It was once feted as the Amazon of China. But these days faded e-commerce specialist Dangdang Inc. looks more like a bad season from the popular U.S. series “Divorce Court.”
In the latest episode of the ongoing fight for control of the company, co-founder Li Guoqing was detained by police in Beijing’s Chaoyang district for questioning on Tuesday. His estranged and possibly former wife Peggy Yu — no one is sure if their divorce has been completed — was spotted by Caixin at the station later that day with several other Dangdang employees presenting various documents and giving their account of events.