Yunji reports a 39.18% year-over-year revenue decline and a GAAP net loss for the first half of the year.
Yunji reported first-half revenue of $14.19 million, down 39.18% from the same period last year. GAAP earnings per share stood at -$0.01, reflecting continued losses.
The company’s adjusted net loss narrowed to RMB72.3 million ($10.7 million) from RMB100.5 million in the prior-year period. Merchandise sales revenue reached RMB82.5 million ($12.2 million), though overall performance remained under pressure.
No immediate market reaction was disclosed in the release.