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 growth Key Takeaways: Baozun’s newly purchased Gap Greater China operation will become the cornerstone for its new brand management unit The Alibaba-backed company is looking for new growth venues as its core business as an e-commerce tools provider stalls By Shirley Lau Baozun Inc. (BZUN.US; 9991.HK), a sort of “Shopify of China,” raised eyebrows earlier this month when it announced it would acquire U.S. clothing retailer…

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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 non-GAAP operating profit fell 93.8% to 4.7 million yuan, according to its latest results published on Thursday. Looking up: The company’s gross merchandise value (GMV) for the period reached 17 billion yuan, an increase of 28.4%, mainly benefiting from an 86.1% jump in GMV for its service fee model. Take Note: Electronics and appliance sales slowed as the company optimized its distribution business,…

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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 comes amid a growing exodus of U.S.-listed Chinese companies from New York iClick shares are down more than 24% year-to-date despite solid revenue growth and improving profitability By Warren Yang A coalition of investors that have launched a bid to privatize iClick Interactive Asia Group (ICLK.US) are betting the provider of digital marketing tools will be better off as a…

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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 their fundamentals, including negative moves by Credit Suisse Analysts believe Weimob could be better positioned than Baozun for return to strong profit growth over the medium- to longer-term By Eric Auchard When it comes to U.S.- and Hong Kong-listed Chinese stocks, very little these days seems related to company fundamentals. That’s particularly true for companies whose main business is focused…

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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 to rapid shifts in e-commerce buying habits Company’s diversification bid risks unsettling close ties with Alibaba and Tmall, which account for 75% of its business By Eric Auchard Alibaba may be a good business partner, but it’s nice to work with others as well – especially as Beijing cracks down on the e-commerce giant for its monopolistic practices. That’s the…

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