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2015 Press Releases

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10/02/15Wowo Limited Announces Management Change
BEIJING, Oct. 2, 2015 (GLOBE NEWSWIRE) -- Wowo Limited (the "Company" or "JM WOWO") (NASDAQ:WOWO), a leading online e-commerce platform that provides supply chain services in the catering industry in China, today announced that Mr. Jianguang Wu has tendered his resignation as the Co-Chief Executive Officer of the Company, effective on September 30, 2015. Mr. Wu's resignation was due to personal reasons and not the result of any disagreement with the Company. Mr. Wu will continue to act as the di... 
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09/08/15JM WOWO Divests Group Buying and Non-Foodservice-Related Businesses
To Streamline Business Operations to Concentrate on Foodservice Internet Platform BEIJING, China, Sept. 8, 2015 (GLOBE NEWSWIRE) -- Wowo Limited (the "Company" or "JM WOWO") (NASDAQ:WOWO), a leading online e-commerce platform that provides services in the foodservice industry serving foodservice merchants and consumers in China, today announced that the Company decided to divest its group buying and other non-foodservice-related businesses in an effort to build one of China's largest internet f... 
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08/21/15JM WOWO Announces Resignation of Director
BEIJING, Aug. 21, 2015 (GLOBE NEWSWIRE) -- WoWo Limited (the "Company" or "JM WOWO") (NASDAQ:WOWO), a leading online e-commerce platform that provides integrated B2B2C services in the foodservice industry serving foodservice merchants and consumers in China, today announced that Mr. Xiaoyi Niu has tendered his resignation as a director of the Company, effective August 20, 2015, due to personal reasons. Mr. Maodong Xu, Co-Chairperson of JM WOWO, stated, "It has been a great pleasure working w... 
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06/29/15WoWo Limited Reports Financial Results for the First Quarter of 2015
BEIJING, June 29, 2015 (GLOBE NEWSWIRE) -- WoWo Limited (the "Company" or "JM WOWO") (Nasdaq:WOWO), a leading online e-commerce platform that provides integrated B2B2C services in the foodservice industry in China, today announced its financial results for the first quarter of 2015. First Quarter 2015 Financial Highlights Net revenues in the first quarter of 2015 were $7.6 million, an increase of 38.0% from $5.5 million in the same quarter of 2014. Net revenues from storefront fees i... 
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06/19/15Wowo Limited to Report First Quarter 2015 Financial Results
BEIJING, June 19, 2015 (GLOBE NEWSWIRE) -- Wowo Limited (the "Company" or "JM WOWO") (Nasdaq:WOWO), a leading online e-commerce platform that provides integrated B2B2C services in the foodservice industry serving foodservice merchants and consumers in China, today announced that the Company plans to release first quarter 2015 financial results on Monday, June 29, 2015 before the market opens. The Company's management will hold a conference call at 8:30 a.m. ET on Tuesday, June 30, 2015, whic... 
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06/17/15JM WOWO Announces the Appointment of Four Directors to Company's Board of Directors With the Closing of the Transaction With JMU
BEIJING, June 17, 2015 (GLOBE NEWSWIRE) -- WoWo Ltd. (the "Company" or "JM WOWO") (Nasdaq:WOWO), a leading online e-commerce platform that provides integrated B2B2C services in the foodservice industry serving foodservice merchants and consumers in China, today announced that Ms. HuiminWang, Ms. Xiaoxia Zhu, Mr. Feng Pan and Ms. Liyun Cao have been appointed to serve as directors on the Company's board of directors, effective June 8, 2015, the date the Company's acquisition (the "Transaction") o... 
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06/05/15WoWo and JMU Agree to Merge, Creating the Largest Foodservice Internet Company in China
Combination Brings Together the Best of Both Companies to Become the Fully Integrated B2B2C Internet Company Serving Food Service Industry The Shareholders of WoWo and JMU Will Each Hold 50% Stake in the Merged Company, Creating Significant Industry Synergies BEIJING, June 5, 2015 /PRNewswire/ -- WoWo Ltd. ("WoWo" or the "Company") (WOWO), a leading e-commerce platform serving local lifestyle services merchants and consumers in China, today announced that the Company has entered into a d... 
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05/13/15WoWo Limited Reports Financial Results for the Fourth Quarter and Fiscal Year 2014
BEIJING, May 13, 2015 (GLOBE NEWSWIRE) -- WoWo Limited ("WoWo" or the "Company") (Nasdaq:WOWO), a leading e-commerce platform serving local lifestyle services merchants and consumers in China, today announced its financial results for the fourth quarter and fiscal year 2014. Fourth Quarter 2014 Financial Highlights Net revenues in the fourth quarter of 2014 were $9.4 million, an increase of 9.4% from $8.6 million in the same quarter of 2013. Net revenues from storefront fees in the f... 
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05/04/15WoWo Ltd. to Report Fourth Quarter and Fiscal Year 2014 Financial Results
BEIJING, May 4, 2015 (GLOBE NEWSWIRE) -- WoWo Ltd. ("WoWo" or the "Company") (Nasdaq:WOWO), a leading e-commerce platform serving local lifestyle services merchants and consumers in China, today announced that the Company plans to release fourth quarter and fiscal year 2014 financial results on Wednesday, May 13, 2015 after the market closes. The Company's management will hold a conference call at 8:30 a.m. ET on Thursday, May 14, 2015, which is 8:30 p.m. Beijing Time on May 14, 2015, to dis... 
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04/10/15WOWO Becoming China's First O2O IPO Following Its Successful Initial Public Offering on NASDAQ
BEIJING, April 10, 2015 /PRNewswire/ -- China's leading local services e-commerce platform www.55.com (hereafter referred to as "WOWO" or "the company") (the former 55tuan.com), April 8 US time, listed on the NASDAQ stock exchange under the ticker symbol "WOWO" at a price of $10 per share.  The initial public offering reached 4 million American depository shares, with each share equal to 18 shares of the company's common stock, raising $40 million in financing. At the same time, the company chos... 
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04/08/15WoWo Ltd. Announces Pricing of Initial Public Offering
BEIJING, April 8, 2015 (GLOBE NEWSWIRE) -- WoWo Ltd. ("WoWo" or the "Company") (Nasdaq:WOWO), a leading e-commerce platform serving local lifestyle services merchants and consumers in China, today announced that its initial public offering of 4,000,000 American depositary shares ("ADSs"), each representing 18 ordinary shares of the Company, was priced at $10 per ADS. The ADSs are expected to begin trading on the NASDAQ Global Market today under the ticker symbol "WOWO." In addition, WoWo gra... 
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