Straits Times Index
2,949.04-24.50(-0.82%)Nikkei
28,966.01-1,202.26(-3.99%)Hang Seng
28,980.21-1,093.96(-3.64%)
Baozun Inc. (BZUN)
45.81 -0.12 (-0.26%)
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- Motley Fool
Is Baozun Stock a Buy?
China's leading e-commerce services company for foreign firms still has plenty of room to run in 2021.
- Motley Fool
Why Baozun Stock Was Climbing Today
Shares of Baozun (NASDAQ: BZUN), the Chinese provider of e-commerce services for multinational companies, was moving higher today, even though there was no apparent news about the company. As of 3:08 p.m. EST, Baozun was up 9.8%, while the MSCI China ETF had gained 1.1%, even as the S&P 500 was nearly flat. First came a strategic partnership with iClick, a Chinese online marketing company, which also included Baozun's taking a small equity investment in the company.
- Motley Fool
Why Baozun Stock Gained 19% Last Month
Shares of Baozun (NASDAQ: BZUN) were climbing last month as the company announced a new strategic partnership and seemed to benefit from a short squeeze. On Jan. 26, Baozun, which provides e-commerce services to multinational companies in China, gained 35% as it announced a strategic partnership and investment in iClick, a Chinese online marketing company. According to the terms of the deal, Baozun will take a 4% stake in iClick, paying $17.2 million.
