Streetbeat News

Yunji Inc.

https://www.yunjiglobal.com

Industry

Specialty Retail

Yunji Inc. operates a social e-commerce platform in the People's Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances. Yunji Inc. was founded in 2015 and is headquartered in Hangzhou, the People's Republic of China.

Open

1.72

Mkt cap

9.5M

Volume

17K

High

1.80

P/E Ratio

-0.04

52-wk high

4.72

Low

1.57

Div yield

N/A

52-wk low

1.42

Yunji shares are experiencing a decline following the announcement of a year-over-year decrease in Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:16 pm

Yunji (NASDAQ:YJ) reported a significant decrease in sales for Q2, with a 36.73% drop to $14.58 million compared to $23.05 million the previous year. The company also reported an adjusted net loss of $1.3 million.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 10:05 am

U.S. stocks closed lower as investors await Fed Chair Jerome Powell's speech at the Jackson Hole Economic Symposium. Williams-Sonoma shares fell over 9% after Q2 results, while Peloton shares surged 35% on better-than-expected earnings. The CNN Money Fear and Greed index remained in the 'Neutral' zone.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 6:40 am

Nikola Corporation's shares fell by 10.4% after announcing a securities purchase agreement and a mixed shelf offering. Other stocks like Alzamend Neuro and Virax Biolabs saw significant gains, while Liquidia Corporation and Theriva Biologics experienced notable declines.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 5:37 pm

Yunji reported a repeat purchase rate of 74.4% for the twelve months ending March 31, 2024. Total revenues for Q1 2024 were RMB127.9 million (US$17.7 million), down from RMB178.7 million in Q1 2023, due to soft consumer confidence and strategic product and supplier optimization.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:06 am

Yunji (NASDAQ:YJ) reported Q1 sales of $17.71 million, a 31.96% decrease from $26.03 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:01 am

The article highlights the performance of 12 consumer discretionary stocks during Monday's after-market session. Notable gainers include Yoshitsu Co (TKLF), Kirkland's (KIRK), and GameStop (GME), while significant losers include Color Star Tech (ADD), Hall Of Fame Resort (HOFV), and Lotus Technology (LOT).

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 8:31 pm

In Wednesday's pre-market session, 11 consumer discretionary stocks showed significant movement. Notably, Sonder Holdings, Vision Marine, and Children's Place were among the top gainers, with increases of 18.2%, 16.43%, and 13.92% respectively. On the downside, Kaixin Holdings, Connexa Sports Technologies, and Allied Gaming led the losers, with declines of 8.3%, 7.15%, and 5.29% respectively. Vision Marine's rise followed its Q2 earnings report released two days prior.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:08 pm

In Monday's intraday session, 12 consumer discretionary stocks showed significant movement. Kaival Brands Innovations and Snap One Holdings were among the top gainers, with shares rising 206% and 30.34% respectively. On the losing end, J-Long Group and Cazoo Gr experienced declines of 23.1% and 16.88%. Notably, Kidpik and Rent the Runway released their Q4 earnings three days ago, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 4:31 pm

Yunji Inc. (NASDAQ:YJ), a social e-commerce platform, has received approval from Nasdaq to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market effective April 5, 2024. This move comes after Yunji was notified of non-compliance with Nasdaq's minimum bid price requirement. The transfer grants Yunji an additional 180 days, until September 30, 2024, to meet the minimum bid price requirement of $1.00 per ADS for 10 consecutive business days. Yunji is considering options, including a reverse stock split, to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:13 pm

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