Secoo Holding (SECO) Reports Q1 Loss of $0.12/sh

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Secoo Reports Unaudited First Quarter 2020 Results

July 16, 2020 6:31 AM EDT

BEIJING, July 16, 2020 (GLOBE NEWSWIRE) -- Secoo Holding Limited (Secoo, the Company or We) (NASDAQ: SECO), Asia's largest online integrated upscale products and services platform, today announced its unaudited financial results for the first quarter ended March 31, 2020.

Highlights for First Quarter 2020:

GMV1 reached RMB2,476.0 million (US$349.7 million) for Q1 2020, representing an increase of 12.2% from RMB2,206.5 million for Q1 2019.

Total number of orders2 was 723.0 thousand for Q1 2020, representing an increase of 11.6% from 647.6 thousand for Q1... More