To meet the enormous surge that takes place during the 11.11 shopping festival,
Mr.
“Leveraging our sophisticated IT infrastructure and years of 11.11 shopping festival data analysis, we were able to predict the quantity of orders that would be made based on changes in traffic during peak hours, conversion rates and popularity of certain product categories. This not only helps us ensure the smooth fulfillment of orders, but also helps us secure shipping capacity with courier services and help our brand partners manage their inventories in a cost-efficient way. In preparation, we teamed up with over 100 of our brand partners this year, hired an additional 1,300 temporary customer service representatives, increased seasonal warehouse staff headcount by 3,000, and expanded our warehouse storage capacity to 100,000m2. Using these resources, we were able to ship over 400,000 orders on
“This year also saw the rise of cross-border ecommerce’s participation in the 11.11 shopping festival. We worked with a number of brand partners in managing their presence cross-border ecommerce platforms and establishing their presence in
“I am very proud of our performance during this year’s 11.11 shopping festival. With a number of our brand partners ranked as the top selling brands among different categories in Tmall, we are clearly demonstrating the value we can provide to other potential brand partners when it comes to providing our full range of end-to-end ecommerce solutions and meeting the surge on the most important shopping day in the world. With this year’s shopping festival over, we now begin planning for next year’s by focusing on further enhancing our services and improving efficiency across our entire business.”
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This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the
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For investor and media inquiries, please contact:Baozun Inc. ir@baozun.com Christensen InChina Mr.Christian Arnell Phone: +86-10-5900-1548 E-mail: carnell@christensenir.com In US Ms.Linda Bergkamp Phone: +1-480-614-3004 Email: lbergkamp@ChristensenIR.com
Baozun Inc.