Yunji Announces Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results and US$20 Million Share Repurchase Program
Yunji Inc. - American Depository Shares (YJ)
Last yunji inc. - american depository shares earnings: 3/24 05:30 am
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Source: PR Newswire
HANGZHOU, China, March 17, 2022 /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 fourth quarter and fiscal year ended December 31, 2021[1] and the authorization by its board of directors of a US$20 million share repurchase program.Fourth Quarter 2021 HighlightsTotal revenues in the fourth quarter of 2021 were RMB471.4 million (US$74.0 million), compared with RMB1,327.4 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 initiative focusing on the development of private labels and exclusive products. In line with the Company's long-term growth strategy to focus on profitability, the Company optimized its selection of suppliers and merchants during this refinement process, causing near-term decreases in both its mar
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YJ
News
- Yunji Files 2023 Annual Report on Form 20-FPR Newswire
- Yunji receives approval to transfer listing from Nasdaq Global Market to Nasdaq Capital Market [Seeking Alpha]Seeking Alpha
- Yunji Receives Approval to Transfer to Nasdaq Capital Market [Yahoo! Finance]Yahoo! Finance
- Yunji Receives Approval to Transfer to Nasdaq Capital MarketPR Newswire
- Yunji Inc. (NASDAQ:YJ) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
YJ
Sec Filings
- 4/25/24 - Form 20-F
- 4/4/24 - Form 6-K
- 3/21/24 - Form 6-K
- YJ's page on the SEC website