Group Buy Jumei to Open Offline Stores
Ebrun, 12/18/12
Chinese cosmetics vertical group buy site Jumei has announced that it will soon open its first flagship offline retail store in Beijing. Jumei will hold a 50%-off sale on the day of the store's opening to attract customers.
According to Jumei CEO Leo Chen, the company will work with a number of cosmetics brands in the coming year to open Jumei offline retail stores nation-wide. The company plans to launch a direct delivery service in the US in 2013.
Jumei online sales for the months of November were approximately RMB 300 mln.
Keywords: Leo Chen Internet retail Jumei group buying