Click to Skip Ad
Closing in...

China’s Sets IPO Terms

The country's largest online beauty retailer plans to raise $195 million.

JUMEI.COM SETS IPO TERMS: China’s largest online beauty retailer, which plans to raise $195 million, has set the price range for its shares at between $19.50 and $21.50 a share. The company, based in Beijing, plans to offer 9.5 million shares in its public offering. At the midpoint of its per share range, the company would have a market value of about $3 billion. plans to list on the New York Stock Exchange, and will trade under the symbol “JMEI.”

The e-tailer is expected to complete its IPO next week.

load comments


Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
blog comments powered by Disqus