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Chinese online beauty products retailer Jumei International (JMEI) put on its best face Friday for its initial public offering, setting the stage for bigger Chinese e-commerce IPOs to come. Business-to-consumer sales via the Internet are growing about 70% annually in China, according to Bain & Co. E-commerce in the nation, the world’s most populous, is booming with the maturation of the Internet. China now has about 617.6 million Scalper1 News
Scalper1 News