Jumei Poised to Raise US$400 Million in American IPO
    2014-05-17 14:20:51     CRIENGLISH.com      Web Editor: Min
Chinese beauty and skincare products website Jumei International is set to raise 400 million US dollars in an initial public offering on the New York Stock Exchange later today.

 

Chinese beauty and skincare products website Jumei International is set to raise 400 million US dollars in an initial public offering on the New York Stock Exchange later today.

Jumei, which sells cosmetics and skin care products, is among a number of Chinese e-commerce sites to list in the US, including Hangzhou-based Alibaba Group and Beijing-based JD.com.

China's biggest e-commerce company Alibaba Group, earlier this month filed what could become the largest IPO in the United States as it rides the booming online shopping trend.

China's second-biggest e-commerce site, JD.com, plans to raise up to 1.5 billion dollars in the US.

Share

               


CRIENGLISH.com claims the copyright of all material and information produced originally by our staff. No person, organization and/or company shall reproduce, disseminate or broadcast the content in any manner whatsoever without the express written permission of CRIENGLISH.com.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by CRI.

 
Audio Reports more »
Biz Life more »
Policy more »
Markets more »

News
China
World
Politics
Business
Sports
Showbiz
Sci-tech
Photo
Recommended
China
World
Sports
Showbiz
Travel
Video
C4
The Sound Stage
Showbiz
Travel
China Revealed
My Chinese Life
Travel
Destinations
Photo Gallery
Recommended
Learn Chinese
"In" Chinese
Chatting in Chinese
Pop Culture
Traditional Culture
Living Chinese
Chinese Studio
Chinese Class
Learn English
Special English
Pop Chart
Everyday English
Fabulous Snaps
CRI News
China.org.cn  | Xinhua  | People's Daily Online   |  CNTV.cn  | China Daily  |  Global Times  | China Job  |  China Tibet Online  | Taiwan.cn  | eBeijing  | Beijing Today  | China-Eurasia Expo  | APEC Yiwu Conference  | Chinese Embassy in S.Africa  | Chinese Embassy in Australia  | Chinese Embassy in NZ