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Side-by-side financial comparison of Baozun Inc. (BZUN) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $84.2M, roughly 1.4× Baozun Inc.). GDEV Inc. runs the higher net margin — 13.9% vs -2.0%, a 15.9% gap on every dollar of revenue.

Baozun Inc is a leading digital commerce service provider focused on the Chinese market. It delivers full-stack e-commerce solutions including official store operation, digital marketing, logistics and fulfillment, customer support, and technical infrastructure services for global and local consumer brands across fashion, beauty, FMCG, consumer electronics, and other core retail segments.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

BZUN vs GDEV — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.4× larger
GDEV
$119.9M
$84.2M
BZUN
Higher net margin
GDEV
GDEV
15.9% more per $
GDEV
13.9%
-2.0%
BZUN

Income Statement — Q2 FY2025 vs Q2 FY2025

Metric
BZUN
BZUN
GDEV
GDEV
Revenue
$84.2M
$119.9M
Net Profit
$-1.7M
$16.6M
Gross Margin
Operating Margin
-1.7%
15.5%
Net Margin
-2.0%
13.9%
Revenue YoY
13.3%
Net Profit YoY
13.0%
EPS (diluted)
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BZUN
BZUN
GDEV
GDEV
Q2 25
$84.2M
$119.9M
Q2 24
$105.8M
Q2 23
$80.1M
$114.9M
Q2 22
$125.8M
Net Profit
BZUN
BZUN
GDEV
GDEV
Q2 25
$-1.7M
$16.6M
Q2 24
$14.7M
Q2 23
$-1.7M
$19.5M
Q2 22
$29.3M
Operating Margin
BZUN
BZUN
GDEV
GDEV
Q2 25
-1.7%
15.5%
Q2 24
14.4%
Q2 23
-1.8%
12.9%
Q2 22
34.4%
Net Margin
BZUN
BZUN
GDEV
GDEV
Q2 25
-2.0%
13.9%
Q2 24
13.9%
Q2 23
-2.2%
17.0%
Q2 22
23.3%
EPS (diluted)
BZUN
BZUN
GDEV
GDEV
Q2 25
$0.90
Q2 24
$0.81
Q2 23
$0.99
Q2 22
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BZUN
BZUN
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$6.9M
$41.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$10.7M
$-129.4M
Total Assets
$25.9M
$210.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BZUN
BZUN
GDEV
GDEV
Q2 25
$6.9M
$41.6M
Q2 24
$50.8M
Q2 23
$60.0M
$68.6M
Q2 22
$91.4M
Stockholders' Equity
BZUN
BZUN
GDEV
GDEV
Q2 25
$10.7M
$-129.4M
Q2 24
$-118.7M
Q2 23
$80.0M
$-135.8M
Q2 22
$-105.2M
Total Assets
BZUN
BZUN
GDEV
GDEV
Q2 25
$25.9M
$210.2M
Q2 24
$282.8M
Q2 23
$195.7M
$302.2M
Q2 22
$373.3M

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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