FAST NEWS: Baozun shares tumble as quarterly revenue declines
The latest: E-commerce software as a service (SaaS) provider Baozun Inc. (BZUN.US; 9991.HK) said its revenue fell 19.5% year-on-year in last year’s fourth quarter to 2.55 billion yuan ($370 million), while its…
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FAST NEWS: Baozun Completes Acquisition of Gap China
The latest: Baozun Inc. (BZUN.US; 9991.HK) said on Wednesday it completed its previously announced plan to acquire Gap Shanghai, a subsidiary of U.S. clothing giant Gap Inc. (GPS.US), on Jan.…
Weimob to Raise $205 Million in Campaign to Jumpstart Growth
The provider of e-commerce software tools is the latest Hong Kong-listed company selling new shares to seize on strong market sentiment towards Chinese stocksKey Takeaways:Weimob plans to raise HK$1.6 billion…
Baozun Emerges from E-Commerce Shadows with Gap China Purchase
The provider of e-commerce tools with close ties to Alibaba hopes its acquisition of the U.S. retailing giant’s China operations can revive its stalling growthKey Takeaways:Baozun’s newly purchased Gap Greater…
FAST NEWS: Baozun’s Profit Plunges as Alibaba Reliance Eases
The latest: E-commerce software as a service (SaaS) provider Baozun Inc. (BZUN.US; 9991.HK) said its revenue fell 1.8% year-on-year in the first quarter to 1.98 billion yuan ($294 million), while its…
Private Equity Bets iClick Can Shine Brighter Outside Stock Market Spotlight
Bid by PAG and Oasis Management carries a 20% premium and values the Hong Kong-based provider of digital marketing tools at $640 million Key takeaways: Private equity bid for iClick…
After Heady Start to 2021, Weimob and Baozun Fall Out of Investor Favor
E-commerce software giants’ stocks plunge after Credit Suisse gives both the cold shoulder and broader market sentiment sours Key Takeaways: Weimob, Baozun shares have been battered by factors unrelated to…