Alibaba-backed Baozun completes acquisition of Gap Shanghai

Alibaba-backed Baozun completes acquisition of Gap Shanghai

FILE PHOTO: Men wearing face masks walk past a Gap store at a shopping area, as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. REUTERS/Jason Lee

Chinese e-commerce solutions provider Baozun has completed the acquisition of Gap (Shanghai) Commercial Co Ltd, per an announcement on Wednesday.

Edited by: Joymitra Rai

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