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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 ....