Chinese online retailer of beauty products, Jumei International Holding Limited, completed its acquisition of equity interest in Shenzhen Jiedian Technology Co., Ltd. Now equity interest is held by River International Holding Limited, the British Virgin Islands-incorporated company, which is wholly-owned subsidiary of Jumei Inernational Holding Limited.
Jiedian Technology is working in the portable power bank sharing business. It facilitates master power charging boxes in highly frequented points of interest. Also, the company has
got an app for users to locate nearby power boxes where they can rent a portable power bank. Jiedian has deployed its power boxes in more than twenty major cities.
