Baozun Inc. (BZUN) Misses Q2 EPS by RMB 45c

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Baozun Announces Second Quarter 2022 Unaudited Financial Results

August 23, 2022 6:00 AM EDT

SHANGHAI, China, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (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, 2022.

Second Quarter 2022 Financial Highlights

Total net revenues were RMB2,122.0 million (US$1316.8 million), a decrease of 7.9% year-over-year, of which, service revenues were RMB1,428.1 million (US$213.2 million), an increase of 7.2%... More