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.

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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.

Yunji Inc reports Q3 revenue growth, focuses on health and wellness

Yunji Inc's Q3 performance reflects a focus on health and wellness, with notable achievements in revenue and brand success.
While facing challenges in profitability, the company maintains strong liquidity and strategic initiatives for future growth.
Opportunities in product expansion, innovation, and market presence offer potential for long-term value creation and competitive positioning.

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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.

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/.

Yunji to Report Fourth Quarter and Full Year 2021 Financial Results on March 17, 2022

HANGZHOU, China, Feb. 22, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced the launch of a premium product line under its private label brand, Solo Life. With an 11-year track record and billions in annual sales, Solo Life's new premium product line provides customers with higher-quality professional-level products, bringing customers peace of mind in terms of safety and efficacy.

Yunji Announces the Launch of a Premium Product Line by its Private Label Brand Solo Life

HANGZHOU, China, Jan. 28, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, announced that it will continue to provide its e-commerce service to its platform members during the China Ministry of Commerce's 2022 Online Lunar New Year Shopping Festival event ("the Event") and related holiday shopping campaigns. Yunji's theme for this year's Event is food.

Yunji's Private Label Food Brands Are a Hit With Members During 2022 Online Lunar New Year Shopping Festival

HANGZHOU, China, Jan. 12, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, announced that its private label Baiyueshan ("the Brand") brand continues to be a megahit among customers. The wolfberry puree (the "Product") that was recently launched under the Brand has generated tens of millions of Renminbi in sales since September 2021.

Yunji Expands and Further Develops High-end Private Label Health Food Brand Baiyueshan

HANGZHOU, China, Jan. 7, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced the launch of its private label Qingziyang ("the Brand") brand probiotics bolus solid beverage (the "Beverage"). The Beverage, with winner of the 2013 Nobel Prize in Physiology or Medicine Dr. Randy W.

Yunji Announces Launch of New Private Label Qingziyang Probiotics Beverage

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Yunji Inc. (YJ) CEO Shanglue Xiao on Q3 2021 Results - Earnings Call Transcript

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 initiative focusing on the development of private labels and exclusive products.

Yunji Announces Third Quarter 2021 Unaudited Financial Results

HANGZHOU, China, Nov. 19, 2021 /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 2021 financial results before the market opens on Monday, November 29, 2021. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/.

Yunji to Report Third Quarter 2021 Financial Results on November 29, 2021

HANGZHOU, China, Oct. 29, 2021 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that Mr. Wei Ying has resigned from his position as a director on the board of directors (the "Board") of Yunji and that the Board has appointed Ms.

Yunji Announces Appointment of New Director

Yunji Inc.'s (YJ) CEO Shanglue Xiao on Q2 2021 Results - Earnings Call Transcript

HANGZHOU, China, Aug. 26, 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 second quarter ended June 30, 2021 [1]. Second Quarter 2021 Highlights Total revenues in the second quarter of 2021 were RMB570.7 million (US$88.4 million), compared with RMB1,486.9 million in the same period of 2020, primarily due to the Company's focus on refining its product selection across all categories by upgrading its strategy to carefully curate products through the implementation of its megahit product pool initiative.

Yunji Announces Second Quarter 2021 Unaudited Financial Results

HANGZHOU, China, Aug. 20, 2021 (GLOBE NEWSWIRE) -- 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 2021 financial results before the market opens on Thursday, August 26, 2021. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/. The Company will hold a conference call on Thursday, August 26, 2021 at 7:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time to discuss its earnings.

Yunji to Report Second Quarter 2021 Financial Results on August 26, 2021

HANGZHOU, China, July 31, 2021 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it celebrated the 11th anniversary of its private label skincare brand Solo Life. Established in 2010 by Shanglue Xiao, the Company's Solo Life brand opened its first flagship store on Tmall, Alibaba's online retail platform for brand-name goods.

Yunji Announces 11th Anniversary of Solo Life, Its Premier Private Label Skincare Brand Incubated on the Yunji Platform

HANGZHOU, China, June 29, 2021 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it has officially launched its "Yunji 99" special sales portal on its Yunji App. Prominently featured on the Yunji app's main page, the portal funnels the platform's core traffic to a refined selection of megahit products across all categories.

Yunji Launches New "Yunji 99" Special Sales Portal on Mobile App

Yunji Inc. (YJ) CEO Shanglue Xiao on Q1 2021 Results - Earnings Call Transcript

HANGZHOU, China, May 27, 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 first quarter ended March 31, 2021 [1]. First Quarter 2021 Highlights Total revenues in the first quarter of 2021 were RMB675.4 million (US$103.1 million), compared with RMB1,649.2 million in the same period of 2020, primarily due to the Company's focus on upgrading its strategy of carefully curating products through the implementation of its megahit product pool initiative to refine its product selections across all platform categories, which is in line with the Company's long-term growth plan.

Yunji Announces First Quarter 2021 Unaudited Financial Results

HANGZHOU, China, May 21, 2021 (GLOBE NEWSWIRE) -- 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 2021 financial results before the market opens on Thursday, May 27, 2021. The earnings release will be available on the Company's investor relations website at https://investor.yunjiglobal.com/. The Company will host a conference call on Thursday, May 27, 2021, at 7:00 AM Eastern Time or 7:00 PM Beijing/Hong Kong Time to discuss its earnings.

Yunji to Report First Quarter 2021 Financial Results on May 27, 2021

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NEW YORK, May 7, 2021 /PRNewswire/ -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference ("dbVIC") on Tuesday, May 11 and Wednesday, May 12, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.  Representatives from participating companies based in Australia, China, Hong Kong, Greece, South Africa and the UK will respond to questions during formal presentations, and interact with investors via virtual trade booths.

Deutsche Bank's Depositary Receipts Virtual Investor Conference to be held May 11 and 12, 2021

HANGZHOU, China, April 26, 2021 (GLOBE NEWSWIRE) -- 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, 2020 with the Securities and Exchange Commission on April 26, 2021 Eastern Time. The annual report can be accessed on the Company's investor relations website at https://investor.yunjiglobal.com/. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to Yunji.IR@icrinc.com.

Yunji Filed 2020 Annual Report on Form 20-F

HANGZHOU, China, April 23, 2021 (GLOBE NEWSWIRE) -- Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it has appointed Mr. Wei Ye as Executive President of the Company, which already took effect in April 2021.

Yunji Announces Appointment of Executive President

Yunji, Inc. (YJ) CEO Shanglue Xiao on Q4 2020 Results - Earnings Call Transcript

HANGZHOU, CHINA, March 22, 2021 (GLOBE NEWSWIRE) -- 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, 20201.

News for Yunji Inc - ADR Stock (YJ)