Sharing the charging treasure market huge Jumeiyou products to complete the acquisition of street power

On August 31, Jumei Youpin announced today that it has completed the acquisition of Shenzhen Street Power Technology. River InternaTIonal Holding, a wholly-owned subsidiary of Jumeiyou, will hold shares in Street Power Technology.

The market of shared charging treasure is huge. Jumei Youpin completed the acquisition of street power

Street Power Technology's shared charging treasure business, currently using a self-rental cabinet mode. The street heating technology will put its charging cabinets in cooperation such as shopping malls, cinemas, restaurants, etc., and the user can take away the QR code on the cabinet and use it to return it at other service outlets in the street. The user experience is similar to a "pile" shared bike.

Street power is an incubator project inside Anker (Haiyi), which is a North American mobile charging brand that produces smart digital peripheral products such as mobile power, chargers, Bluetooth peripherals, and data lines. At the end of March this year, Street Electric received a Class A round of financing, led by IDG Capital, Xinwangda Capital, and Haiyi shares.

Street Power official website shows that the street power headquarters is located in Shenzhen, and has been deployed in first- and second-tier cities such as Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Changsha, Wuhan, Nanchang, Xiamen, Hefei, etc., and has successfully accumulated millions of daily users. It is planned that by the end of 2017, the street power will cover 100 cities across the country, and the number of cabinets installed in the offline market will reach several hundred thousand.

In May of this year, Jumei Premium announced that it would acquire the equity of Shenzhen Charging Technology Co., Ltd., a shared charging treasure company, for RMB 300 million (cash). Chen Ou will be the chairman of Street Power, and Jumei Youpin will account for about 60% of the shares of Street Power Technology.

Chen Ou, founder and CEO of Jumeiyou, told the media that the shared charging treasure has a tens of billions of market. The reason why he chooses to invest in street lighting in the industry is because Jumei thinks that street lighting is the leading technology in the industry. The platform with the largest accumulation of hardware and the largest scale, the support of the original shareholders Haiyi and Xinwangda in the hardware and supply chain is an important reason for choosing street power. Jumeiyou has no investment in the project, and will continue to inject billions of funds in the next three months.

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