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Yunji InvestorRoom Yunji Announces First Half 2026 Unaudited Financial Results HANGZHOU , China , Aug. 20 , 2026 / PRNewswire / -- Yunji Inc. ( " Yunji " or the " Company " ) ( NASDAQ : YJ ) , a leading membership - based social e - commerce platform , today announced its unaudited financial results for the half year ended June 30 , 2026 [ 1 ] First Half 2026 Highlights • Total revenues in the first half of 2026 were RMB96.3 million ( US $ 14.2 million ) , compared with RMB158.3 million in the same period of 2025. The change was primarily due to soft consumer spending , together with the Company's continued efforts to upgrade its platform role , refine its focus on private label products and optimize its selection of suppliers and merchants . • Repeat purchase rate [ 2 ] in the twelve months ended June 30 , 2026 was 69.15 % . Mr. Shanglue Xiao , Chairman and Chief Executive Officer of Yunji , said , " In the first half of 2026 , we remained firmly committed to our strategic positioning as a leader in organic healthy living , advancing our dual - engine strategy centered on products and user experience even as the consumer environment in China stayed challenging . Our 12 - month repeat purchase rate of 69.15 % reflects the continued strength of our member relationships , and validates our decision to discontinue relationships with certain third - party merchants whose offerings did not meet our enhanced product standards . While this may have affected near - term revenue , it further sharpened our merchandise mix in support of our private label and organic health priorities . We remain confident in our long - term strategy and our path toward improved operating efficiency and profitability . " " Even as we navigated a softer market environment in the first half of 2026 , our solid financial position enabled us to maintain discipline over our controllable costs , with net loss narrowing to RMB72.4 million from RMB100.7 million in the same period of 2025. As of June 30 , 2026 , we maintained a solid liquidity position of RMB242.1 million in cash and cash equivalents , restricted cash , and short - term investments , and we remain focused on improving our operating margin as we work toward sustainable long - term profitability , " said Ms. Nan Song , Senior Financial Director of Yunji . First Half 2026 Unaudited Financial Results Total revenues were RMB96.3 million ( US $ 14.2 million ) , compared with RMB158.3 million in the same period of 2025. The change was primarily due to soft consumer spending , together with the Company's continued efforts to upgrade its platform role , refine its focus on private label products and its selection of suppliers and merchants . • Revenues from sales of merchandise were RMB82.5 million ( US $ 12.2 million ) , compared with RMB131.7 million in the same period of 2025 . • Revenues from the marketplace business were RMB13.7 million ( US $ 2.0 million ) , compared with RMB24.5 million in the same period of 2025 . • Other revenues were RMB0.1 million ( US $ 0.02 million ) , compared with RMB2.1 million in the same period of 2025 . Total cost of revenues decreased by 31.9 % to RMB56.8 million ( US $ 8.4 million ) , or 59.0 % of total revenues , from RMB83.5 million , or 52.7 % of total revenues , in the same period of 2025. Total cost of revenues , which mainly comprises the costs related to the sales of merchandise , decreased in the first half of 2026. Our cost of revenues as a percentage of total revenues increased in the given period , as we derecognized less incentive payables to inactive members [ 3 ] , which carries no associated cost of revenue , compared with the same period of 2025. Revenues and cost of revenues are recognized on a gross basis . Total operating expenses decreased by 38.8 % to RMB109.7 million ( US $ 16.2 million ) from RMB179.4 million in the same period of 2025 . • Fulfilment expenses decreased by 49.8 % to RMB10.3 million ( US $ 1.5 million ) , or 10.7 % of total revenues , from RMB20.6 million , or 13.0 % of total revenues , in the same period of 2025. The decrease was primarily due to ( i ) reduced warehousing and logistics expenses due to lower merchandise sales , and ( ii ) reduced personnel costs as a result of staffing structure refinements . • Sales and marketing expenses decreased by 21.2 % to RMB39.5 million ( US $ 5.8 million ) , or 41.0 % of total revenues , from RMB50.1 million , or 31.6 % of total revenues , in the same period of 2025. The decrease was primarily due to ( i ) a decrease in member management fees , and ( ii ) reduced business promotion expenses . • Technology and content expenses decreased by 19.3 % to RMB12.4 million ( US $ 1.8 million ) , or 12.8 % of total revenues , from RMB15.3 million , or 9.7 % of total revenues , in the same period of 2025. The decrease was primarily due to the reduction in related personnel costs as a result of staffing structure refinements . • General and administrative expenses decreased by 49.1 % to RMB47.5 million ( US $ 7.1 million ) , or 49.4 % of total revenues , from RMB93.4 million , or 59.0 % of total revenues , in the same period of 2025. The decrease was primarily due to a reduction in the allowance for credit losses , partially offset by an impairment charge related to property and