Is Baozun’s risky leap into brand management starting to pay off?
The provider of e-commerce services says it is turning the corner in its ‘journey of transformation’ Key Takeaways: Baozun’s revenues rose 5% last year following its acquisition of Gap China,…
FAST NEWS: Xuan Wu Cloud’s loss widens on stiff competition
The latest: Customer relationship management (CRM) services provider Xuan Wu Cloud Technology Holdings Ltd. (2392.HK) said on Wednesday it expects to report a net loss of 63 million yuan ($8.8 million)…
Weimob shops breakup plan, but investors aren’t buying it
The e-commerce services provider said it is exploring a spinoff for its marketing services arm, with plans to list it separately on China’s A-share market Key Takeaways: Weimob shares fell…
Baozun overhauls Gap stores, goes global with new Hunter deal
The e-commerce company and Authentic Brands Group will form a joint venture to sell Hunter- branded products, best known for their Wellington boots, in Greater China and Southeast Asia Key…
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…
IT provider Edianyun Seeks IPO Cash, with Finances Under a Cloud
China’s largest provider of integrated business IT solutions, Edianyun, recently re-filed to list on the Hong Kong Stock Exchange, but a ballooning first-half loss of 625 million yuan is a…
Plus Digital Seeks to Ride a Boom on Software Services for Retailers
The provider of digital sales and marketing tools for fast-moving consumer goods brands is seeking to go public in Hong Kong as sales of its subscription-based services boom Key Takeaways:…