What are some Shopify alternative ecommerce solutions in China?
Baozun (NASDAQ:BZUN) is often called the "Shopify (NYSE:SHOP) of China," since both companies bring smaller retailers online with digital storefronts, marketing campaigns, and fulfillment services. Baozun, which is based in China, helps big multinational brands like Nike and Starbucks enter the Chinese market. It isn't a self-service platform like Shopify. ... That was clearly a bad call: Baozun's stock has declined about 60% over the past 12 months, but Shopify's stock has rallied more than 30%.