Yunji Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results
Financial Performance Overview: Yunji Inc. reported a significant decline in total revenues for Q4 2024, amounting to RMB97.1 million (US$13.3 million), down from RMB149.1 million in Q4 2023, primarily due to soft consumer confidence and strategic changes in product selection. The company also experienced an increased net loss of RMB85.0 million (US$11.7 million) compared to RMB65.9 million in the same period last year.
Strategic Focus and Future Plans: The CEO emphasized a shift towards becoming a leading platform for organic health products, aiming to enhance profitability through a focus on high-margin categories and operational optimization. The company plans to invest strategically in 2025 to drive sustainable growth while maintaining financial discipline.
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DarkIris Inc Reports 27.3% Revenue Growth, Shares Surge
- Significant Revenue Growth: DarkIris Inc reported a year-over-year revenue increase of 27.3% for FY25, reaching $10.08 million compared to $7.92 million in FY24, indicating strong market performance and growth potential.
- Stock Price Surge: Following the positive earnings report, DarkIris shares jumped 104.2% in pre-market trading to $0.68, reflecting investor optimism about the company's future prospects.
- Positive Market Reaction: The release of this earnings report has significantly increased market attention on DarkIris, enhancing investor confidence in its continued growth and potentially attracting more capital inflow.
- Optimistic Industry Outlook: The robust performance of DarkIris not only strengthens its market position but may also provide more opportunities for future financing and expansion plans, further solidifying its competitive edge in the industry.
Yunji Announces First Half 2025 Unaudited Financial Results
Financial Performance: Yunji Inc. reported total revenues of RMB158.3 million (US$22.1 million) for the first half of 2025, a decline from RMB233.8 million in the same period of 2024, attributed to soft consumer confidence and strategic product selection refinements.
Operational Changes: The company is focusing on becoming a trusted advocate for organic living by enhancing customer engagement through a portfolio of organic health products and wellness experiences, while also optimizing its cost structure and capital allocation.
Losses and Expenses: Yunji experienced a significant increase in operating losses, reporting a loss from operations of RMB100.4 million (US$14.0 million) compared to RMB32.4 million in 2024, with total operating expenses rising by 20.3%.
Future Outlook: The company plans to maintain financial discipline and support long-term growth while expanding user acquisition through both online and offline channels, despite facing challenges in the e-commerce market.
Yunji to Report 2025 Interim Financial Results on August 21, 2025
Earnings Release Announcement: Yunji Inc. plans to release its unaudited interim financial results on August 21, 2025, and will hold a conference call at 7:30 A.M. Eastern Time to discuss the earnings.
Company Overview: Yunji Inc. is a leading social e-commerce platform in China that utilizes a membership-based model to offer high-quality products at competitive prices, leveraging advanced technologies for enhanced user experience.
Yunji Announces Changes in Management
Management Changes at Yunji Inc.: Mr. Yeqing Cui has resigned as Senior Financial Director of Yunji Inc., effective July 3, 2025, and will be succeeded by Ms. Nan Song, who has extensive experience within the company.
Company Overview: Yunji Inc. is a leading social e-commerce platform in China that utilizes a membership-based model to offer high-quality products at competitive prices, leveraging advanced technologies for enhanced user experience.
Zhihu Inc. Announces Change of Independent Director
Board Changes at Zhihu Inc.: Zhihu Inc. has appointed Dr. Li-Lan Cheng as an independent director and chairman of the audit committee, while Mr. Hanhui Sam Sun has resigned from the board due to other commitments, effective May 27, 2025.
Dr. Li-Lan Cheng's Background: Dr. Cheng brings extensive experience in finance and corporate governance, having held various executive roles in companies like E-House and SouFun Holdings, and is a chartered financial analyst with degrees from Swarthmore College and MIT.
