Baozun Inc (NASDAQ:BZUN), the e-commerce firm, which helps big brands reach into the huge Chinese market, saw shares surge over 11% before the bell as fourth quarter numbers beat expectations.
The group calls the tech giants Alibaba (NASDAQ: BABA) and JD.com (NASDAQ:JD) partners.
Adjusted earnings per share jumped to 42 cents on revenues of US$240.6mln, while total revenue rose 23% to US$637.7mln.
Baozun had been expected to earn 31 cents a share on revenues of $245.22mln, according to consensus estimates.
The company also gave upbeat first-quarter revenue guidance as it sees services revenue up 50% in 2018.
"We delivered another strong quarter of growth with GMV (gross merchandise volume) increasing by 75.5% year-over-year," said Beck Chen, finance chief at the group.
"During the fourth quarter, services revenue increased significantly, growing by 56.0% year-over-year, while net income attributable to Baozun ordinary shareholders increased by 139.0% year-over-year, driven primarily by our continuous focus on improving our business model mix and increasing operational efficiency.
"We remain confident in our strategy and the effectiveness of our operations and services, and expect GMV to grow to over RMB30bn and total net revenues to increase to over RMB5.1bn during fiscal year 2018."
Shares in New York shot up 11.15% to US$40.87.