Welcome to our dedicated page for Yunji news (Ticker: YJ), a resource for investors and traders seeking the latest updates and insights on Yunji stock.
Yunji Inc (NASDAQ: YJ) operates a pioneering membership-based social e-commerce platform in China, combining curated product offerings with community-driven engagement. This news hub provides investors and market observers with essential updates about the company's strategic initiatives and financial performance.
Access official press releases, earnings reports, and operational developments in one centralized location. Our curated selection includes updates on product expansions, supply chain enhancements, and technology implementations that shape Yunji's position in the competitive social commerce sector.
Regularly updated content covers corporate announcements ranging from leadership changes to partnership agreements, all vital for understanding the company's market trajectory. The collection serves as a reliable resource for tracking how Yunji's unique membership model adapts to evolving consumer trends and regulatory environments.
Bookmark this page for streamlined access to verified information about Yunji's business operations. Combine these updates with broader market analysis to maintain informed perspectives on this innovative e-commerce enterprise.
Yunji (NASDAQ: YJ), a leading membership-based social e-commerce platform in China, announced key management changes in its finance department. Mr. Yeqing Cui has resigned as Senior Financial Director and finance in charge, effective July 3, 2025. Ms. Nan Song, currently Senior Financial Director, will succeed Mr. Cui and report directly to CEO Mr. Shanglue Xiao.
Ms. Song brings significant internal experience, having served in various financial roles since joining Yunji in 2015, including General Ledger Accountant, Finance Manager, and Head of Financial Analysis. She holds a bachelor's degree in Accounting from Zhejiang University of Finance & Economics and previously worked at Zhejiang Xiaoye Network Technology.
Yunji Inc. (NASDAQ: YJ), a membership-based social e-commerce platform, announced a change in its independent registered public accounting firm. The company's board and audit committee approved the dismissal of PricewaterhouseCoopers Zhong Tian LLP (PwC) and appointed WWC, P.C. as its new auditor, effective May 22, 2025.
PwC's reports on Yunji's consolidated financial statements for fiscal years 2024 and 2023 contained no adverse opinions, disclaimers, or modifications. The company reported no disagreements with PwC on accounting principles, financial statement disclosure, or auditing procedures during the fiscal years 2023-2024 and through May 22, 2025. Additionally, there were no reportable events during this period.
Yunji Inc. (NASDAQ: YJ), a membership-based social e-commerce platform, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The filing was submitted to the Securities and Exchange Commission on April 24, 2025.
The report is accessible through the company's investor relations website. Shareholders and ADS holders can request a complimentary hard copy of the annual report, which includes audited consolidated financial statements, by contacting Yunji.IR@icrinc.com.
Yunji (NASDAQ: YJ) reported its Q4 and FY2024 financial results, showing declining revenues amid market challenges. Q4 total revenues decreased to RMB97.1 million (US$13.3M) from RMB149.1M in Q4 2023, while FY2024 revenues fell to RMB417.7 million from RMB640.2M in 2023.
The company maintained a 71.9% repeat purchase rate for 2024 while repositioning as a leading platform for organic health products. Q4 net loss widened to RMB85.0M (US$11.7M) compared to RMB65.9M in Q4 2023. The company optimized its cost structure through staff refinements and reduced fulfillment and technology expenses.
Management is focusing on high-margin, high-repeat purchase categories, particularly organic health foods and nutritional products, aiming to transform Yunji into an experiential health and wellness destination in 2025.
Yunji (NASDAQ: YJ), a leading membership-based social e-commerce platform, has scheduled the release of its fourth quarter and full year 2024 financial results for Monday, April 21, 2025, before market opening. The company will host a conference call at 7:30 A.M. Eastern Time (7:30 P.M. Beijing/Hong Kong Time) on the same day to discuss the results.
Investors can access the earnings release through Yunji's investor relations website at https://investor.yunjiglobal.com/. A conference call replay will be available until April 28, 2025, and a live and archived webcast will be accessible through the company's investor relations website.
Yunji Inc. (NASDAQ: YJ) reported its Q3 2024 financial results, showing total revenues of RMB86.6 million (US$12.4 million), down from RMB145.1 million in Q3 2023. The decline was attributed to soft consumer confidence and the company's strategy to refine product selection. The company maintained a 72.7% repeat purchase rate for the twelve months ended September 30, 2024. Operating expenses decreased by 24.0% to RMB73.9 million, while net loss was RMB30.0 million compared to RMB34.8 million in the same period last year.
Yunji Inc. (NASDAQ: YJ), a membership-based social e-commerce platform, announced it will release its third quarter 2024 financial results on November 21, 2024, before market opens. The company will host a conference call at 6:30 A.M. Eastern Time (7:30 P.M. Beijing/Hong Kong Time) on the same day to discuss the results. The earnings release will be available on their investor relations website, and a replay of the conference call will be accessible through November 28, 2024.
Yunji Inc. (NASDAQ: YJ), a leading membership-based social e-commerce platform, has regained compliance with Nasdaq's minimum bid price requirement. The company received a notification letter from Nasdaq on September 27, 2024, confirming its compliance with Listing Rule 5450(a)(2).
Previously, on October 5, 2023, Yunji was notified of non-compliance as its ADS closing bid price had been below $1.00 for 30 consecutive business days. After transferring from the Nasdaq Global Market to the Nasdaq Capital Market, Yunji was granted until September 30, 2024, to regain compliance.
The company successfully met the requirement by maintaining a closing bid price of $1.00 or greater for 10 consecutive business days from September 13 to September 26, 2024. With this achievement, Nasdaq has closed the matter, ensuring Yunji's continued listing on the exchange.
Yunji Inc. (NASDAQ: YJ), a leading membership-based social e-commerce platform, has announced plans to change its American Depositary Shares (ADS) ratio. The new ratio will be 1 ADS to 400 Class A ordinary shares, compared to the current 1:100 ratio. This change, effective around September 13, 2024, will have the same effect as a one-for-four reverse ADS split. ADS holders will need to exchange every four existing ADSs for one new ADS. The company's ADSs will continue trading on Nasdaq under the symbol 'YJ'. While the ADS trading price is expected to increase proportionally, Yunji cannot guarantee it will be equal to or greater than four times the previous price.
Yunji Inc. (NASDAQ: YJ) reported its Q2 2024 unaudited financial results. Total revenues decreased to RMB106.0 million (US$14.6 million) from RMB167.1 million in Q2 2023, due to soft consumer confidence and product selection refinement. The repeat purchase rate was 73.5%. The company focused on enhancing short videos, livestreaming, and offline initiatives to target the silver economy. Net loss narrowed to RMB11.9 million (US$1.6 million) from RMB41.5 million in Q2 2023. Adjusted net loss (non-GAAP) was RMB9.7 million (US$1.3 million). The company maintained a stable financial position while pursuing growth opportunities prudently.
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