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Secoo Special Committee Retains Financial Advisor and Legal Counsel


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Secoo Special Committee Retains Financial Advisor and Legal Counsel
Secoo Holding LimitedFebruary 9, 2021 GMT
BEIJING, Feb. 09, 2021 (GLOBE NEWSWIRE) Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO), ‎Asia’s leading online integrated upscale products and services platform, today announced that the special committee consisting of independent directors (the “Special Committee”) of the Company’s board of directors (the “Board”), formed to review and consider, among other things, the previously announced preliminary non-binding “going private” proposal (the “Proposal”) received by the Board on January 10, 2021, has retained Duff & Phelps, LLC as its financial advisor and Hogan Lovells as its legal counsel to assist it in its review and evaluation of the Proposal. ....

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Secoo Announces Receipt of Preliminary Non-Binding "Going Private" Proposal


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Secoo Announces Receipt of Preliminary Non-Binding “Going Private” Proposal
Secoo Holding LimitedJanuary 11, 2021 GMT
BEIJING, Jan. 11, 2021 (GLOBE NEWSWIRE) Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO), ‎Asia’s leading online integrated upscale products and services platform, today announced that its board of directors (the “Board”) has received a preliminary non-binding proposal letter, dated January 10, 2021, from Mr. Richard Rixue Li, founder, Chairman of the Board and Chief Executive Officer of the Company, proposing to acquire all of the outstanding class A ordinary shares of the Company, par value US$0.001 per share (the “Class A Shares”), not owned by him or his affiliates for US$3.27 per American depositary share (“ADS,” with every two ADSs representing one Class A Share), or US$6.54 per Class A Share in cash in a goi ....

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Secoo Reports Unaudited Third Quarter 2020 Results


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BEIJING, Dec. 28, 2020 (GLOBE NEWSWIRE) Secoo Holding Limited ( Secoo , the Company or We ) (NASDAQ:SECO), Asia s leading online integrated upscale products and services platform, today announced its unaudited financial results for the third quarter ended September 30, 2020.
Highlights for Third Quarter 2020:
GMV
1 reached RMB4,120.4 million (US$606.9 million) for Q3 2020, representing an increase of 12.5% from RMB3,661.0 million for Q3 2019.
Total number of orders
2 was 1,109.0 thousand for Q3 2020, representing an increase of 7.1% from 1,035.3 thousand for Q3 2019.
Number of active customers
3 increased by 7.5% to 518.7 thousand for Q3 2020 from 482.5 thousand for Q3 2019.
Total revenues was RMB1,373.5 million (US$202.3 million) for Q3 2020, compared with RMB1,941.6 million for Q3 2019. ....

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Secoo Holding Limited to Report Third Quarter 2020 Financial Results on Monday, December 28, 2020


Secoo Holding Limited to Report Third Quarter 2020 Financial Results on Monday, December 28, 2020
December 22, 2020 19:20 ET
| Source:
Secoo Holding Limited
Secoo Holding Limited
Beijing, CHINA
-Earnings Call Scheduled for 8:00 a.m. ET on December 28, 2020-
BEIJING, Dec. 22, 2020 (GLOBE NEWSWIRE) Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO), Asia s leading online integrated upscale products and services platform, today announced that it will report its third quarter 2020 unaudited financial results, on Monday, December 28, 2020, before the open of U.S. markets.
The Company s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on December 28, 2020 (9:00 PM Beijing/Hong Kong time on December 28, 2020). Details for the conference call are as follows: ....

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