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Gathered In The Two Quarter, From Profit To Loss, Net Loss Amounted To 85 Million 400 Thousand Yuan.

2019/8/23 10:18:00 4

E-Commerce Platform GatheredNASDAQ

August 23rd news, social networking platform gathered today released the second quarter of 2019 as reported in the first quarter of June 30th.

The results showed that the second quarter revenue was 3 billion 64 million 100 thousand yuan, a decrease of 5.8% compared to 3 billion 255 million 600 thousand yuan in the same period last year, a net loss of 85 million 400 thousand yuan, a decrease of 196% compared to the same period last year, and a net loss of 39 million 200 thousand yuan, not in accordance with GAAP. Compared with the same period last year, the net profit was 98 million 700 thousand yuan.

The earnings report also showed that the GMV reached 8 billion 200 million yuan in the second quarter, an increase of 46.4% over the same period last year, of which GMV contributed 2 billion 200 million yuan. The total number of members gathered in the second quarter was 10 million 800 thousand, representing an increase of 19.5% over the 9 million quarter of last quarter. The number of paid members reached 10 million 770 thousand, representing a 19.5% increase over the 9 million 10 thousand quarter of last quarter. And as of June 30, 2019, in the past 12 months, the number of members of the converge trading increased from 3 million 660 thousand to 8 million 230 thousand, an increase of 125.1% over the previous year.

According to media know, gathered in May 3rd this year, listed on NASDAQ in the United States. A total of 11 million shares of ADS were issued for sale, offering a price of $11 and a total of $139 million.

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