Yunji Inc - ADR

Yunji, Inc. engages in the provision of social e-commerce platform. The firm offers Yunji App, a combination of Yunji VIP App and Yunji Flagship App. It also provides solutions and services that allow suppliers to benefit from the firm's scale of operations and marketing capabilities. The company was founded by Shang Lüe Xiao in May 2015 and is headquartered in Hangzhou, China.

Earnings data Q4 2020

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Yunji Inc reports Q1 revenue growth, operational challenges addressed innovatively

Yunji Inc's Q1 2024 performance reflected revenue growth, operational challenges, and strategic strengths in brand innovation and market responsiveness.
The company's focus on high-quality growth, innovation in beauty products, and cash liquidity positions it well for future opportunities and challenges.
While facing operational losses, Yunji's emphasis on efficiency and adaptability signals readiness to navigate the evolving economic landscape.
Strategic initiatives in offline expansion, digital engagement, and health products offer avenues for growth and market differentiation.

Yunji Inc reports revenue growth and strategic focus on customer engagement

Yunji Inc's Q2 2024 performance showed revenue growth, margin stability, and improved net loss compared to the previous year.
Strategic strengths in product quality, marketing innovation, and customer targeting position the company for future growth.
Challenges in reducing losses and optimizing costs require ongoing attention, while opportunities in expansion and brand development offer potential upside.

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Yunji, Inc. is a holding company, which engages in the provision of social e-commerce platforms. It offers Yunji App, a combination of Yunji VIP App and Yunji Flagship App. It also provides solutions and services that allow suppliers to benefit from the firm's scale of operations and marketing capabilities. The company was founded by Shang Lüe Xiao in May 2015 and is headquartered in Hangzhou, China.

HANGZHOU, China , June 2, 2023 /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 first quarter ended March 31, 2023 [1]. First Quarter 2023 Highlights Total revenues in the first quarter of 2023 were RMB178.7 million (US$26.0 million), compared with RMB342.6 million in the same period of 2022.

Yunji Announces First Quarter 2023 Unaudited Financial Results

HANGZHOU, China , May 25, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its first quarter 2023 financial results before the market opens on Friday, June 2, 2023. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/.

Yunji to Report First Quarter 2023 Financial Results on June 2, 2023

HANGZHOU, China , April 26, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission on April 26, 2023 Eastern Time. The annual report can be accessed on the Company's investor relations website at https://investor.yunjiglobal.com.

Yunji Files 2022 Annual Report on Form 20-F

Yunji Inc. (NASDAQ:YJ) Q4 2022 Results Conference Call March 20, 2023 7:00 AM ET

Yunji Inc. (YJ) Q4 2022 Earnings Call Transcript

HANGZHOU, China , March 20, 2023  /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, 2022 [1]. Fourth Quarter 2022 Highlights Total revenues in the fourth quarter of 2022 were RMB288.7 million (US$41.9 million), compared with RMB471.4 million in the same period of 2021.

Yunji Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

HANGZHOU, China , March 13, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its fourth quarter and full year 2022 financial results before the market opens on Monday, March 20, 2023. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/.

Yunji to Report Fourth Quarter and Full Year 2022 Financial Results on March 20, 2023

HANGZHOU, China , Jan. 5, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that the final large-scale promotional event before the Lunar New Year, the New Year Festive Goods Shopping Festival ("the Event"), successfully concluded at the end of December 2022. The Event showcased and promoted Yunji's flagship products across a wide variety of different categories.

Yunji Successfully Concludes its New Year Festive Goods Shopping Festival

Yunji Inc. (NASDAQ:YJ ) Q3 2022 Earnings Conference Call November 29, 2022 7:00 AM ET Company Participants Kaye Liu - Investor Relations Director Shanglue Xiao - Chairman & Chief Executive Officer Peng Zhang - Vice President of Finance Conference Call Participants Ethan Yu - First Trust China Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to Yunji's Third Quarter 2022 Earnings Conference Call.

Yunji Inc. (YJ) Q3 2022 Earnings Call Transcript

HANGZHOU, China , Nov. 29, 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 third quarter ended September 30, 2022 [1]. Third Quarter 2022 Highlights Total revenues in the third quarter of 2022 were RMB238.9 million (US$33.6 million), compared with RMB437.9 million in the same period of 2021.

Yunji Announces Third Quarter 2022 Unaudited Financial Results

HANGZHOU, China , Nov. 22, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its third quarter 2022 financial results before the market opens on Tuesday, November 29, 2022. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/.

