HANGZHOU, China, Jan. 1, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that Mr. Chen Chen has been appointed as an independent director of the Company and a member of the audit committee, compensation committee and nominating and corporate governance committee of the board of directors of the Company, effective January 1, 2024. Mr. Shanglue Xiao, Chairman and Chief Executive Officer of Yunji, commented, "We are delighted to welcome Mr. Chen Chen to continue contributing his expertise and industry insights to Yunji. We look forward to the increased innovation and possibilities that his presence b

HANGZHOU, China, Sept. 6, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced the appointment of Mr. Xuefeng Chen as an independent director of the Company, effective September 6, 2023. Mr. Suqin Xi has concurrently resigned from his position as an independent director and no longer serves as a member on the audit committee, compensation committee, and nominating and corporate governance committee of the Company's board of directors. Mr. Xuefeng Chen will serve as a member on each of these committees. Mr. Xuefeng Chen joined Shenzhen Tiantu Capital Co., Ltd. ("Tiantu") in 2015 and currently serves as i

HANGZHOU, China, Oct. 29, 2021 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that Mr. Wei Ying has resigned from his position as a director on the board of directors (the "Board") of Yunji and that the Board has appointed Ms. Dan Li as a director on the Board, both effective October 30, 2021. After the change, Yunji will meet the diversity objective required by Nasdaq's Board Diversity Rule. Ms. Li is a managing director at CDH Investments Management (Hong Kong) Limited, where she has been employed since August 2014. Ms. Li served as a senior manager and director in Dinghui Investment Management (Tian

HANGZHOU, China, April 23, 2021 (GLOBE NEWSWIRE) -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that it has appointed Mr. Wei Ye as Executive President of the Company, which already took effect in April 2021. Mr. Shanglue Xiao, Chairman and Chief Executive Officer of Yunji, commented, "We are delighted to welcome aboard Wei to the Yunji team. With a proven track-record of success at the executive level, Wei's seasoned business acumen, significant leadership experience, and intimate knowledge of Chinese consumers will help to fuel our expansion efforts and support our long-term growth strategies. In this role, We

Total revenues in the first quarter of 2024 were RMB127.9 million (US$17.7 million), compared with RMB178.7 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 in the twelve months ended March 31, 2024 was 74.4%.

Yunji (NASDAQ:YJ) reported $17.71 million in sales this quarter. This is a 31.96 percent decrease over sales of $26.03 million the same period last year.

Gainers Yoshitsu Co (NASDAQ:TKLF) stock rose 20.0% to $0.36 during Monday's after-market session. The market value of their outstanding shares is at $15.1 million. Kirkland's (NASDAQ:KIRK) stock rose 17.29% to $2.17. The market value of their outstanding shares is at $28.2 million. GameStop (NYSE:GME) shares rose 12.84% to $21.44. The company's market cap stands at $6.5 billion. Boqii Holding (AMEX:BQ) stock moved upwards by 7.49% to $0.43. The company's market cap stands at $1.9 million. Volcon (NASDAQ:VLCN) shares increased by 6.92% to $0.21. The market value of their outstanding shares is at $5.2 million. Amesite (NASDAQ:AMST) stock rose 6.34% to $3.69. The company's market cap stan

Gainers Sonder Holdings (NASDAQ:SOND) shares increased by 18.2% to $5.52 during Wednesday's pre-market session. The market value of their outstanding shares is at $61.0 million. Vision Marine (NASDAQ:VMAR) stock rose 16.43% to $0.6. The market value of their outstanding shares is at $7.2 million. As per the news, the Q2 earnings report came out 2 days ago. Children's Place (NASDAQ:PLCE) shares rose 13.92% to $8.1. The company's market cap stands at $101.0 million. Kidpik (NASDAQ:PIK) stock increased by 10.1% to $4.03. The company's market cap stands at $7.8 million. Interactive Strength (NASDAQ:TRNR) stock moved upwards by 5.29% to $0.2. The company's market cap stands at $3.9 million.

Gainers Kaival Brands Innovations (NASDAQ:KAVL) shares rose 206.0% to $8.17 during Monday's regular session. The company's market cap stands at $23.3 million. Snap One Holdings (NASDAQ:SNPO) stock moved upwards by 30.34% to $10.61. The company's market cap stands at $812.0 million. Kidpik (NASDAQ:PIK) shares rose 21.35% to $4.83. The company's market cap stands at $9.4 million. The company's, Q4 earnings came out 3 days ago. Phoenix Motor (NASDAQ:PEV) shares increased by 16.27% to $0.85. The market value of their outstanding shares is at $28.2 million. E-Home Household Service (NASDAQ:EJH) stock moved upwards by 15.92% to $3.13. The company's market cap stands at $55.8 million. Fenbo H

Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that on April 3, 2024, the Listing Qualifications department of the Nasdaq Stock Market LLC ("Nasdaq") approved the Company's request to transfer the listing of the Company's American Depositary Shares (the "ADSs") from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer is expected to take effect at the opening of business on April 5, 2024. The transfer of the Company's listing to the Nasdaq Capital Market is not expected to have any impact on trading in the Company's ADSs. The Company's ADSs will continue to trade uninterruptedly under the symbol "YJ." T

