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).
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.
