Only products will invest in Lok Bee Network and become the largest shareholder

February 14 Morning News, Lok Bee Net founder Li today issued an internal mail said that today Le Bee NET will introduce the investment of the only products, while Li in the Mail stressed that this is a strategic investment, rather than outside guessing the Lok Bee Network was sold or bought.

Sina technology this morning through a variety of channels learned that the only products will invest in Lok Bee Network and become its largest shareholder.

Only products will be established in December 2008 by Shenya and Hong Xiaobo jointly founded. 2012 in the United States listed on the NYSE, the price of 6.5 U.S. dollars, the closing price of 5.5 U.S. dollars, below the offer price. The following year, only the stock price soared, from the beginning of 2013 16 U.S. dollars soaring 5 times times, a breakthrough of 100 U.S. dollars, the market value of more than 6 billion U.S. dollars.

According to the results of the third quarter of 2013, the total net revenue was $383.7 million, up 146.1% from a year earlier, with a net profit of $12 million and a net loss of $1.5 million over the same period last year.

Le Bee Network was founded by the host Li in 2008, its parent company Oriental Popular Group in April 2012 announced the acquisition of Sequoia Capital of a round of investment, as well as CICC and the broadband Fund B round 40 million U.S. dollars investment. Founder Li in the television media circle influential, currently has "super visit", "beautiful Woman" and many other programs broadcast.

Li said that the future two Web site resources can be further integrated for female fashion online shopping to provide more quality choices, at the same time, with the Lok bee nets and only products will be two platforms as the backing, star talent brand will be greater and better development. (Yangzi)

The following Li messages are full text:

My fellow men,

Today is a very special day, it is not only the Chinese Traditional Lantern Festival/western Valentine's Day "two-day", but also happy bee Net Peach Blossom Festival began to warm up the day. Here, I would like to announce a good news: Today, the Lok Bee network introduced a strong strategic investors-only product.

The "marriage" of two websites will have a huge impact on our company and even the whole industry. This is a strategic investment, not an external guess that the Lok Bee Net is sold or bought On the one hand, two of web site resources can be further integrated for women's fashion online shopping to provide more quality choices; On the other hand, with the Lok bee nets and only products will be two of China's strongest platform as backing, the star talent brand will be greater and better development! We must grasp the opportunity of cosmetics Internet, give full play to the synergy effect of the group, enhance the overall innovation ability, and create a broader development and imagination space. In the future, I hope we can become "hundreds of millions of Chinese women the preferred quality of life entrance."

Thank you very much for this excellent team! In the past few years, we fought hard and made so many proud achievements. The journey of the future is still arduous, there will be more battles to fight, but on the way we have a new partner to fight with us, we believe that the addition of a stronger support for the strength of each of the musicians to adhere to the ideals of struggle, will be faster and better to achieve. I as the founder of the Lok Bee Network, today, tomorrow will choose to be with all of you together, to create and witness the future!

Wish you all a happy family! Happy Lantern Festival!

Shang Bee Peach Blossom Festival is winning this year!

Li