VC-backed China cosmetics retailer Jumei targets $400m IPO
Sequoia Capital investee Jumei International Holding, which claims to be China’s leading online retailer of beauty products, is seeking to raise up to $400 million through a NASDAQ IPO.
The size and pricing of the offering have yet to be decided. Sequoia holds an 18.7% stake in the company while K2 Partners, a private equity firm co-founded by Keyi Chen and China Renaissance Partners...
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