Yunji to Report Third Quarter 2022 Financial Results on November 29, 2022

Yunji Inc. (NASDAQ:YJ ) Q2 2022 Earnings Conference Call August 25, 2022 7:30 AM ET Company Participants Shanglue Xiao – Chairman and Chief Executive Officer Peng Zhang – Vice President-Finance Kaye Liu – Investor Relations Director Conference Call Participants Ethan Yu – First Trust, China Operator Good morning and good evening, ladies and gentlemen. Thank you, and welcome to Yunji's Second Quarter 2022 Earnings Conference Call.

Yunji Inc. (YJ) Q2 2022 Earnings Call Transcript

HANGZHOU, China , Aug. 25, 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 second quarter ended June 30, 2022 1. Second Quarter 2022 Highlights Total revenues in the second quarter of 2022 were RMB284.0 million (US$42.4 million), compared with RMB570.7 million in the same period of 2021, primarily due to the negative impact of the outbreaks of the highly-transmissible Delta and Omicron variants of COVID-19 in the first half of 2022 on the Company's operations and the Company's continued strategy to refine its product selection across all categories and optimize its selection of suppliers and merchants, causing near-term decreases in sales.

Yunji Announces Second Quarter 2022 Unaudited Financial Results

HANGZHOU, China , Aug. 17, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its second quarter 2022 financial results before the market opens on Thursday, August 25, 2022. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/.

Yunji to Report Second Quarter 2022 Financial Results on August 25, 2022

HANGZHOU, China , Aug. 1, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced the celebration of its private-label skin care brand SUYE's 12th anniversary. SUYE generated over 21 million RMB sales of its high-quality products during its anniversary month of July, including its newly launched GHK-Cu (Copper Glycyl-histidine-tripeptide) multi-effect repairing freeze dried set and polypeptide anti-wrinkle kit.

Yunji's Technology-empowered Private Label SUYE Celebrates Its 12th Anniversary

HANGZHOU, China , June 28, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that the Company's ongoing development of innovative technology is yielding positive results. The recently-launched second generation of Yunji's megahit product, fruit and vegetable pressed candy from its private label Qingziyang, reached the milestone of five million sales within one minute and ten million sales within twenty minutes during its launch day on June 14, 2022.

Yunji Empowers Its Private Label Brand Qingziyang With Advanced Technology

Yunji Inc (NASDAQ: YJ) reported a first-quarter FY22 sales decline of 49.3% year-on-year, to RMB342.6 million ($54 million), compared to RMB675.4 million last year. The decrease was primarily due to the negative impact of the outbreaks of the highly-transmissible Delta and Omicron.

Yunji Clocks 49% Revenue Decline In Q1

HANGZHOU, China , May 31, 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 first quarter ended March 31, 2022 [1]. First Quarter 2022 Highlights Total revenues in the first quarter of 2022 were RMB342.6 million (US$54.0 million), compared with RMB675.4 million in the same period of 2021, primarily due to the negative impact of the outbreaks of the highly-transmissible Delta and Omicron variants of COVID-19 in early 2022 on the Company's operations and the Company's continued strategy to refine its product selection across all categories and optimize its selection of suppliers and merchants, causing near-term decreases in sales.

Yunji Announces First Quarter 2022 Unaudited Financial Results

HANGZHOU, China , May 25, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its first quarter 2022 financial results before the market opens on Tuesday, May 31, 2022. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/.

Yunji to Report First Quarter 2022 Financial Results on May 31, 2022

HANGZHOU, China , May 19, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, is celebrating its seventh anniversary this month. During its seventh year in business, Yunji further updated the product curation strategy it has adhered to since its establishment.

Yunji Marks Seven-Year Anniversary with Product Curation Strategy Upgrade

HANGZHOU, China , May 5, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA"). The Company has been provisionally identified by the United States Securities and Exchange Commission (the "SEC") under the HFCAA as a Commission-Identified Issuer on May 4, 2022.

Yunji Provides Update on Status under Holding Foreign Companies Accountable Act

HANGZHOU, China , May 1, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that Mr. Chengqi Zhang has resigned as Vice President of Finance of the company for personal reasons, effective May 6, 2022.

Yunji Announces Changes to Management

HANGZHOU, China , April 26, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on April 26, 2022 Eastern Time. The annual report can be accessed on the Company's investor relations website at https://investor.yunjiglobal.com.

Yunji Files 2021 Annual Report on Form 20-F

Yunji Inc. (YJ) CEO Shanglue Xiao on Q4 2021 Results - Earnings Call Transcript

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 Highlights Total 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.

Yunji Announces Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results and US$20 Million Share Repurchase Program

HANGZHOU, China, March 7, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its fourth quarter and full year 2021 financial results before the market opens on Thursday, March 17, 2022. The earnings release will be available on the Company's investor relations website at  https://investor.yunjiglobal.com/.

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