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Here's Why the Best Is Yet to Come for Baozun Inc.

TheMotleyFool

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Here's Why the Best Is Yet to Come for Baozun Inc.

Baozun (NASDAQ: BZUN) is often called the "Shopify (NYSE: SHOP) of China" since it uses a similar business model focusing on bringing offline retailers online. Baozun provides retailers with digital storefronts, marketing, customer, fulfillment, and IT services -- making it a "one-stop shop" for digitizing a business.

Baozun's stock rallied nearly 160% this year, but it seemingly stalled out over the past month with a near-10% decline. Many investors likely took profits during that pullback. But I believe that Baozun's best days are still ahead for five simple reasons.

Image source: Getty Images.

Source: Fool.com