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Baozun Quarterly Results Fall Short; Chinese E-Commerce Stock Falls

China-based Baozun (BZUN) reported fourth-quarter results early Thursday that missed revenue estimates and met views on the bottom line. Baozun stock fell.




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The company reported adjusted earnings of 55 cents a share on revenue of $512.9 million. Analysts expected Baozun to report earnings of 55 cents a share on revenue of $518.7 million. Some estimates pegged Baozun earnings of 56 cents. Revenue increased 20% from the year-ago quarter.

Baozun stock dropped 4.3%, closing at 43.93 on the stock market today.

Gross merchandise volume jumped 29%, to $3.5 billion.

Baozun Stock: Double-Digit Gains For 2021

Baozun helps its clients build an e-commerce operation, setting them up to sell goods directly to consumers. Its services include information technology, digital marketing and online store operations, customer service, warehousing and fulfillment.

Baozun also helps companies establish digital storefronts on the largest consumer-facing e-commerce platforms in China.

Baozun stock is up 29% this year.

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 Please follow Brian Deagon on Twitter at @IBD_BDeagon for more on tech stocks, analysis and financial markets.

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