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Jowell Global Priced, Nasdaq: JWEL

Chinese direct sales company offering beauty and home goods under the Longrich brand.

Industry: Technology

Latest Trade: $1.10 0.00 (0.0%)

First Day Return: +24.4%

Return from IPO: -99.0%

Industry: Technology

We are one of the leading cosmetics, health and nutritional supplements and household products e-commerce platform in China. We offer our own brand products to customers and also sell and distribute health and nutritional supplements, cosmetic products and certain household products from other companies on our platform. In addition, we allow third parties to open their own stores on our platform for a service fee based upon sale revenues generated from their online stores and we provide them with our unique and valuable information about market needs, enabling them to better manage their sales effort, as well as an effective platform to promote their brands. We currently operate under four sales channels: Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants and Live streaming marketing. We have relationships with leading cosmetics, and health and nutritional supplements manufacturers and distributors in China, which allows us not only to have access to high-quality products to sell on our platform, but also to leverage such relationships to supply our own brand products. By connecting these suppliers/distributors with our online sales and offline authorized stores, we have created a system that brings convenience and cost savings to our customers.
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IPO Data
IPO File Date 11/23/2020
Offer Price $7.00
Price Range $7.00 - $7.00
Offer Shares (mm) 3.7
Deal Size ($mm) $26
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/16/2021
Offer Price $7.00
Price Range $7.00 - $7.00
Offer Shares (mm) 3.7
Deal Size ($mm) $26
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Network 1 Financial Securities
Company Data
Headquarters Shanghai, China
Founded 2012
Employees 78
Website www.1juhao.com

Jowell Global (JWEL) Performance