Jumei
Jumei is a group enterprise combining investment and incubation across e-commerce, the sharing economy, short-drama and film.
Jumei is a group enterprise combining investment and incubation across e-commerce, the sharing economy, short-drama and film.
Jumei International Holding Limited finalizes its going-private transaction, transitioning from public trading on the NYSE under the ticker **JMEI**. The move consolidates ownership under a single entity, removing the company from public market scrutiny. Jumei operates as a cross-border e-commerce platform specializing in baby and maternal products in China.
Apr 2020GlobeNewswireNews article
Jumei Investment Holding Limited agrees to acquire all outstanding American Depositary Shares (ADSs) of Jumei for **$20.00 per ADS** and Class A Ordinary Shares for **$2.00 per share** as part of a going-private transaction. The deal consolidates control under Jumei Investment Holding, removing public trading for Jumei’s shares. The transaction follows a definitive agreement outlining terms for the full acquisition.
Feb 2020GlobeNewswireNews article
Jumei International’s CEO Leo Ou Chen proposes acquiring all outstanding shares not already owned by him or affiliates for **$20 per American Depositary Share (ADS) in cash**. The company, a China-based fashion and lifestyle solutions provider, has received a **non-binding preliminary offer** to delist and transition to private ownership. The proposal follows Chen’s existing role as chairman, CEO, and acting CFO.
Jan 2020RTTNewsNews article
Jumei International Holdings announced a new share buyback program, causing its stock to rise. The company, an online beauty products retailer, did not disclose specific details about the buyback size or timeline. Investors reacted positively, pushing the stock up by 10.9% during trading.
May 2019The Motley FoolNews article