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Discount The Obvious

Pragmatic Investments

BZUN

Baozun Is Not Priced Like the Shopify of China

June 24, 2020 By Discount The Obvious

Baozun might be known as "the Shopify of China", but their stock isn't priced like it. Shopify's valuation is 30x higher than Baozun, relative to each of their sales. Baozun's growth has slowed due to the United States trade war against China. That, coupled with fraud concerns around Chinese companies, has cut Baozun's price to sales ratio in half since June 2018. I … [Read more...] about Baozun Is Not Priced Like the Shopify of China

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