FAST NEWS: Chicmax’s profit skyrockets on growth of Kans brand
The Latest: Skincare products maker Shanghai Chicmax Cosmetic Co. Ltd. (2145.HK) reported Thursday its net profit surged more than three times to 412 million yuan ($58 million) in the first half of…
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…
Alibaba Logs Slowest Revenue Growth But Investors See Bright Side
Alibaba shares jumped even after it reported the slowest quarterly revenue growth (more…)
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…
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…
Baozun Aims to Ease Its Alibaba Addiction With New Growth Plan
Company aims to triple revenue and boost operating profit sixfold in next three to five years Key Takeaways Baozun’s new three- to five-year “profitable growth” strategy is designed to respond…