Jumei International Holding Limited authorizes a Buyback Plan.

Jumei International Holding Limited is a China-based fashion and lifestyle solutions provider with a diversified portfolio of products. The Company operates its business through three segments. The Curated Sales segment is engaged in the sales of branded beauty products, baby, children and maternity products, light luxury products and health supplements. The Company's Jumei Global sales channel is part of its curated sales format. Jumei Global offers branded beauty products, baby, children and maternity products, light luxury products and health supplements from South Korea, Japan, Taiwan, the United States and European countries. The Online Shopping Mall segment is engaged in the sales of branded beauty products. The Flash Sales segment is engaged in the sales of branded apparel and other lifestyle products. The Company also offers exclusive products, including products under its private label brands.