Cleared by Alibaba! Baozun E-commerce Response: Understand its normal trading behavior after adjusting its investment strategy
速海网络
发表于 2024-5-31 13:27:12
3298
0
0
Caixin News, May 31 (Reporter Xu Cihao) - Baozun E-commerce, an e-commerce service provider listed on both the US and Hong Kong stock markets, announced today that starting from May 30, 2024, Ms. Liu Yang has resigned from her position as a director due to a change in Alibaba's equity in the company.
Meanwhile, the board of directors was informed that on May 30, 2024, the company's major shareholder Alibaba and Champion Kerry Inc. entered into a purchase and sale agreement. Alibaba agreed to sell and Champion Kerry Inc. agreed to purchase 26.4694 million Class A common shares of the company, accounting for approximately 14.4% of the total issued shares of the company as of March 31, 2024 (share transfer). Following the transfer of shares, Alibaba will no longer be a shareholder of the company, Champion Kerry Inc. will become the main shareholder of the company.
Regarding this, relevant personnel from Baozun E-commerce told Caixin News that the company is concerned about the transactions between the two investors and the adjustment of corresponding board seats. For other details of equity conversion transactions, please refer to the investor's announcement. The company will not comment.
"We understand that Alibaba is a normal trading behavior after its investment strategy adjustment, and new investors have a long-term recognition of Baozun's value positioning. This transaction does not affect our daily business cooperation and strategic coordination with various e-commerce platforms." The above-mentioned Baozun e-commerce personnel emphasized.
According to public information, Baozun E-commerce, established in 2007, is an e-commerce service provider mainly engaged in building online stores for brand enterprises and retailers, including website construction, updates, and hosting, IT infrastructure construction, customer service, warehousing and distribution, etc.
In the early days of its establishment, Baozun E-commerce developed official shopping malls and Taobao flagship stores for Philips and Li Ning. At present, its business has covered the construction of various channels, including the official brand mall, Tmall and JD, social mobile mall, and offline intelligent stores. According to the official website, the Baozun e-commerce brand has 450 customers, including well-known enterprises in multiple fields such as Nike, Microsoft, and Panasonic.
After the establishment of Baozun E-commerce, there was a close relationship with Alibaba. According to previous reports, in 2009, the founder of Baozun E-commerce met Huang Mei, the investment manager of Alibaba, while attending a brand association meeting held by Taobao. Through Huang Mei's connections, Baozun E-commerce obtained a financing of millions of dollars from Alibaba a year later.
According to Tianyancha Business Information, in addition to its strategic investment of millions of dollars in January 2010, Alibaba joined forces with Kaixin Investment and Hanli Capital to invest tens of millions of dollars in March 2011.
According to the equity structure in the prospectus, as of the 2015 US stock market listing, Alibaba was the largest shareholder of Baozun E-commerce, holding approximately 2.64 million shares of common stock, with a shareholding ratio of 23.5%.
On May 28th, Baozun E-commerce released its first quarter financial report, which showed that the company's total revenue in the first quarter was 1.98 billion yuan, a year-on-year increase of 4.9%; The net loss was 66.6 million yuan. In recent years, Baozun E-commerce has been in a loss making state. According to past financial report data, from 2021 to 2023, Baozun's revenue was 9.396 billion yuan, 8.4 billion yuan, and 8.812 billion yuan respectively; The losses were 220 million yuan, 653 million yuan, and 278 million yuan respectively.
It is worth noting that in December last year, Alibaba withdrew from seven listed companies, including Focus Media, Qianfang Technology, Meinian Health, and Surprise Home, within three days.
On February 7, 2024, during the third quarter financial report conference call, Alibaba executives stated that unlike before, Alibaba will focus more on its core business, especially e-commerce (including domestic and overseas e-commerce) and cloud computing. In the first nine months of fiscal year 2024, Alibaba completed a $1.7 billion sale of non core assets. Alibaba has formed a special team to address issues such as how to exit stocks of some listed companies.
As of the time of publication, the Hong Kong stock of Baozun E-commerce rose slightly by 0.14% to close at HKD 7.02, with a market value of HKD 1.292 billion.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Prior to the listing of Horizon Robotics, cornerstone investors such as Alibaba and Baidu subscribed for $220 million worth of shares
- Alibaba repurchases 21000 shares with a total payment of $260000
- Deny the accusation! To avoid litigation costs and interference, Alibaba agrees to pay $433.5 million to settle the US stock class action lawsuit
- Alibaba agrees to settle with investors and pay $433.5 million to settle class action lawsuit
- Alibaba's latest announcement! Reached a settlement agreement on the class action lawsuit of US shareholders
- Alibaba International Station releases its first full process AI product
- Alibaba International Station President Zhang Kuo: Foreign trade is moving towards comprehensive AI technology
- Most popular Chinese concept stocks fell on Wednesday, while Alibaba fell more than 1%
- Pengling Group signs long-term strategic cooperation agreement with Seranis
- Miniso wins the "High Energy Strategic Team Award"
-
2024年11月7日,由新华社新闻信息中心、新华社上海分社、新华社品牌工作办公室主办的“品牌·让世界更美好”中外品牌论坛在上海举办。此次论坛,理想汽车荣获“通用ESG企业评价规范”年度最佳品牌奖。理想汽车将 ...
- cool88817
- 昨天 19:20
- 支持
- 反对
- 回复
- 收藏
-
【别跟我提特朗普!鲍威尔发布会:无需过度解读措辞改变 民众“不觉得经济好”没错】北京时间周五凌晨3点30分,美联储主席鲍威尔举行新闻发布会,就继续降息25个基点的决定和市场热点话题回答全球媒体提问。鲍威尔在 ...
- anhao007
- 昨天 22:48
- 支持
- 反对
- 回复
- 收藏
-
何思文表示,“在进博会这个平台上,我们开启的是倾听模式,通过进博会展出各类产品,收集消费者的需求和反馈,进而帮助决定未来进口到中国的产品。过去,汽车行业的许多创新源于美国加州或欧洲。我相信,中国正 ...
- MaxLucky
- 昨天 12:44
- 支持
- 反对
- 回复
- 收藏
-
11月5日至10日,第七届中国国际进口博览会(下称“进博会”)在国家会展中心(上海)举办。在进博会期间,平安健康医疗科技有限公司(下称“平安健康”)与美敦力(上海)管理有限公司(下称“美敦力”)达成战 ...
- Hidden2
- 3 天前
- 支持
- 反对
- 回复
- 收藏