Gainers Torrid Holdings (NYSE:CURV) stock rose 20.3% to $5.87 during Friday's after-market session. The market value of their outstanding shares is at $611.0 million. As per the news, the Q4 earnings report came out yesterday. U Power (NASDAQ:UCAR) shares moved upwards by 10.49% to $0.06. The market value of their outstanding shares is at $3.7 million. Xcel Brands (NASDAQ:XELB) stock moved upwards by 10.24% to $0.86. The company's market cap stands at $20.1 million. SRIVARU Holding (NASDAQ:SVMH) stock rose 8.13% to $0.24. The company's market cap stands at $7.7 million. Selina Hospitality (NASDAQ:SLNA) shares moved upwards by 7.38% to $0.16. The market value of their outstanding shares

Gainers Cazoo Gr (NYSE:CZOO) shares rose 42.1% to $5.51 during Tuesday's regular session. The company's market cap stands at $26.9 million. Krispy Kreme (NASDAQ:DNUT) stock increased by 26.18% to $15.71. The market value of their outstanding shares is at $2.6 billion. Lead Real Estate Co (NASDAQ:LRE) stock moved upwards by 14.28% to $4.32. The company's market cap stands at $58.9 million. Yunji (NASDAQ:YJ) shares moved upwards by 12.9% to $0.77. The market value of their outstanding shares is at $15.5 million. As per the press release, Q4 earnings came out 3 days ago. Allurion Technologies (NYSE:ALUR) shares increased by 12.49% to $1.89. The market value of their outstanding shares is a

Gainers Nova Lifestyle (NASDAQ:NVFY) shares moved upwards by 58.9% to $2.94 during Friday's regular session. The market value of their outstanding shares is at $4.8 million. Jeffs Brands (NASDAQ:JFBR) stock increased by 17.63% to $0.43. The market value of their outstanding shares is at $1.3 million. TCTM Kids IT Education (NASDAQ:TCTM) shares rose 15.53% to $2.9. The company's market cap stands at $28.2 million. Foresight Autonomous (NASDAQ:FRSX) shares rose 15.47% to $1.13. The market value of their outstanding shares is at $17.3 million. Jowell Global (NASDAQ:JWEL) shares rose 13.23% to $1.54. The company's market cap stands at $3.2 million. Yunji (NASDAQ:YJ) stock moved upwards by

Yunji (NASDAQ:YJ) reported quarterly losses of $(0.47) per share. This is a 2250 percent decrease over losses of $(0.02) per share from the same period last year. The company reported $21.01 million in sales this quarter. This is a 49.81 percent decrease over sales of $41.86 million the same period last year.

HANGZHOU, China, Nov. 21, 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 third quarter ended September 30, 2024[1]. Third Quarter 2024 Highlights Total revenues in the third quarter of 2024 were RMB86.6 million (US$12.4 million), compared with RMB145.1 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 tw

HANGZHOU, China, Nov. 14, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its third quarter financial results before the market opens on Thursday, November 21, 2024. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/. The Company will hold a conference call on Thursday, November 21, 2024 at 6:30 A.M. Eastern Time or 7:30 P.M. Beijing/Hong Kong Time to discuss its earnings. Listeners may access the call by dialing the following numbers: International: 1-412-902-4272 United States Toll Free: 1-888-346-8982

HANGZHOU, China, Sept. 30, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that it received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated September 27, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(2) and the matter is closed. As previously disclosed, on October 5, 2023, the Company received a letter from Nasdaq indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1), as the closing bid price of the ADSs had been below US$1.00

HANGZHOU, China, Sept. 11, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.000005 per share, from the current ADS Ratio of one (1) ADSs to one hundred (100) Class A ordinary shares to a new ADS Ratio of one (1) ADS to four hundred (400) Class A ordinary shares. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio. The Company anticipates that the change in the ADS Ratio will

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 Highlights Total 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 twe

HANGZHOU, China, Aug. 15, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its second quarter financial results before the market opens on Friday, August 23, 2024. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/. The Company will hold a conference call on Friday, August 23, 2024 at 7:30 A.M. Eastern Time or 7:30 P.M. Beijing/Hong Kong Time to discuss its earnings. Listeners may access the call by dialing the following numbers: International: 1-412-902-4272 United States Toll Free: 1-888-346-8982 Mainlan

HANGZHOU, China, June 11, 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 first quarter ended March 31, 2024[1]. First Quarter 2024 Highlights Total revenues in the first quarter of 2024 were RMB127.9 million (US$17.7 million), compared with RMB178.7 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 twelv

HANGZHOU, China, June 4, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its first quarter financial results before the market opens on Tuesday, June 11, 2024. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/. The Company will hold a conference call on Tuesday, June 11, 2024 at 7:30 A.M. Eastern Time or 7:30 P.M. Beijing/Hong Kong Time to discuss its earnings. Listeners may access the call by dialing the following numbers: International: 1-412-902-4272 United States Toll Free: 1-888-346-8982 Mainland Ch

HANGZHOU, China, April 25, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 25, 2024 Eastern Time. The annual report can be accessed on the Company's investor relations website at https://investor.yunjiglobal.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to [email protected]. About Yunj

HANGZHOU, China, April 4, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ:YJ), a leading membership-based social e-commerce platform, today announced that on April 3, 2024, the Listing Qualifications department of the Nasdaq Stock Market LLC ("Nasdaq") approved the Company's request to transfer the listing of the Company's American Depositary Shares (the "ADSs") from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer is expected to take effect at the opening of business on April 5, 2024. The transfer of the Company's listing to the Nasdaq Capital Market is not expected to have any impact on trading in the Company's ADSs. The Company's ADSs will continue to