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.

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. In a similar fashion, the chairman of a US-listed Chinese company decided, in the face of fierce investor attacks, to take to Weibo the Chinese equivalent of Twitter to address questions from the firm’s...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222