Yunji Announces Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results
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Yunji Inc. (YJ) Misses Q4 EPS by 13c
March 24, 2020 5:57 AM EDTYunji Inc. (NASDAQ: YJ) reported Q4 EPS of $-0.0003, $0.13 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $351.8 million.
Fourth Quarter 2019 Highlights
GMV2 in the fourth quarter of 2019 increased by 36.1% year over year to RMB11.0 billion (US$1.6 billion) from RMB8.1 billion in the same period of 2018 as a result of the Companys effective merchandising, which helped to further increase its competitive differentiation. GMV related to marketplace revenues was RMB5.0 billion (US$ 0.7 billion) in the fourth quarter of 2019, compared with nil in the same period of 2018.Total revenues... More