Yunji Inc
NASDAQ:YJ
Yunji Inc
Yunji, Inc. engages in the provision of social e-commerce platform. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2019-05-03. The firm conducts its businesses mainly through a membership-based model. The firm offers products across a large variety of categories with the aim of catering to daily needs of their users and their households. The firm distributes its products primarily through Yunji Application (App) and mini programs and HTML-5 webpages available in major social platforms in China, including WeChat, QQ, Weibo.
Yunji, Inc. engages in the provision of social e-commerce platform. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2019-05-03. The firm conducts its businesses mainly through a membership-based model. The firm offers products across a large variety of categories with the aim of catering to daily needs of their users and their households. The firm distributes its products primarily through Yunji Application (App) and mini programs and HTML-5 webpages available in major social platforms in China, including WeChat, QQ, Weibo.
Revenue Decline: Yunji reported total revenue of RMB 158.3 million in the first half of 2025, down from RMB 233.8 million a year ago due to weaker consumer confidence and product mix adjustments.
Strong Gross Margin: Gross margin held relatively solid at 47.3%, supported by product curation and loyal customers.
Larger Net Loss: Net loss widened to RMB 100.7 million from RMB 8 million a year ago, driven by higher operating expenses and a one-time credit loss allowance.
Cost Management: Fulfillment, technology, and content expenses decreased, while G&A expenses rose mainly due to credit loss provisions.
Strategic Focus: Yunji continues to emphasize its organic health product strategy and is expanding public domain sales channels and community group leader partnerships.
Financial Position: Cash and equivalents plus short-term investments totaled RMB 217.1 million at period end, down from RMB 242.8 million at the end of 2024 but still enough to cover obligations.
