Sequoia, Management Propose To Take Jumei Private

Jumei International Holding Limited, a Chinese beauty products e-commerce platform, says it has received a non-binding proposal letter from its senior management teams and Sequoia Capital China to take the company private, according to an announcement. Leo Ou Chen, Jumei's founder, chairman and chief executive, Yusen Dai, a director and co-founder of Jumei, as well […]

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Read the original article: China Money Network