Wowo Limited (JMU) Reports Q2 Breakeven Loss
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Wowo Limited Reports Second Quarter 2016 Unaudited Financial Results
August 22, 2016 6:04 AM EDTBEIJING, Aug. 22, 2016 (GLOBE NEWSWIRE) -- Wowo Limited (the Company or JM Wowo) (NASDAQ: JMU), a leading B2B online e-commerce platform that provides integrated services to suppliers and customers in the foodservice industry in China, today announced its unaudited financial results for the second quarter of 2016 ended June 30, 2016.
Second Quarter 2016 Highlights
Revenues in the second quarter of 2016 were $56.1 million, an increase of 26.8% from $44.3 million in the first quarter of 2016.Gross loss was $45,000 in the second quarter 2016, improved from $156,000 in the first quarter of 2016.B2B... MoreJM Wowo Announces Appointment of New Independent Director
August 22, 2016 5:55 AM EDTBEIJING, Aug. 22, 2016 (GLOBE NEWSWIRE) -- Wowo Limited (the Company or JM Wowo) (NASDAQ: JMU), a leading B2B online e-commerce platform that provides integrated services to suppliers and customers in the foodservice industry in China, today announced that the Company has appointed Dr. Gang Yu as an independent director, effective immediately.
Dr. Gang Yu is the co-founder and Executive Chairman of New Peak Group (111.com.cn). Prior to... More
