Yunji Inc. (YJ) Reports Q3 Adjusted Net Income of RMB 76.3M

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Yunji Announces Third Quarter 2021 Unaudited Financial Results

November 29, 2021 5:00 AM EST

HANGZHOU, China, Nov. 29, 2021 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced its unaudited financial results for the third quarter ended September 30, 2021[1].

Third Quarter 2021 Highlights

Total revenues in the third quarter of 2021 were RMB437.9 million (US$68.0 million), compared with RMB1,066.7 million in the same period of 2020, primarily due to the Company's strategy to refine its product selection across all categories and carefully curate products to implement its megahit product pool... More