Yunji (YJ) Shares Surge 33% Amid Reduced Losses

Dec 11, 2024

Yunji (YJ, Financial) saw its stock rise nearly 33% in pre-market trading, reaching $2.15. For the first three quarters of fiscal year 2024, Yunji reported total revenue of 321 million yuan, a decrease of 34.73% compared to 491 million yuan during the same period last year. However, the company's net loss significantly narrowed to 38.08 million yuan, down 61.64% from the previous year's net loss of 99.27 million yuan.

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