yu Yu founded Dangdang in November 1999 after meeting in the U.S. in 1996, and the company became a significant player in China's e-commerce sector [2] - Dangdang went public on the New York Stock Exchange on December 8, 2010, with an IPO price of $16, opening at $24.5, and closing at $29.91, achieving a market capitalization of over $2.3 billion [2] Market Challenges - The company faced intense competition from giants like JD.com and Tmall, leading to a price war initiated by Li Guoqing on the day of the IPO, which escalated into a broader industry price war involving multiple platforms [3][4] - Despite initial success, Dangdang's market value stagnated due to missed investment opportunities and internal management conflicts between Li Guoqing and Yu Yu [4] Privatization and Management Conflict - Dangdang was privatized in September 2016, with a buyout price of $6.70 per American Depositary Share, allowing the company to focus on domestic market opportunities [5] - A public feud between Li Guoqing and Yu Yu began in late 2018, culminating in a series of legal disputes and public accusations, including Li Guoqing's dramatic takeover attempt in 2020 [5][6] Recent Developments - As of June 2023, Li Guoqing confirmed the completion of their divorce and the resolution of property division, with Yu Yu retaining 64.2% of Dangdang's shares and Li Guoqing holding 27.51% [6]