Sequoia-Backed Chinese Retailer Jumei Files For $400M U.S. IPO

Beijing based online retailer Jumei plans to hold its IPO in the US. Wants to raise $100M but did not disclose which exchange it will list on. Holds 22.1% market share in China, had 10.5M customers in 2013 and made $483M in sales in 2013. Link

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s