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Fly News Breaks for October 11, 2018
BZUN
Oct 11, 2018 | 11:16 EDT
TH Data Capital analyst Tian Hou believes Baozun added 10 GMV partners and 8 brand partners in Q3 and expects the company's net revenue growth to be in line with the consensus view and largely inline with the mid-point of company view. Given the slower pace of Chinese economic growth, Hou believes Baozun, along with many other Chinese companies, will take a conservative approach toward its guidance, he tells investors.
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