Yunji Announces the Signing of a Cooperative Framework Agreement with Douyin
2020年11月25日 - 6:30AM
Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading
membership-based social e-commerce platform, today announced that
it has signed a cooperative framework agreement (the “Agreement”)
with Douyin, a leading Chinese live streaming platform owned by
Bytedance. The Agreement’s establishment is in line with the
Company’s strategy of exploring the live streaming potential of
external platforms in such areas as product supply chain,
e-commerce streamer resources, and platform traffic.
Through the Agreement, the Company will leverage its online
store and video account on Douyin to introduce and promote more
quality products sourced from its differentiated supply chain. In
addition, through attractive live streaming events on Douyin, the
Company will also be able to expand the influence of the
high-quality private label and joint-venture brands in its network
to external platforms as well as provide a broader consumer base
range with access to its premium products.
On September 25, the Company chose to make its
live streaming debut in streamer Yonghao Luo’s live streaming room.
As part of this event, Yunji Founder and CEO Shanglue Xiao made a
guest appearance and introduced a number of select goods to the
audience. This live steaming event reached 10.7 million views and
recorded RMB87.5 million in gross merchandise value (“GMV”).
Subsequently, Yunji collaborated with streamer Xiong Bao and
achieved good results. During Yunji's Double Eleven Shopping
Carnival, Yunji cooperated with streamer Yi Ge and recorded RMB50.2
million in GMV. Notably, Yunji has generated a cumulative GMV of
RMB170.0 million through the three live streaming events it has
hosted on Douyin to date.
Safe Harbor Statements
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “confident,”
“potential,” “continue” or other similar expressions. Among other
things, the quotations from management in this announcement, as
well as Yunji’s strategic and operational plans, contain
forward-looking statements. Yunji may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including but not limited to statements about Yunji’s
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: Yunji’s
growth strategies; its future business development, results of
operations and financial condition; its ability to understand buyer
needs and provide products and services to attract and retain
buyers; its ability to maintain and enhance the recognition and
reputation of its brand; its ability to rely on merchants and
third-party logistics service providers to provide delivery
services to buyers; its ability to maintain and improve quality
control policies and measures; its ability to establish and
maintain relationships with merchants; trends and competition in
China’s e-commerce market; changes in its revenues and certain cost
or expense items; the expected growth of China’s e-commerce market;
PRC governmental policies and regulations relating to Yunji’s
industry, and general economic and business conditions globally and
in China and assumptions underlying or related to any of the
foregoing. Further information regarding these and other risks is
included in Yunji’s filings with the SEC. All information provided
in this press release and in the attachments is as of the date of
this press release, and Yunji undertakes no obligation to update
any forward-looking statement, except as required under applicable
law.
About Yunji Inc.
Yunji Inc. is a leading social e-commerce
platform in China that has pioneered a unique, membership-based
model to leverage the power of social interactions. The Company's
e-commerce platform offers high-quality products at attractive
prices across a wide variety of categories catering to the
day-to-day needs of Chinese consumers. In addition, the Company
uses advanced technologies including big data and artificial
intelligence to optimize user experience and incentivize members to
promote the platform as well as share products with their social
contacts. Through deliberate product curation, centralized
merchandise sourcing, and efficient supply chain management, Yunji
has established itself as a trustworthy e-commerce platform with
high-quality products and exclusive membership benefits, including
discounted prices.
For more information, please visit
https://investor.yunjiglobal.com/
Investor Relations Contact
Yunji Inc.Investor RelationsEmail:
Yunji.IR@icrinc.com Phone: +1 (646) 224-6957
ICR, Inc.Xinran RaoEmail: Yunji.IR@icrinc.com Phone: +1
(646) 224-6957
Yunji (NASDAQ:YJ)
過去 株価チャート
から 6 2024 まで 7 2024
Yunji (NASDAQ:YJ)
過去 株価チャート
から 7 2023 まで 7 2024