Brief: Baozun And Iclick Announce Equity Investment And Strategic Business Cooperation

Baozun

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;))