Yunji Inc. announced a revenue decline to RMB96.3 million (US$14.2 million) for the first half of 2026, down from RMB158.3 million in the same period last year, mainly due to weak consumer spending and strategic platform upgrades focusing on private label and organic products. Despite lower revenues, the company improved operational efficiency, reducing its net loss to RMB72.4 million (US$10.7 million) from RMB100.7 million previously. Yunji maintains a strong liquidity position with RMB242.1 million in cash and investments and remains committed to long-term profitability through refined product selection and cost control.
JD Sports Fashion lowered its full-year profit guidance after a weaker-than-expected second quarter, with like-for-like sales falling 3.1%, notably down 6.8% in North America. Analysts from UBS and Shore Capital responded cautiously, maintaining neut...
A crypto whale has opened a $14.3 million leveraged long position on Monero (XMR) using the derivatives platform Hyperliquid. This bold move indicates the investor's expectation that Monero's price will rise to between $475 and $516. Such a large bet...
STLLR Gold welcomes the agreement between the Tłı̨chǫ Government and Yellowknives Dene First Nation on the Arctic Economic and Security Corridor (AESC), a 400 km all-weather road from Yellowknife to Nunavut. The corridor would pass within 30 km of ST...
Grabar Law Office is investigating AeroVironment Inc. for possible breaches of fiduciary duty by its officers and directors related to the company's disclosures about its role in the U.S. Space Force's SCAR program and BADGER systems. The investigati...
Estee Lauder reported strong Q4 results with organic sales up 5% and earnings per share beating estimates, which led to a 16% rally in its stock price. The company aims to save $1.2 billion by 2028 through cost-cutting measures including headcount re...
