Brief: Baozun And Iclick Announce Equity Investment And Strategic Business Cooperation
26/01/2021 12:59
Jan 26 (Reuters) - Baozun Inc BZUN.O :
* BAOZUN AND ICLICK ANNOUNCE EQUITY INVESTMENT AND STRATEGIC
BUSINESS COOPERATION
* BAOZUN - BAOZUN SUBSCRIBED FOR 649,349 NEWLY ISSUED CLASS
B
ORDINARY SHARES OF ICLICK AT ABOUT US$17.2 MILLION, OR US$26.524
PER CLASS B ORDINARY SHARE
* BAOZUN INC - BOTH PARTIES ARE EXPECTED TO JOINTLY DEVELOP
A
PRIVATE DOMAIN TRAFFIC PLATFORM WITHIN TENCENT'S E-COMMERCE
ECOSYSTEM
Source text for Eikon: ID:nGNXc5HxLn
Further company coverage: BZUN.O
((Reuters.Briefs@thomsonreuters.com;))
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