BZUN - Mergers and acquisitions

SHANGHAI, China, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Today, Baozun Inc. (NASDAQ:BZUN) ("Baozun" or the "Company"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced that it had signed definitive agreements to acquire Gap Greater China ("Gap Greater China"), in an all-cash transaction with a primary consideration in the amount of US$40 million. The acquisition is subject to the satisfaction of customary closing conditions and regulatory approval. Gap Greater China is wholly owned by Gap Inc. ("Gap"), the largest American specialty apparel company offering iconic comfort-casual wear, accessories, and personal care products for men, women, and childr

BEIJING, China, June 28, 2021 (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, announced today that it has signed a definitive agreement to acquire 100% equity interest in Shanghai Yi Shang Network Information Co Ltd ("eFashion China"), a leading provider of e-commerce solutions for fashion brands in China, in an all-cash transaction. The acquisition is subject to the satisfaction of customary closing conditions and is expected to be completed in the third quarter of 2021. Founded in 2008 and headquartered in Shanghai, eFashion China is an e-commerce solut