JMEI News

Jumei International Holding Limited (NYSE:JMEI) shareholders should be happy to see the share price up 13% in the last...

If you're interested in Jumei International Holding Limited (NYSE:JMEI), then you might want to consider its beta (a...

The Company anticipates that the change in the ADS Ratio will be effective on or about January 10, 2020 (the “Effective Date”). For Jumei’s ADS holders, the change in the ADS Ratio will have the same effect as a one-for-ten reverse ADS split. On Effective Date, ADS holders of the Company will be required to surrender their old ADSs to the Company’s depositary bank, The Bank of New York Mellon (the “Depositary”), for cancellation of every ten (10) existing ADSs for one (1) new ADS.

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether Jumei International Holding Limited's (NYSE: JMEI) officers and directors breached their fiduciary duties or violated the federal securities laws in connection with the company's proposed sale to its controlling stockholder, Leo Ou Chen, through various affiliated entities.

Super ROI and its wholly owned subsidiary, Jumei Investment Holding Limited, have accepted for payment all Class A Ordinary Shares (including Class A Ordinary Shares represented by ADSs) that were validly tendered and not validly withdrawn prior to the expiration of the Offer at price of $2.00 in cash per Class A Ordinary Share, or $20.00 in cash per ADS, without interest and less $0.05 per ADS cancellation fees and other related fees and withholding taxes, in accordance with the terms and conditions of the Offer. Computershare Trust Company, N.A., the Tender Agent for the Offer, has advised that, as of immediately prior to the expiration of the Offer, a total of 40,344,690 Class A Ordinary Shares (including Class A Ordinary Shares represented by ADSs) of Jumei had been validly tendered and not validly withdrawn in the Offer (excluding Class A Ordinary Shares tendered pursuant to Notices of Guaranteed Delivery for which certificates or confirmations of book-entry transfer had not yet been received by the Tender Agent), representing approximately 63.7% of 63,304,836 outstanding Class A Ordinary Shares of Jumei.

Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]

As a result of the merger, the Company ceased to be a public traded company and became a wholly-owned subsidiary of Parent. As previously reported, pursuant to the Merger Agreement, Purchaser conducted a tender offer (the “Offer”) to purchase all outstanding class A ordinary shares, par value $0.00025 each, of the Company (“Class A Ordinary Shares”) and American depositary shares, each representing ten Class A Ordinary Shares (“ADSs”), at price of $2.00 in cash per Class A Ordinary Share or $20.00 in cash per ADS, without interest and less $0.05 per ADS cancellation fees and other related fees and withholding taxes, on and subject to the terms and conditions set forth in the Merger Agreement.

We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]

BEIJING, Feb. 25, 2020 -- Jumei International Holding Limited (NYSE: JMEI) (“Jumei” or the “Company”), a fashion and lifestyle solutions provider in China, today announced that.

BEIJING, Jan. 01, 2020 -- Jumei International Holding Limited (NYSE: JMEI) ("Jumei" or the "Company"), a fashion and lifestyle solutions provider in China, today announced that.

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BEIJING, Jan. 14, 2020 -- Jumei International Holding Limited (NYSE: JMEI) (“Jumei” or the “Company”), a fashion and lifestyle solutions provider in China, today announced that.

The Proposed Transaction, if completed, would result in the Company becoming a privately-held company owned by the Buyer Group, and the Company’s ADSs would be delisted from the New York Stock Exchange. A copy of the Proposal is attached hereto as Exhibit A.

BEIJING, Dec. 11, 2019 -- Jumei International Holding Limited (NYSE: JMEI) ("Jumei" or the "Company"), China's leading online retailer of beauty products, today announced that.