Yunji Selects WWC, P.C. as its Independent Registered Public Accounting Firm
Change in Accounting Firm: Yunji Inc. has dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent registered public accounting firm and appointed WWC, P.C. effective May 22, 2025, with no disagreements reported during the transition.
Company Overview: Yunji Inc. is a leading membership-based social e-commerce platform in China, utilizing advanced technologies to enhance user experience and provide high-quality products at competitive prices through a unique model that encourages social sharing.
DarkIris Inc Reports 27.3% Revenue Growth, Shares Surge
- Significant Revenue Growth: DarkIris Inc reported a year-over-year revenue increase of 27.3% for FY25, reaching $10.08 million compared to $7.92 million in FY24, indicating strong market performance and growth potential.
- Stock Price Surge: Following the positive earnings report, DarkIris shares jumped 104.2% in pre-market trading to $0.68, reflecting investor optimism about the company's future prospects.
- Positive Market Reaction: The release of this earnings report has significantly increased market attention on DarkIris, enhancing investor confidence in its continued growth and potentially attracting more capital inflow.
- Optimistic Industry Outlook: The robust performance of DarkIris not only strengthens its market position but may also provide more opportunities for future financing and expansion plans, further solidifying its competitive edge in the industry.
Yunji Announces First Half 2025 Unaudited Financial Results
Financial Performance: Yunji Inc. reported total revenues of RMB158.3 million (US$22.1 million) for the first half of 2025, a decline from RMB233.8 million in the same period of 2024, attributed to soft consumer confidence and strategic product selection refinements.
Operational Changes: The company is focusing on becoming a trusted advocate for organic living by enhancing customer engagement through a portfolio of organic health products and wellness experiences, while also optimizing its cost structure and capital allocation.
Losses and Expenses: Yunji experienced a significant increase in operating losses, reporting a loss from operations of RMB100.4 million (US$14.0 million) compared to RMB32.4 million in 2024, with total operating expenses rising by 20.3%.
Future Outlook: The company plans to maintain financial discipline and support long-term growth while expanding user acquisition through both online and offline channels, despite facing challenges in the e-commerce market.
Yunji to Report 2025 Interim Financial Results on August 21, 2025
Earnings Release Announcement: Yunji Inc. plans to release its unaudited interim financial results on August 21, 2025, and will hold a conference call at 7:30 A.M. Eastern Time to discuss the earnings.
Company Overview: Yunji Inc. is a leading social e-commerce platform in China that utilizes a membership-based model to offer high-quality products at competitive prices, leveraging advanced technologies for enhanced user experience.
Yunji Announces Changes in Management
Management Changes at Yunji Inc.: Mr. Yeqing Cui has resigned as Senior Financial Director of Yunji Inc., effective July 3, 2025, and will be succeeded by Ms. Nan Song, who has extensive experience within the company.
Company Overview: Yunji Inc. is a leading social e-commerce platform in China that utilizes a membership-based model to offer high-quality products at competitive prices, leveraging advanced technologies for enhanced user experience.
Zhihu Inc. Announces Change of Independent Director
Board Changes at Zhihu Inc.: Zhihu Inc. has appointed Dr. Li-Lan Cheng as an independent director and chairman of the audit committee, while Mr. Hanhui Sam Sun has resigned from the board due to other commitments, effective May 27, 2025.
Dr. Li-Lan Cheng's Background: Dr. Cheng brings extensive experience in finance and corporate governance, having held various executive roles in companies like E-House and SouFun Holdings, and is a chartered financial analyst with degrees from Swarthmore College and MIT.
Yunji Selects WWC, P.C. as its Independent Registered Public Accounting Firm
Change in Accounting Firm: Yunji Inc. has dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent registered public accounting firm and appointed WWC, P.C. effective May 22, 2025, with no disagreements reported during the transition.
Company Overview: Yunji Inc. is a leading membership-based social e-commerce platform in China, utilizing advanced technologies to enhance user experience and provide high-quality products at competitive prices through a unique model that encourages social sharing.
