Baozun Inc. provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, visual merchandizing and marketing campaigns, store operations, customer services, warehousing, and order fulfillment. The company also operates Maikefeng mobile application that offers various branded products. It serves brand partners in the apparel, appliances, electronics, home, food and health, cosmetics, insurance, and automobile categories. The company was formerly known as Baozun Cayman Inc. and changed its name to Baozun Inc. in March 2015. Baozun Inc. was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.
The value this company brings to the brands it serves should give it a much higher market cap than $2b...great investment!
No need to sell B4 ER this time. It's all about the forecast, and we got a glimpse of Q4 sales growth with the 11/11 sales
Been looking at buying it the last couple of days, but Chinese stocks feel like a negative announcement is coming. Chart looks good and only 4.5B market cap.
BZUN is the no. 2 holding in the FFTY (IBD 50 ETF). It should be bought.....probably sooner than later. Daily:
Closed at 62.49 on Monday June 4th. Took a vacation and missed another good opportunity. Maybe it'll give me a dip. Congrats to @internationalstocks who called this move back on May 10th.
Another solid Chinese play along with BABA, JD and BIDU. $61.80 needs to hold into Labor Day to keep up the momentum trade alive otherwise it would be considered broken. More importantly, $53.62 must hold to keep the long term uptrend intact. Ideally $51.42 presents a good entry point with risk capped between $47.14 and $47.56 and an initial move up to $59 to $60. August should prove to be a decisive month in time.
This poor thing has dropped a ton since the forum last showed interest in it but I'm here to give it a bump. I think we could get back to $40 by next ER (early to mid march)