Yunji Announces First Quarter 2020 Unaudited Financial Results

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Yunji Inc. (YJ) Misses Q1 EPS by 4.9c on Revenues of $232.9M

June 3, 2020 6:34 AM EDT

Yunji Inc. (NASDAQ: YJ) reported Q1 EPS of $-0.001, $0.049 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $232.9 million.

First Quarter 2020 Highlights

GMV2 in the first quarter of 2020 increased by 2.9% to RMB7.0 billion (US$1.0 billion) from RMB6.8 billion in the same period of 2019. GMV related to marketplace revenues in the first quarter of 2020 was RMB4.1 billion (US$ 0.6 billion), compared with... More