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Baozun

Alibaba sells stake in e-commerce branding services firm Baozun for US$21.8 million as part of corporate restructuring

by Anas Siddiqui
Alibaba sells stake in e-commerce branding services firm Baozun for US.8 million as part of corporate restructuring

Hangzhou-based Alibaba, owner of the South China Morning Post, on Thursday signed a deal to sell 26.5 million Baozun shares to Champion Kerry for US$21.8 million, according to Baozun’s latest …

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Adobe to stop selling China Photoshop software bundle deal after business assessment

by Anas Siddiqui
Adobe to stop selling China Photoshop software bundle deal after business assessment

US software firm Adobe said it is pulling its China-tailored software bundle from the mainland market following a business assessment, but vowed to maintain a long-term commitment to local clients. …

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