Jumei International Holding Limited, a Chinese beauty products e-commerce platform, says it has received a non-binding proposal letter from its senior management teams and Sequoia Capital China to take the company private at a valuation of around US$1 billion, according to an announcement. Leo Ou Chen, Jumei's founder, chairman and chief executive, Yusen Dai, a […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.