Yunji Inc: Falls on lower Q3 revenue, wider loss

Yunji

27/11/2020 10:25

** Shares of e-commerce platform  YJ.O  down 17% at $4.09
premarket 
    ** Co on Thursday posted Q3 revenue of 1.06 mln yuan 
($161,179.96), vs 2.7 mln yuan a year earlier  urn:newsml:reuters.com:*:nGNX8z0fyT
    ** YJ says fall in revenue is primarily due to a decrease in
sales of merchandise
    ** Co reports Q3 adj net loss 36,392 yuan vs a loss of
24,899 yuan a year earlier
    ** YJ shares up 7.64% YTD


($1 = 6.5765 Chinese yuan renminbi)

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com;))