Yunji Provides Members with Seamless E-Commerce Shopping Experience during 2021 Lunar New Year
2021年2月25日 - 8:00PM
Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading
membership-based social e-commerce platform, today reported the
results of its holiday celebration shopping campaigns and
continuous e-commerce service for platform members during the China
Ministry of Commerce’s 2021 Online Lunar New Year Shopping Festival
event.
According to cultural practices and traditions
in China, most businesses and retailers remain closed throughout
the Lunar New Year period as many merchants and consumers travel to
visit family and friends. During this year’s holiday period in
China, many consumers chose to shop for New Year groceries and
gifts online as a result of ongoing travel restrictions and safety
concerns related to the pandemic, which directly led to increased
volume and higher product delivery demand for e-commerce platforms.
As a result of its established e-commerce presence, Yunji was a
go-to destination for many of its members, who utilized its
shopping app and WeChat mini-program to not only purchase household
goods for their own families, but also to send holiday gifts to
those friends and families that they were unable to physically
visit during the 2021 Lunar New Year.
Yunji held numerous themed campaigns during the
2021 Lunar New Year period, such as the “New Look for Every Home”
household appliances campaign and the “New Year’s Eve Family
Dinner” food campaign. Yunji also held the “Limited New Year
Offerings in Final 48 Hours” campaign on its platform and special
flash sales to augment the sales of such products as food, fresh
produce, beverages, alcohol, and coronavirus containment materials.
Yunji’s members were quite receptive to these custom holiday
campaigns. For example, Yunji sold out of the first batch of its
private label food brand Li Ba Tian. Meanwhile, some products
achieved record sales on Yunji’s platform, collecting more than
RMB10 million in sales in just one day.
The Company leveraged its strong logistics
partner network to ensure that its members could receive their
products without interruption during the Lunar New Year period and
throughout the related holiday shopping campaigns. For instance, by
working closely with China Post, Yunji was able to make certain
successful product deliveries regardless of location in China.
Moreover, depending on the delivery capacity of Yunji’s logistics
partner in different regions, members were also offered with more
delivery options for purchased products based on their delivery
preference.
Yunji was also invited by Department of Commerce
of Zhejiang Province to participate in its local online Lunar New
Year shopping festival for regional products with Zhejiang
characteristics, alongside other reputable e-commerce industry
participants in the region, such as Alibaba Group.
Mr. Shanglue Xiao, Chairman and Chief Executive
Officer of Yunji, commented, “We are pleased that we successfully
delivered a quality e-commerce shopping experience to our members
without interruption during the 2021 Lunar New Year. We also
recorded outstanding results for products sourced from our
differentiated supply chain. Such success continues to showcase the
capability of our established logistics network and growing
reliance of our members on our platform for daily household
products.”
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.comPhone: +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