Yunji Announces Second Quarter 2024 Unaudited Financial Results
Yunji Inc. - American Depository Shares (YJ)
Last yunji inc. - american depository shares earnings: 3/24 05:30 am
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Source: PR Newswire
HANGZHOU, China, Aug. 23, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced its unaudited financial results for the second quarter ended June 30, 2024[1].Second Quarter 2024 HighlightsTotal revenues in the second quarter of 2024 were RMB106.0 million (US$14.6 million), compared with RMB167.1 million in the same period of 2023. The change was primarily due to soft consumer confidence and the Company's continued strategy to refine its product selection across all categories and optimize its selection of suppliers and merchants, which had a near-term impact on sales.Repeat purchase rate[2] in the twelve months ended June 30, 2024 was 73.5%.Mr. Shanglue Xiao, Chairman and Chief Executive Officer of Yunji, said, "In the second quarter of 2024, we continued to enhance our efforts in short videos and livestreaming while also integrating offline initiatives alongside our digital presence. Recognizing
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- Yunji announces plan to implement ADS ratio change [Seeking Alpha]Seeking Alpha
- Yunji Announces Plan to Implement ADS Ratio ChangePR Newswire
- Yunji Inc. (YJ) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
YJ
Sec Filings
- 9/11/24 - Form 6-K
- 8/23/24 - Form 6-K
- 8/12/24 - Form SC
- YJ's page on the SEC website