BEIJING, April 20, 2015 /PRNewswire/ -- Jumei International Holding Limited (NYSE: JMEI) ("Jumei" or the "Company"), China's leading online retailer of beauty products, hosted Mr. Dejiang Zhang, Chairman of the Standing Committee of the National People's Congress and Communist Party of China Politburo Standing Committee member, on a site visit to Jumei Global's government bonded warehouse in Zhengzhou, Henan Province on April 13, 2015.
Mr. Zhang toured the warehouse and met with senior management. Located in Zhengzhou, one of China's cross border e-commerce pilot cities, the government bonded warehouse is managed by Jumei and began operations in 2014.
According to Xinhua News Agency, People's Daily and China Central Television, Zhengzhou has become China's largest hub for cross border ecommerce with a total of over 5 million packages shipped during the first quarter of 2015, a significant increase from the less than 500,000 packages shipped during the entire year 2014. Jumei's bonded warehouse accounted for over 90% of the packages shipped during the first quarter of 2015.
Jumei Global is the largest cross-border ecommerce platform in China.
About Jumei International Holding Limited
Jumei (NYSE: JMEI) is China's No. 1 online retailer of beauty products as measured by gross merchandise volume, with a market share of 22.1% in 2013, according to a commissioned research report by Frost & Sullivan. Jumei's internet platform is a trusted destination for consumers to discover and purchase branded beauty products, fashionable apparel and other lifestyle products through the Company's jumei.com website and mobile application. Leveraging its deep understanding of customer needs and preferences, as well as its strong merchandizing capabilities, Jumei has adopted multiple effective sales formats to encourage product purchases on its platform, including curated sales, online shopping mall and flash sales.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Jumei's strategic and operational plans, contain forward-looking statements. Jumei may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Jumei's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, results of operations and financial condition; the expected growth of the Company's curated sales, online shopping mall and flash sales in China; the expected growth of Jumei Global, the Company's ability to attract and retain new customers and to increase revenues generated from repeat customers; its ability to obtain the authorization of more exclusive products; its expectations regarding demand for and market acceptance of its products and services; trends and competition in China's online retailers of beauty products; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Jumei's filings with the SEC, including its registration statement on Form F-1, as amended. All information provided in this press release and in the attachments is as of the date of this press release, and Jumei does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
Jumei International Holding Limited
Mr. Sterling Song
Investor Relations Director
E-mail: [email protected]
Mr. Christian Arnell
Phone: +86-10- 5900-1548
E-mail: [email protected]
Ms. Linda Bergkamp
Email: [email protected]
SOURCE Jumei International Holding Limited