Jumei

Retail Asia17/09/2016

Chinese cross-border eCommerce has reached a turning point, says new research from Oliver Wyman. Spending online offshore by Mainland Chinese reached RMB 120 billion (US$17.963 billion) in 2015 according to iResearch, and is expected to grow more than 60 per cent, reaching 7 per cent of total Chinese eCommerce value by 2018. However, Oliver Wyman […]

Retail Asia02/12/2015

Jumei International, the Chinese online retailer of beauty products, has reported a sales increases of 99.9 per cent – but it still posted a quarterly operating loss. In the quarter to September 30, net revenue reached RMB1.9 billion (US$305.5 million). Total net GMV increased by 35.6 per cent to RMB2.3 billion (US$358.7 million), driven primarily […]

Retail Asia28/08/2015

Jumei, the Chinese online retailer, says its sales rose 99.5 per cent in the second quarter to June 30. The e-tailer achieved net revenues of US$308.1 million and its GMV rose by 30 per cent to $376 million as its customer base grew 28 per cent and orders by 58.2 per cent. But its gross […]

Retail Asia06/06/2015

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Chinese language on-line magnificence merchandise retailer Jumei Worldwide has purchased a minority stake in Korean magnificence model It’S Pores and skin. It’S Pores and skin is described as “a status Korean magnificence model that has turn into very fashionable amongst Chinese language shoppers”. Leo Ou Chen, founder and CEO of Jumei, stated the recognition of […]

Retail Asia26/05/2015

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Jumei Worldwide, the Chinese language on-line retailer of magnificence merchandise, has revealed a 61.eight per cent improve in first quarter gross sales to US$250.6 million. Gross merchandise quantity lept 20.three per cent because of a 14.three per cent improve within the variety of lively clients to five.6 million, and an 18.four per cent improve in […]

Retail Asia25/03/2015

Jumei International, the Chinese online retailer, says its 2014 net revenue increased by 31 per cent year-on-year to US$632.9 million. The increase reflects a change of focus away from its once core focus on own brand beauty products, to branded products and general merchandise categories and apparel. The total number of total orders increased 18.3 per […]

Tag: Jumei

Chinese cross-border eCommerce has peaked

Jumei doubles sales, but still in the red

Jumei sales double

Jumei buys into Korean cosmetics model

Jumei gross sales soar

Jumei online sales soar on new focus