Baozun Inc.’s Post

Baozun Announces First Quarter 2024 Unaudited Financial Results Baozun Inc., a leading brand #ecommerce solution provider and #digitalcommerce enabler in China, today announced its unaudited #financialresults for the first quarter ended March 31, 2024. Mr. Vincent Qiu, Chairman and Chief Executive Officer of Baozun, commented, "I'm pleased with our solid execution of transformation in the first quarter of 2024. E-Commerce has made progress in growing service #revenue and introducing high-quality exclusive distribution models. #BrandManagement continues to advance in transforming Gap China, launching several China-for-China products and #merchandising programs, which have shown positive market acceptance. With these encouraging results, we are confident and committed to our strategic transformation to drive growth." Ms. Catherine Zhu, Chief Financial Officer of Baozun, commented, "I'm delighted to report that Baozun achieved a 5% year-over-year revenue growth, driven by Brand Management's increased contributions and better topline momentum from E-Commerce. We also enriched #operatingcashflow and free cash flow, achieving a solid year-over-year improvement. Additionally, the operating cash flow for our E-Commerce segment in the first quarter turned positive for the first time since 2019. As we navigate through 2024, our focus remains on driving strategic growth, ensuring financial stability, and creating sustainable value for our shareholders." For more details, please visit to our website: https://lnkd.in/dDAAse3Y #FinancialReport #Q1 #Baozun #Performance

🚀Yoho Group FY23/24 Positive Profit Alert🚀   We are thrilled to announce that Yoho Group (2347.HK) published its FY23/24 positive profit alert today📊🙌. Despite the challenging landscape of the retail sector, the Group leveraged precise strategy recalibration and stringent cost controls, successfully maintaining stable operational performance and achieving counter-market growth in net profit and adjusted net profit💰.   We are expected to record: 📈 Net Profit of no less than HKD 21 mil, a significant increase of over 233% YoY 📈 Adjusted Net Profit of no less than HKD 23 mil, maintaining a steady performance compared to the previous year   While the Hong Kong retail industry navigates an adjustment period, we are committed to further strengthening our core competitiveness💪, driving dual growth in our 1P and 3P businesses🔥🛒, and creating an intelligent AI-powered shopping experience for our consumers with Yoho AI Assistant🤖, to position ourselves for resurgence and promote sustainable growth.   Exciting times lie ahead as we continue to innovate, excel, and enhance the e-commerce journey! For more details, please visit the announcement here:  https://lnkd.in/gf9mkyxi #Yoho #Yohohongkong #友和 #2347HK #profitalert #annualresults #growth #financialperformance #businessperformance #corporateupdates #ecommerce #retail #retailIndustry #sustainablegrowth #shareholdervalue #earnings

Internet | Atour Lifestyle - Eric Wen ATAT spends ~90% of its marketing expenses on retail products. Starting from October 20th, Atour began promoting its hotel membership with its Tmall and JD.com stores, aiming to reverse-convert retail customers into hotel guests. We believe it makes better use of ATAT's marketing dollars and can usher in a virtuous cycle of customer acquisition because the No.1 position in key e-commerce platform categories certainly has brand values. Read full story here: https://buff.ly/4fOWYcq For more information on our #internet product, and other Aletheia Capital research, please contact info@aletheia-capital.com #investments #advisory #ideas #fintech #InYourCorner

Curious about how PHH Group, a leading e-commerce giant in the Baltics and Finland, completing 5.9 million orders annually, achieved a 95% accuracy in predicting monthly GMV and boosted their media ROI by 22% in 2023? This impressive ROI growth is the result of continuous modeling and optimization over nearly four years. PHH Group has significantly increased their media budgets, and even maintaining the same ROI with higher investments would have been a great achievement, but they managed to improve it significantly. Discover the cutting-edge strategies and innovative modeling systems that turned their marketing department into a powerhouse of business growth.  Click the link to read the full story and uncover the secrets behind their remarkable success: https://lnkd.in/dzQNqX_n #ECommerce #DataDriven #MarketingStrategy #ROI #Analytics #BusinessGrowth #Innovation #PHHGroup

