Titanium Media App reported on August 9 that China Youzan, a Hong Kong-listed SaaS service provider, released its performance report as of June 30, 2022. According to the financial report, China Youzan's GMV in the first half of 2022 reached 47.9 billion yuan, which was the same as the same period in 2021, and the GMV of non-Kuishou channels increased by 25% year-on-year. In the first half of 2022, Youzan's new paying merchants increased by 5% year-on-year, of which the new paying merchants from store SaaS accounted for about 50%; the existing paying merchants increased by 4% year-on-year, and the proportion of store SaaS product merchants has reached 40% %, more than doubled year-on-year, while GMV from store SaaS business was approximately RMB 19.4 billion, accounting for 41%. In the second quarter, Youzan's sales expenses decreased by 14.6% from the first quarter; administrative expenses decreased by 41.8% from the previous quarter; other operating expenses decreased by 76.2% from the previous quarter, which also narrowed Youzan's operating loss in the second quarter by 48.9% year-on-year. %, a decrease of 62.2% month-on-month, the effect of cost reduction and expense control has gradually emerged, and operating cash flow and operating results have been significantly improved.
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- 2022-08-09Youzan ‘s GMV in the first half of the year reached 47.9 billion yuan, and the loss narrowed significantly
- 2022-03-30Youzan CEO Bai Ya sends an internal letter to review the overall situation and announce future adjustment plans
- 2022-03-28 You Zan responded: This round of layoffs is 20%, involving about 1,000 people
- 2022-01-21Youzan upgrades its mission and vision and starts divisional adjustment
- 2021-12-16Youzan strategic investment small fission
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