Operator: Good morning, ladies and gentlemen, and thank you for standing by for Baozun s First Quarter 2024 Earnings Conference Call. At this time, all participants are in the listen-only mode.
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.
Mr. Vincent Qiu,.
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