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Yunji Reported Repeat Purchase Rate of 74.4% In The Twelve Months Ended March 31, 2024

Author: Benzinga Newsdesk | June 11, 2024 06:06am

Total revenues in the first quarter of 2024 were RMB127.9 million (US$17.7 million), compared with RMB178.7 million in the same period of 2023. The change was primarily due to soft consumer confidence and the Company's continued strategy to refine its product selection across all categories and optimize its selection of suppliers and merchants, which had a near-term impact on sales.
Repeat purchase rate in the twelve months ended March 31, 2024 was 74.4%.

Posted In: YJ