General Atlantic to invest $150m in China's Jumei alongside IPO
General Atlantic has agreed to invest $150 million in Jumei International Holding, a Chinese online beauty products retailer that is seeking to raise up to $204 million through a US IPO.
Jumei's earlier filing - made prior to the agreement with General Atlantic - included a capital-raising target of $400 million. The company now plans to sell 9.5 million American Depository Shares (ADS)...
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