Industry information

In 2020, Q4’s revenue was 1.327 billion yuan, down 45.8% year on year From Gather financial report

The following is the In 2020, Q4’s revenue was 1.327 billion yuan, down 45.8% year on year From Gather financial report recommended by recordtrend.com. And this article belongs to the classification: Industry information.

In the afternoon of March 22, Beijing time, social e-commerce platform gathered (NASDAQ: YJ) today released the fourth quarter and full year financial report of 2020 as of December 31. In the fourth quarter, total revenue of Yunji was 1.327.4 billion yuan (US $203.4 million), compared with 2.449.4 billion yuan in the same period last year. The net loss was 77.3 million yuan (US $11.9 million), compared with a net loss of 4.9 million yuan in the same period last year. The adjusted net loss was 63.1 million yuan (about 9.6 million US dollars), compared with the net profit of 25.3 million yuan in the same period of last year.

In 2020, the total revenue of Yunji was 5.530 billion yuan (about 847.5 million US dollars), compared with 11.672 billion yuan in 2019. The net loss was 151.7 million yuan (US $23.2 million), compared with 123.8 million yuan in 2019. The adjusted net loss is 53.3 million yuan (about 9 million US dollars) and the net profit in 2019 is 4.4 million yuan.

Fourth quarter results:

Gmv was 11.7 billion yuan (US $1.8 billion), up from 11 billion yuan in the same period last year.

Total revenue was 1.327.4 billion yuan (US $203.4 million), compared with 2.449.4 billion yuan in the same period last year.

The cost of revenue was 986.6 million yuan (about 512 million US dollars), down 46.8% from 1.8549 billion yuan in the same period of last year.

The overall operating expenditure was 367.9 million yuan (about 56.4 million US dollars), down 44.5% from 662.4 million yuan in the same period last year.

The net loss was 77.3 million yuan (US $11.9 million), compared with a net loss of 4.9 million yuan in the same period last year.

The adjusted net loss was 63.1 million yuan (about 9.6 million US dollars), compared with the net profit of 25.3 million yuan in the same period of last year.

The basic and diluted losses per share attributable to common shareholders were both 0.04 yuan (about US $0.01), compared with 0.002 yuan in the same period last year.

2020 performance:

advertisement

Total revenue was 5.530 billion yuan (US $847.5 million), compared with 11.672 billion yuan in 2019.

The cost of revenue was 3.940 billion yuan (about US $603.8 million), down 57.4% from 9.249.5 billion yuan in 2019.

The overall operating expenditure was RMB 1.720.9 billion (US $263.7 million), compared with RMB 2.746 billion in 2019.

The net loss was 151.7 million yuan (US $23.2 million), compared with 123.8 million yuan in 2019.

The adjusted net loss is 53.3 million yuan (about 9 million US dollars) and the net profit in 2019 is 4.4 million yuan.

The basic and diluted loss per share attributable to common shareholders is RMB 0.07 (about US $0.01), compared with RMB 0.91 in 2019. Read more: the stock price dropped from US $11 to US $3.27. Q3’s revenue dropped 61.5% year on year in 2020. How to make use of human nature to do a good job in social E-commerce! (67 pages of the full report) DuoMeng’s “technology + service” boosts Jingteng’s plan to build a data-driven social e-commerce. Last year, the investment in mobile Internet reached a record $19.2 billion, with an average ROI of 28%. We have been kidnapped by the “circle of friends” Does the micro chamber of Commerce have a tomorrow? What does Jingdong expect from such a low conversion rate of wechat? Business Insider: Top 10 most promising technology fields: social e-commerce is on the list, social network is fighting e-commerce again: this time, the main personalized product recommendation meltwater: 2020 global social e-commerce guide and case (with download) the first consumption Carnival in the epidemic era, what are the opportunities for o2o and social e-commerce and other new retail? Pinduoduo: 1q20 revenue 6.54 billion yuan, up 44% year on year CTR: Retail opportunities in social e-commerce Nielsen: 80% of consumers’ unplanned shopping comes from social E-commerce

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button