Jumei premium products rose rapidly in front of the US stock market on Tuesday, once rising more than 18%, after the company announced the repurchase of US $100 million shares. It is reported that Jumei premium products is expected to repurchase with existing funds and implement the repurchase plan in the next 12 months. So, is it true that Jumei repurchases 100 million shares? Jumei is making big moves again! Are you looking forward to it?
In 2014, Jumei premium products were listed in the United States after Chen Ou's four-year efforts. At that time, the IPO price was $22. However, as of May 27, 2019, the share price of the company was only $2.3 \ \ \ / share, and the current market value is $273 million.
According to the financial report, the operating revenue of Jumei premium products in 2018 was 4.288 billion yuan, a year-on-year decrease of 26.3%, and the net profit was 117 million yuan.
The competition in the e-commerce market is fierce, and the market share of Jumei premium products is decreasing year by year. According to the data of quarterly monitoring report on China's online retail B2C market in the fourth quarter of 2018 released by Analysys Analysys, the market share of Jumei premium products is only 0.1%.
The financial report shows that from 2016 to 2018, the number of active customers of Jumei premium products were 15.4 million, 15.1 million and 10.7 million respectively; The number of new customers is 9 million, 8.9 million and 6.1 million respectively; In terms of e-commerce business, the total orders from 2016 to 2018 were 61.5 million, 63.5 million and 38 million respectively.