UPDATE: ‘SEC issues final regs that allow it to delist foreign companies that don’t comply with audit rules’ -CNBC Tweet
https://twitter.com/CNBC/status/1466469839736913921
Baozun Plans $50M Share Repurchase Program
Baozun Inc (NASDAQ:BZUN) announced its board of directors had authorized a new share repurchase program to repurchase up to $50 million…
Earnings Scheduled For November 30, 2021
Companies Reporting Before The Bell
• Hello Gr (NASDAQ:MOMO) is estimated to report quarterly earnings at $0.31 per share on revenue of $573.63 million.
Baozun Stays Hooked on Alibaba With New Logistics Investment From Cainiao
Key takeaways:
Alibaba-backed Cainiao is paying $217.9 million for 30% of Baozun’s Baotong warehouse and fulfillment subsidiary
Deal shows how Baozun remains dependent on Alibaba, despite ongoing attempts to diversify its customer base
By Mia Shanley
Baotong, Baozun’s Logistics Subsidiary, To Receive $217.9M Strategic Investment From Cainiao Network
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 Baozun and