Growsari is a tech-enabled business-to-business (B2B) platform that helps the Philippines’ sari-sari stores get better service levels, assortment, and access to new services. Growsari provides the stores with the infrastructure and tools they need to transform from simple fast-moving consumer goods (#FMCG) outlets to comprehensive service hubs for the nation’s grassroots communities. There are over 2 million #MSMEs in the Philippines, many of which are sari-sari stores, or mom-and-pop shops. Sari-sari stores account for over 60% of MSMEs in the Philippines. Sari-sari stores face the need to procure a variety of goods to service the needs of their neighbourhoods. They need to deal with multiple distributors, multiple suppliers, and the #supplychain is complex and expensive. Despite significant improvement in financial services penetration and adoption, there remains a large gap in #financialinclusion in the Philippines, especially among those in the lower socioeconomic brackets. Growsari’s founders, who had prior experience at P&G and Unilever, felt the distribution and supply chain as well as financial inclusion issues faced by sari-sari stores impeded business operations and income generation. Growsari’s solution is to look at the full supply chain - from buying, to storing goods, to last mile distribution, and solving each element to ensure a cost-effective distribution of goods. Growsari’s supplier marketplace called Sarimart gives sari-sari stores access to the distributor list prices enjoyed by large stores and wholesalers. In addition, Growsari’s financial services arm called Saripay provides stores the tools they need to manage their respective businesses - including access to credit, cashless payments, and various business management solutions. Download the full case study here: https://lnkd.in/g9GVnDPg 

Moglix is set to capitalise on UAE's e-commerce surge with innovative procurement services. Forecasting an increase to $8 billion by 2026, Moglix is expanding its operations to support the UAE's rapidly growing e-commerce sector. Read more here: https://lnkd.in/ekEAquXX #Ecommerce #Procurement #LastMile #UAE Moglix Middle East Moglix Business Piyush Malviya

l am honoured to represent Hong Kong E-commerce Logistics Association (Secretary of General & VP of Public Affairs) to moderate a panel of "Revolutionizing Retail: Unveiling End-to-End E-commerce and Marketplace Solutions" in Causeway Bay on 21st May (Tue). Join our esteemed panel of industry experts as they discuss the latest trends and innovations transforming the retail landscape. Gain invaluable insights from: Eileen Tang, Head of Digital Solutions at Maxim's Caterers, on leveraging technology to enhance customer experiences. Michael Ho, Head of Marketing and Partnerships at ZALORA (HK & TW), sharing strategies for standout success in competitive e-commerce markets. Nicholas Ng, Logistics Lead at Sasa.com, addressing supply chain optimization and sustainable delivery practices. Explore the future of retail, from AI and data driven strategy to the digital transformation's potential impact. Discover how businesses can seamlessly integrate online and offline operations while fostering direct customer relationships on e-commerce marketplaces. Don't miss this opportunity to gain cutting-edge insights and stay ahead of the curve in the dynamic world of e-commerce and retail innovation. Registration : https://lnkd.in/eaE6kR6e #HKELA #HKSTP #NEXX #Ecommerce #Innovation #Crossborder #Marketplace

The Kirana stores are undergoing a remarkable transformation! Technology adoption is no longer a "maybe" but a powerful "yes" for these crucial players of the CPG ecosystem. Here's a glimpse into the adoption at Badho: - 2 lakh retailers - 5k distributors - 400 Crores in GMV Here is how Badho is helping Kiranas: - Manage orders efficiently - Direct communications from brands on schemes and promotions from Brands - Discover new partners and products in an interconnected ecosystem Kirana stores are rapidly embracing tech – mobile tools, digital payments, and online partnerships – to modernize and thrive. While challenges remain, the future of Kirana stores is bright, thanks to the power of technology. #badho #FMCG #Distribution #TechAdoption #PragatiKiApp #Innovation #Retail #growth

Richa Bagri, Head of Commercial SEA at Intrepid, recently discussed the crucial challenge of sustaining discounts and promotions in the ecommerce industry. While consumers often wait for major sales to grab the best deals, brands and marketplaces are increasingly aware of the need to maintain profit margins. Here, Richa emphasizes the importance of balancing demand generation with sales to achieve a sustainable and profitable long-term ecommerce strategy. Follow the link to read the full interview>> https://hubs.la/Q02KxpqV0 #intrepid #digitalcommerce #singapore #thailand #indonesia #vietnam #philippines #malaysia

We published a short market overview of retail parks in Croatia https://lnkd.in/dmhK-2m2? What is your opinion on the future of the retail park market in Croatia? #AvisonYoung#RetailParks#CRE#Retail#MarketResearch