Macquarie Upgrades Jumei International (JMEI) to Outperform
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Jumei Reports Unaudited First Quarter 2015 Financial Results
May 21, 2015 4:05 PM EDTBEIJING, May 21, 2015 /PRNewswire/ -- Jumei International Holding Limited (NYSE: JMEI) ("Jumei" or the "Company"), China's leading online retailer of beauty products, today announced its unaudited financial results for the first quarter ended March 31, 2015. The Company will host a conference call to discuss the results at 8:30 AM U.S. Eastern Daylight Time on May 22, 2015 (8:30 PM China time on the same day).
First Quarter 2015 Highlights
Net revenues increased by 61.8% year-over-year to US$250.6 million. Total net GMV [1] increased by 20.3% year-over-year to US$326.5 million, primarily due to... More