Baozun Inc. (BZUN) Tops Q2 EPS by 11c, Revenues Beat

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Baozun Announces Second Quarter 2020 Unaudited Financial Results

August 21, 2020 6:00 AM EDT

SHANGHAI, China, Aug. 21, 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 second quarter ended June 30, 2020.

Second Quarter 2020 Financial Highlights

Total net revenues were RMB2,152.1 million (US$1304.6 million), an increase of 26.3% year-over-year. Services revenue was RMB1,224.3 million (US$173.3 million), an increase of 43.2% year-over-year.Income from operations was RMB160.6 million (US$22.7... More