 BEIJING, China, Sept. 30, 2021 GLOBE NEWSWIRE -- Baozun Inc. NASDAQ: BZUN and HKEX: 9991 Baozun or the Company, the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, announced today that Baozun and its wholly-owned subsidiary, Baotong Inc. Baotong, have entered into a Share Purchase and Subscription Agreement with Cainiao Network, for its 30 equity investment Investment in Baotong, Baozuns warehousing and fulfillment solution subsidiary. Baozun, Baotong and Cainiao Network have also entered into a Business Cooperation Agreement BCA to further explore and develop brand e-commerce opportunities. 