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

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

Yunji Announces First Quarter 2020 Unaudited Financial Results

June 3, 2020 6:31 AM EDT

HANGZHOU, China, June 03, 2020 (GLOBE NEWSWIRE) -- 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, 20201.

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... More