Baozun, Inc. Class A (HK:9991) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Baozun Inc. has renewed its continuing connected transactions with Alibaba Group, ensuring the continuation of logistics and marketing services until December 2024. As a significant shareholder, Cainiao, a subsidiary of Alibaba, plays a key role in these transactions, which have been deemed fair and beneficial by Baozun’s board. This renewal highlights Baozun’s strategic partnership with Alibaba, leveraging efficient logistics services to enhance its e-commerce operations.
For further insights into HK:9991 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue