Age, Biography and Wiki
Peggy Yu was born on 1965 in Chongqing, China, is a Co-founder and chairwoman, dangdang.com. Discover Peggy Yu's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is She in this year and how She spends money? Also learn how She earned most of networth at the age of 58 years old?
| Popular As |
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| Occupation |
Co-founder and chairwoman, dangdang.com |
| Age |
58 years old |
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N/A |
| Born |
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| Birthplace |
Chongqing, China |
| Nationality |
China |
We recommend you to check the complete list of Famous People born on .
She is a member of famous with the age 58 years old group.
Peggy Yu Height, Weight & Measurements
At 58 years old, Peggy Yu height not available right now. We will update Peggy Yu's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
Who Is Peggy Yu's Husband?
Her husband is Li Guoqing
| Family |
| Parents |
Not Available |
| Husband |
Li Guoqing |
| Sibling |
Not Available |
| Children |
Not Available |
Peggy Yu Net Worth
Her net worth has been growing significantly in 2022-2023. So, how much is Peggy Yu worth at the age of 58 years old? Peggy Yu’s income source is mostly from being a successful . She is from China. We have estimated
Peggy Yu's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
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Peggy Yu Social Network
Timeline
On July 9, 2015, almost five years after she took Dangdang public on NYSE, Peggy Yu proposed to buy out the company from shareholders at a valuation of $630 million. Peggy Yu's proposed valuation was less than half of Dangdang's IPO valuation. The proposed buyout price, $7.81 per ADS, by Peggy Yu and her husband Guoqing Li, was the lowest among all Chinese ADRs seeking to go private, even 20% lower than the company's prior 30 days average trading price, according to Bloomberg.
Yu is the chairwoman of Dangdang. The idea for the company came during her stay in the United States, during which time her favorite hobby after work was going to nearby bookstores. Yu had also paid careful attention to the establishment and development of Amazon.com since early 1995 when she was working on Wall Street. When she met her husband, she had the idea to start a similar online company in China. As the executive, Yu considers business issues from both an investor's and manager's perspective. Since the company's creation in 1999, Dangdang has expanded to become an online bookstore with over 6,000,000 books, as well as home goods, clothing, jewelry, cosmetics, DVDs, and movies.
Peggy Yu or Yu Yu (Chinese: 俞渝 ; pinyin: Yú Yú ; born 1965) is a Chinese businesswoman. She is the co-founder and chairwoman of dangdang.com, the largest online book retailer in China.
Yu Yu, known as Peggy, was born in Chongqing, China in 1965. She graduated from Beijing Foreign Studies University and then began working as an interpreter and secretary for a general manager of Babcock & Wilcox Beijing Company Ltd (B&WBC), one of the main boiler suppliers in the world. In 1987, she went to the United States to pursue her studies. In 1992, she earned an MBA from New York University, where she gave commencement speech on behalf of her classmates. Yu went to work on Wall Street, which she compared to a pressure cooker. Yu lived in the United States for ten years, during which time she accumulated the capital and experience necessary to become an entrepreneur. In 1996, she met Li Guoqing, a book publisher. They married after dating for three months. In 1999, the couple launched Dangdang, which has become the largest online bookstore in China.
