DGAP-News: ROK Global PLC : ROK Global Co-Founders Meet With Xiu.com Founder To Confirm Launch Date For JP Selects in China
(businesspress24) - DGAP-News: ROK Global PLC / Key word(s): Miscellaneous
ROK Global PLC : ROK Global Co-Founders Meet With Xiu.com Founder To
Confirm Launch Date For JP Selects in China
01.06.2012 / 10:59
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ROK Global Co-Founders Meet With Xiu.com Founder To Confirm Launch Date For
JP Selects in China
Backed by USD $100 million investment, Xiu.com, China's biggest online
luxury and fashion shopping portal, will launch JP Selects in China on June
28th
Ticker Symbol: RKG
WKN: A0YKFS
1st June 2012
ROK Global PLC, the technologies, applications and services company, has
announced its co-founders, John Paul DeJoria and Jonathan Kendrick along
with Paolo Fidanza, the CEO of JP Selects, met with G. Jiwenhong, CEO and
Founder of Xiu.com in Shenzen, China, on the 26th of May to cement the
relationship between the companies and to confirm the JP Selects branded
portal on Xiu.com, aimed at eco-conscious consumers, will launch on the
28th of June.
JP Selects is believed to be the world's fastest-growing members-only
online platform to promote the best eco-friendly and sustainable products,
brands and companies through flash sales, an online marketplace and
distribution partnerships.
Xiu.com, backed by $100 million investment from KPCB and Warburg Pincus, 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 and has
grown to a current total in excess of 2 million registered users generating
4 million online page views per day.
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.
Commenting, Jonathan Kendrick, Chairman of ROK Global said 'JP Selects has
amassed a unique and fast-growing portfolio of more than 3,000 of the best
eco-friendly and sustainable brands and products which we market to the
more ethical consumers 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
and we all look forward to the launch of the JP Selects portal later this
month.'
ROK recently announced the acquisition of rival eco-conscious online portal
LovingEco and product distribution agreements with leading 'Daily Deal'
operators Groupon and Saveology.
In addition to JP Selects, ROK has pioneered the development of several
highly innovative products and services 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
Photos will be distributed by mecom-bildkanal and available at
http://newsfeed2.equitystory.com/rokglobal/172500.html
Caption: G Jiwenhong of Xiu.com and John Paul DeJoria of ROK Global
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01.06.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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172500 01.06.2012
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Datum: 01.06.2012 - 04:59 Uhr
Sprache: Deutsch
News-ID 650762
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