ROK Global PLC

  • WKN: A0YKFS
  • ISIN: GB00B4W19G74
  • Land: Großbritannien

Nachricht vom 24.04.2012 | 09:00

ROK Global PLC : ROK Global Partners With Xiu.com To Launch JP Selects in China


ROK Global PLC / Key word(s): Miscellaneous

24.04.2012 / 09:00


ROK Global Partners With Xiu.com To Launch JP Selects in China

Backed by USD $100 million,Xiu.com is China's biggest online luxury and fashion shopping portal

Ticker Symbol: RKG
WKN: A0YKFS

24th April 2012

ROK Global PLC, the mobile and web technologies, applications and services company, has announced a partnership with leading online luxury and fashion retailer, Xiu.com, to launch JP Selects, ROK's online retail company aimed at eco-conscious consumers, in China.

Xiu.com, backed by $100 million investment from KPCB and Warburg Pintus, is China's biggest online luxury and fashion shopping portal with a mission to 'Bring the Best of the World to China'. Xiu.com has 1,300 employees and offices and warehouses in Shenzhen, Beijing, Shanghai and Hong Kong.

Jonathan Kendrick, Chairman of ROK Global said 'JP Selects has amassed a unique and fast-growing portfolio of the best eco-friendly and sustainable brands and products into one portal which we market to the ethical consumer in the United States with ever-increasing success. Our partnership with Xiu.com is a fantastic opportunity to develop JP Selects into the rapidly growing online consumer market right across China.'

Internet penetration in China now reaches 28% of the population, with 187 million Chinese people shopping online in 2011. More than 360 million Chinese people are expected to become online shoppers by 2015.

Xiu.com itself has grown to a current total in excess of 2 million registered users generating 4 million online page views per day.

ROK Global, listed on the Open Market of the Frankfurt Stock Exchange, was co-founded by US Billionaire John Paul DeJoria, the co-founder of Paul Mitchell hair care systems and Patron Tequila, the world's biggest premium tequila brand, and UK serial technology entrepreneur, Jonathan Kendrick.

In addition to JP Selects, ROK has pioneered the development of several innovative mobile and web technologies including high quality Mobile TV which streams video over mass-market 2.5G GPRS as well as 3G and Wi-Fi, mobile-phone security and policing software which it licenses to law enforcement agencies, industrial technology products and cutting-edge multi-language text-to-speech technologies.


For more information, please visit:

www.rokglobal.com
www.xiu.xom
www.jpselects.com

Safe Harbor Statement: The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time.



End of Corporate News


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