 SHANGHAI, China, May 18, 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, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US125 million worth of its outstanding i American depositary shares ADSs, each representing three Class A ordinary shares, andor ii Class A ordinary shares over the next 12 months starting from May 18, 2021. 