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Stock impact report

Yunji: A Fasting Growing E-Commerce Platform In China [Seeking Alpha]

Yunji Inc. - American Depository Shares (YJ) 
Last yunji inc. - american depository shares earnings: 3/24 05:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Yunji: A Fasting Growing E-Commerce Platform In China Yunji: Fasting Growing E-commerce Platform in China When talking about China's E-commerce market, Alibaba (NYSE: BABA JD.com pinduoduo.com PDD exceeding JD Today we are talking about another fast-growing e-commerce platform, Yunji Inc. (NASDAQ: YJ The company has experienced exponential growth since its inception. The total revenues grew more than 10x in just 3 years to over RMB 13 Billion in 2018. Source: YJ's Prospectus In Q1 2019, YJ's GMV increased by 93.7% year-over-year to RMB6.8 billion from RMB3.5 billion during the period of 2018, and revenues increased by 53.2% year-over-year to RMB3.4 billion. One thing that drew our attention when looking at the growth trajectory of YJ is that, given the similar level of generated revenue between YJ and PDD, YJ shows a much better profitability: TechCrunch In Q1 2019, YJ reported a net income of RMB16.9 million compared to a net loss of RMB81.7 million in the first quarter of 2018. It's Show less Read more
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