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Baozun Inc. Announces Strategic Share Repurchase
Baozun Inc.'s Strategic Equity Moves
Baozun-W (09991.HK) spent 0.1712 million US dollars to repurchase 0.15 million shares on October 14th.
Gelonghui October 15th丨Baozun-W (09991.HK) announced that on October 14, 2024, USD 0.1712 million was spent to repurchase 0.15 million shares, with a repurchase price per share of USD 1.12-1.2.
The longest november 11 shopping festival-related sale in history! Emphasizing quality, e-commerce platforms and live streamers confront "vicious internal competition".
①Within the first 30 minutes after the start of sales, 20 beauty brands on Tmall have achieved sales exceeding 100 million yuan, with 8 individual products surpassing the hundred million mark. ②This year's november 11 shopping festival-related major promotions, under the active competition of various e-commerce platforms, have extended from 3 weeks in advance to around a month in advance.
Goldman Sachs Raises China Economic Growth Forecasts
E-commerce november 11 shopping festival-related performance anxiety? Multiple platforms rush to start sales, subsidize logistics.
①Major e-commerce platforms are more eager to start this year's november 11 shopping festival-related, and have generally significantly advanced the sales and pre-sale time of this year's major promotion. ②Against the background of interconnection, the relatively low e-commerce penetration rate and the need for improved logistics construction, the Hong Kong market is still an important battlefield for top e-commerce competition.
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