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China Youzan's revenue in the first half of the year was 686 million, and its GMV was about 49.9 billion

Posted: Sun Dec 22, 2024 10:51 am
by Rina77RS
In August 2024, China Lilang also signed an agreement with Descente to establish a joint venture company, "MUNSINGWEAR (China) Co., Ltd. (tentative name)". China Lilang holds a 54% stake in the new joint venture. They will operate and engage in the design, sales and distribution of products with the "MUNSINGWEAR" trademark in China.

China Lilang went public in September 2009. As of the close of August 12, the company's share price was HK$4.11 per share.

In the first half of 2024, GMV was approximately RMB 49.9 billion, an increase of approximately 2% year-on-year. Among them, the GMV from store SaaS business was approximately RMB 25 billion, and the proportion increased to approximately 50%, an increase of 7% year-on-year.

During the reporting period, the average sales of a single whatsapp number in australia merchant on Youzan was about 840,000 yuan, an increase of about 25% year-on-year. In addition.

Youzan's revenue in the first half of the year was 686 million yuan, a year-on-year decrease of 5.2%, of which subscription solution revenue was 378 million yuan, a year-on-year decrease of 10.6%, and merchant solution revenue was 307 million yuan, a year-on-year increase of 2.2%. In the first half of 2024, Youzan's net loss was 4.295 million yuan, a year-on-year narrowing of 76.7%.

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In the second quarter, KFC's total revenue was approximately US$2.014 billion, a year-on-year increase of 2%; system sales increased by 5% year-on-year; takeaway sales increased by 12% year-on-year, accounting for approximately 38% of KFC restaurant revenue. Non-dine-in business accounts for approximately 67% of KFC restaurant revenue.

As customers with less purchasing power are more cautious about luxury goods consumption and tend to buy more discounted products when traveling abroad, the rental income and tenant sales of Shanghai Henglong Plaza fell by 8% and 23% year-on-year respectively. As for office buildings, due to the expiration of leases of a small number of major tenants, the income of the two Grade A office buildings of Shanghai Henglong Plaza fell by 7% year-on-year, and the occupancy rate also fell by 10 percentage points to 88%.