Jumei tussle turns investors' eyes to Weibo

No makeup product can cover declining investor confidence in China’s largest online cosmetics retailer. A recent buying spree and lack of transparency anger investors most.

Jumei tussle turns investors' eyes to Weibo

China's MA spree suggests the country's corporate executives fancy themselves, like US President Donald Trump, as experts in the 'Art of the Deal'. But a high-profile spat involving a fallen giant of the Chinese e-commerce scene suggests the country's business leaders are picking up tips from the Twitter-loving Commander in Chief on investor communication, as well.

Instead of taking comments to White House press briefings, Trump loves announcing policies on social media....

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES