Baozun completes acquisition of Gap Greater China

// Chinese ecommerce enabler Baozun said it has completed the acquisition of American clothing giant Gap’s business in Greater China after getting clearance from regulators.

The acquisition was done through Baozun’s wholly-owned subsidiary White Horse Hongkong Holding, which inked an agreement with Gap Inc. and Gap (UK Holdings) Limited. https://www.techinasia.com/baozun-acquires-gap-greater-china-50m-deal //

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