Baozun hit by big-ticket buying slowdown

The e-commerce services company said its electronic product sales plunged 67% in the first quarter, while its appliance sales fell 36% Key Takeways: Baozun’s revenue declined 14% in the first…

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…

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.…