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Jumei Fights Back Against Smuggling Allegations
Published on: 2015-01-07
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alt Jumei International Holdings Ltd refuted in detail what it called "a rumor" on Tuesday, but analysts say the allegation has further clouded the growth prospects for the company.
 
Jumei's CEO Chen Ou fought back on Sina Weibo on Tuesday against allegations made in a statement, which was sent in a "surprising fashion" to hundreds of media professionals nationwide on Monday in several "slightly different versions."
 
The statement claimed that in September, customs authorities in Zhuhai in South China's Guangdong Province had found smuggled cosmetic goods worth 20 million CNY (3.22 million USD) that had been channeled to Jumei's logistic networks.
 
This resulted in Jumei's warehouse in Beijing being closed down and a senior executive named Ye Fei fleeing the country to Southeast Asia temporarily. The statement also alleged that these events were covered up and were not reported in the media.
 
The statement was written by an anonymous person who claimed to be a former employee in Jumei's overseas purchasing division.
 
Jumei said the "rumormongers" are trying to strike at its new agent service, launched in September 2014 to purchase cosmetics from overseas markets. 
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