Jumei International Holding Limited
聚美优品
Jumei International Holding Limited (聚美优品) was a Chinese e-commerce company specializing in cosmetics group-buying, founded in 2010 . The company was co-founded by Yusen Dai, who dropped out of Stanford in 2009 to start the business with Chen Ou . Dai was among the youngest co-founders when Jumei went public on the New York Stock Exchange in 2014 at age 27 . In the broader landscape of Chinese e-commerce, Jumei emerged as a notable player in the "tuangou" (group buying) wave alongside platforms like Groupon and Meituan, with the sector's winners determined by mastery of traffic and supply chain . Dai departed in 2017 to join ZhenFund as a managing partner, shifting his focus to early-stage investment .
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Coverage
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