Since SHOP gets hyped up here any opinion on BZUN the chinese SHOP stocks

I just learned about BZUN yesterday and im considering a very small position. I am overly skeptical of any Chinese company due to a perceived ability to fudge numbers, but BZUN is 25% owned by BABA, and is poised to grow. I did see an issue with the shares getting diluted, which gives me hesitation. I was wondering if anyone here had an opinion on the stock, or other related ones

Which could also be true because angel or seed stage investing typically gets a very large chunk of equity for not much money. It is listed as seed stage, so I would assume that is less than 500k. https://www.crunchbase.com/funding_round/baozun-commerce-angel--1f9eb1ed