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Group Buy Firm Jumei Achieves Profitability

Tencent Tech, 3/08/13

Leo Chen, CEO of cosmetics vertical group buy site Jumei, said in a March 8 interview that Jumei achieved sales of RMB 2.5 bln in 2012, and predicts sales of RMB 6 bln to 10 bln for 2013. Read More

Jumei Records Over 2 Mln Registered Users

Business Times, 10/08/11

Leo Chen, CEO of Chinese cosmetics vertical group buy site Jumei, recently revealed that the company now has over 2 mln registered users, with over 400,000 active users daily. Read More