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Jumei International prices upsized IPO at $22, above the range

May 16, 2014

Jumei International Holding, which is China's largest online beauty products retailer, raised $245 million by offering 11.14 million shares at $22, above the $19.50 to $21.50 range. Jumei International Holding plans to list on the NYSE under the symbol JMEI. Goldman Sachs (Asia), Credit Suisse, J.P. Morgan and China Renaissance acted as joint bookrunners on the deal.