
Jumei Youpin Receives Offer to Go Private
Chinese e-commerce company Jumei Youpin received a privatization offer from the buyer group represented by Chen Ou, Chairman, CEO and CFO of Jumei International on January 11.
1/13/20202 min read
Showing 4 of 4 posts with this tag
Chinese e-commerce company Jumei Youpin received a privatization offer from the buyer group represented by Chen Ou, Chairman, CEO and CFO of Jumei International on January 11.
As a result of the merger, the company ceased to be a publicly traded company and became a wholly-owned subsidiary of parent.
The leaders of FlashEx, Guazi.com and Jumei were summoned by the Beijing Communications Administration to discuss their regulatory breaches, and were issued written notifications to rectify and reform within a set time.
Chinese online retailer Jumei announced on Feb. 25 that it has accepted a merger deal with Super ROI Global Holding Limited (Parent) and Jumei Investment Holding Limited (Purchaser).