UPDATE 1-China's Xinhua Media eyes stake in online bookstore

(Reuters) - SHANGHAI, July 16 - Shanghai Xinhua Media Co.
is in early talks to buy into Dangdang.com, a Chinese
online bookstore that media have said is planning a Nasdaq
listing, two sources close to the situation said on Monday.




Dangdang.com, partly held by a group of global investors,
including Doll Capital, Walden International and IDG Ventures,
has entered talks with Xinhua Media, which approached the online
bookstore about a month ago, the sources told Reuters.


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