Baozun Inc. (BZUN) Tops Q1 EPS by 4c, Revenues Beat

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Baozun Announces First Quarter 2020 Unaudited Financial Results

June 2, 2020 6:00 AM EDT

SHANGHAI, China, June 02, 2020 (GLOBE NEWSWIRE) -- Baozun Inc. (Nasdaq: BZUN) ("Baozun" or the "Company"), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.

First Quarter 2020 Financial Highlights

Total net revenues were RMB1,523.6 million (US$1215.2 million), an increase of 18.4% year-over-year. Services revenue was RMB822.5 million (US$116.2 million), an increase of 22.9% year-over-year.Income from... More