Jumei Revenue, Valuation, Funding & Investors

Jumei is valued at $3.3B as of May 2014, a 6.7x multiple on its last reported $483M revenue.

See full Jumei profile

Last Jumei valuation

$3.3B

Undisclosed stage · May 2014

Last Jumei funding round

$150M

Undisclosed stage · May 2014

Jumei revenue

$483M

Undisclosed stage · May 2014

Key investors in Jumei

  • General Atlantic

Jumei Overview

About Jumei

Jumei is a Beijing-headquartered e-commerce platform specializing in cosmetics and skincare from brands like Estee Lauder, Calvin Klein, Avon, and Elizabeth Arden. Founded in 2010, it serves nearly 20 million registered users in China with monthly sales exceeding 500 million yuan and investments from Sequoia Capital and Alibaba.


Founded

2009

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Revenue

$483M (May 2014)

Valuation

$3.3B (May 2014)

Jumei Valuation

Jumei is currently valued at $3.3B, based on its undisclosed-stage round in May 2014.

The $150M round was led by General Atlantic.

Jumei valuation by funding round

Jumei valuation by funding round
DateStageValuationRevenue Multiple
May 2014Undisclosed stage$3.3B6.7x

Jumei Revenue

Jumei's latest recorded revenue is $483M, as of its undisclosed-stage round in May 2014. At a $3.3B valuation, that implies a 6.7x revenue multiple.

Jumei revenue by funding round

Jumei revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
May 2014$483M$3.3B6.7xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Jumei Funding History

Jumei has raised a total of $150M across 1 funding round.

Jumei funding rounds

Jumei funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2014Undisclosed stageGeneral Atlantic (lead)$150M$3.3BJumei International Holding Limited is China's leading online retailer of beauty products, with a 22.1% market share by gross merchandise volume as of 2013. The company launched its jumei.com website in March 2010 and achieved rapid growth with minimal external funding of approximately $13 million from private equity investors before going public. In May 2014, Jumei completed its initial public offering on the NYSE under the ticker JMEI, pricing 11.14 million ADSs at $22.00 per share for gross proceeds of $245.08 million. The IPO valued the company at approximately $3.25 billion post-money. Concurrently with the IPO, General Atlantic Singapore Fund Pte. Ltd. agreed to purchase $150 million in Class A ordinary shares at the IPO price as part of a private placement subscription agreement executed on May 6, 2014. The company demonstrated strong operational cash flow, generating $84.8 million in net cash from operating activities in 2013, up from $27.4 million in 2012, with 89% of 2013 orders coming from repeat customers.

Who has invested in Jumei?

1 investor has backed Jumei across its funding rounds, including General Atlantic.

Lead investors include General Atlantic.


Jumei Investors

Investors in Jumei by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Jumei

Jumei has acquired 1 company to date.

Last acquisition by Jumei was on May 5th 2017. Jumei acquired AnkerBox for $70M.


Latest Acquisitions by Jumei

AnkerBox
Description
AnkerBox is a network of automated kiosks for renting portable phone chargers. Users access devices via a mobile app for scanning QR codes at stations in airports, malls, and train stations across Asia. Chargers feature 10,000mAh capacity with USB-C PD output up to 18W. Deployed since 2018, AnkerBox maintains over 1,000 stations in Japan and South Korea from its Tokyo headquarters.
HQ CountryUnited States
HQ City
Seattle, WA
Deal Date5 May 2017
Valuation$70M
EV/Revenue
EV/EBITDA

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Jumei Competitors

Jumei competitors include listed companies like Inchcape and Openlane, and private ones like Desigual, Harry's, Quince and Skims.

Public and private companies comparable to Jumei
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
DesigualSpainBarcelonaPrivate$952M$252M$3B3.1x
InchcapeUnited KingdomUnited KingdomPublicly listed$12B$867M$3.7B0.4x
Harry'sUnited StatesUnited StatesPrivate--$2.5B-
OpenlaneUnited StatesUnited StatesPublicly listed$1.9B$302M$4.2B2.2x
QuinceUnited StatesSan Francisco, CAPrivate$1B-$4.5B-
SkimsUnited StatesLos Angeles, CAPrivate$1B-$5B5.0x

Jumei Public Comps

Jumei is still privately-owned, but its public comps include Inchcape, Ocado Group, Openlane, Beijing United, Blibli, momo.com, Polibeli Group, ACV Auctions, Modivo and Xingyun Technology.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Inchcape$12B$867M0.4x0.4x5.4x5.0x
Ocado Group$1.9B$135M2.0x1.8x27.3x8.0x
Openlane$1.9B$302M2.4x2.2x15.2x12.2x
Beijing United$7.6B$373M0.3x0.2x5.9x5.5x
Blibli$1.3B($83M)1.9x1.6x(28.2x)(21.5x)
momo.com$3.4B$148M0.6x0.6x13.2x12.2x
Polibeli Group$26M($4M)76.5x-(495.5x)-
ACV Auctions$760M($19M)2.3x2.1x(89.6x)24.8x

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Common questions about Jumei

When was Jumei founded?Jumei was founded in 2009.
Where is Jumei headquartered?Jumei is headquartered in Beijing, China.
Is Jumei publicly listed?No, Jumei is a private, VC-backed company.
What is Jumei's valuation?Jumei was last valued at $3.3B in its undisclosed-stage round in May 2014.
How much funding has Jumei raised?Jumei has raised $150M across 1 funding round.
What was Jumei's last funding round?Jumei's last funding round was a $150M undisclosed-stage round in May 2014, led by General Atlantic.
Who are Jumei's investors?Jumei's investors include General Atlantic.
What is Jumei's revenue?Jumei's latest recorded revenue is $483M (May 2014).
What is Jumei's revenue multiple?Jumei's latest valuation implies a 6.7x revenue multiple ($3.3B valuation on $483M of revenue).
Which companies are comparable to Jumei?Companies comparable to Jumei include Desigual, Inchcape, Harry's, Openlane, Quince and Skims.
How many companies has Jumei acquired?Jumei has acquired 1 company, including AnkerBox.
What was the largest acquisition by Jumei?The $70M acquisition of AnkerBox in May 2017 is the largest acquisition Jumei has made to date.

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