NEW YORK, NY / ACCESSWIRE / March 7, 2018 / Shares of Baozun were exploding in Tuesday trading after the company released impressive fourth quarter results. Chinese Alibaba also saw a gain, but lost some of it in after-hours trading. Recently Alibaba announced some major developments regarding its cloud platform.

RDI Initiates Coverage on:

Baozun Inc.
https://rdinvesting.com/report/?ticker=BZUN

Alibaba Group Holding Limited
https://rdinvesting.com/report/?ticker=BABA

Baozun Inc. shares were flying higher in Tuesday trading, closing the day up 31.11% on higher volume than average. The stock soared to a new high of $48.75 during intra-day trading. The big move came after the Chinese e-commerce giant announced its fourth quarter earnings results and updated its fiscal 2018 guidance. Baozun reported that income from operations was $27 million, a 179.1% increase from the year ago period. Non-GAAP income from operations was $29.2 million, a 163.6% increase from the year ago quarter. Adjusted earnings at 42 cents were better than the 31 cents that analysts had expected. The company's finance chief, Beck Chen, remarked, "We delivered another strong quarter of growth with GMV (gross merchandise volume) increasing by 75.5% year-over-year." Looking ahead, Baozun is expecting services revenue to gain 50% in 2018. It grew 56% compared to the year ago quarter. Chen also said, "We remain confident in our strategy and the effectiveness of our operations and services, and expect GMV to grow to over RMB30 billion and total net revenues to increase to over RMB5.1 billion during fiscal year 2018."

Access RDI's Baozun Inc. Research Report at:
https://rdinvesting.com/report/?ticker=BZUN

Alibaba Group Holding Limited shares closed up 3.18% on Tuesday but were in the red in after-hours trading. The Chinese company has recently jumped into the quantum computing arena. Alibaba Cloud and the Chinese Academy of Sciences (CAS) have launched the superconducting quantum computing cloud that is powered by a quantum processor that has 11 quantum bits of power. The company's Quantum Computing Cloud Platform is now the second fastest behind IBM's. Alibaba Cloud's Chief Quantum Technology Scientist Dr. Shi Yaon stated, "By introducing quantum computing services on cloud, we make it easier for the teams to experiment with quantum applications in a real environment to better understand the property and performance of the hardware, as well as leading the way in developing quantum tools and software globally. The user experience offered on cloud will without doubt help us further enhance our platform.? According to Yeming Wang, who spoke to CNBC, Alibaba is also planning to expand its cloud computing footprint in Europe with more data centers. The general manager of Alibaba's Cloud Europe told CNCB last month, "We believe we need to service local clients leveraging our computers on the AI and big data."

Access RDI's Alibaba Group Holding Limited Research Report at:
https://rdinvesting.com/report/?ticker=BABA

Our Actionable Research on Baozun Inc. (NASDAQ: BZUN) and Alibaba Group Holding Limited (NYSE: BABA) can be downloaded free of charge at Research Driven Investing.

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