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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
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, 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
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6-K - Yunji Inc. (0001759614) (Filer)
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6-K - Yunji Inc. (0001759614) (Filer)
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, 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