Baozun Acquires Gap Greater China And Establishes Brand Management As A New Business Line
Acquiring Company
Baozun
Acquired Company
Gap
Singapore
San FranciscoInformation TechnologyE CommerceManufacturingE CommerceFashionRetailLifestyleDescription
Today, Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun” or the “Company”), a leading brand e-commerce solution provider and digital commerce enabler in China, announced that it had signed definitive agreements to acquire Gap Greater China (“Gap Greater China”), in an all-cash transaction with a primary consideration in the amount of US$40 million. The acquisition is subject to the satisfaction of customary closing conditions and regulatory approval.
Quick answer
Baozun is acquiring Gap, announced November 8, 2022. Baozun is based in Singapore, Southeast Asia, Singapore.
- How much did Baozun pay for Gap?
- The deal value was not disclosed.
- What does Baozun do?
- Baozun Inc. is the leader, a pioneer in the brand e-commerce service industry, and a digital commerce enabler in China.
- Where are Baozun and Gap based?
- Baozun is based in Singapore, Southeast Asia, Singapore. Gap is based in San Francisco, California, United States.
- Who are the decision-makers at Baozun?
- Fundz holds 1 contact at Baozun. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Related People
Frequently asked
Who acquired Gap?
Gap was acquired by Baozun, based in Singapore. The deal was reported on November 8, 2022. Baozun Inc. is the leader, a pioneer in the brand e-commerce service industry, and a digital commerce enabler in China. Baozun Inc. Baozun is publicly traded (BZUN) and operates in Information Technology.
When did Baozun acquire Gap?
Baozun's acquisition of Gap was reported on November 8, 2022. Today, Baozun Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Gap do?
Gap Inc., a house of iconic brands, is the largest specialty apparel company in America. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories, and lifestyle products for men, women and children. Since 1969, Gap Inc. It is publicly traded (GAP), operating in Manufacturing, and is based in San Francisco.
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