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Baozun Inc. ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.
Baozun reported Q1 2024 revenue growth of 4.9%, beating analyst estimates. Adjusted EPS loss was $0.03. Stock price gained. Services revenue up 4.1%. Cash and equivalents at $408.1M. Baozun making progress in E-commerce and Brand Management. Stock lost 32% in past year. ....
Baozun’s revenues rose 5% last year following its acquisition of Gap China, which represented 14% of total annual sales • Product sales from the company’s… ....
Key Takeaways: Baozun’s revenues rose 5% last year following its acquisition of Gap China, which represented 14% of total annual sales Product sales from the company’s older e-commerce business fell by 21% last year, while e-commerce services revenue also slumped by 5% By Edith Terry ....
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