BE FRIENDS HLDG (01450.HK) Q1 performance validates growth resilience, heavily launching the "Export Quality Products to Domestic Sales" program to support foreign trade merchants in strengthening the domestic market.

1. Performance Decoding: A Duet of Growth and Transformation. According to BE FRIENDS HLDG's 2024 performance announcement, the company achieved a GMV of 15.08 billion yuan during the reporting period, a year-on-year increase of 19.58%. From 2022 to 2024, the company's GMV compound annual growth rate is approximately 45.8%. Revenue reached 1.251 billion yuan, a year-on-year growth of 16.4%, maintaining its position in the top tier of the live-streaming e-commerce Industry for five consecutive years. The day after the Earnings Reports were released, the company also announced the divestment of Century Ruike's broadcasting business (forecasted loss of approximately 22 million yuan in 2024), which not only helps alleviate future performance pressures for the company but also signifies.

Gelonghui FinanceApr 14 04:32 ET

Be Friends' Gross Merchandise Volume Up at Least 32% in Q1

MT NewswiresApr 11 07:48 ET

Hong Kong stock morning report｜U.S. stock three major indexes closed lower, Chinese concept stocks showed divergent trends, USD has fallen for three consecutive days.

① In March, inflation in the USA cooled significantly, but economists warn that the impact of Trump's tariffs is about to become apparent. ② The three major U.S. stock indexes collectively closed lower on Thursday, with the Nasdaq down 4.31%; China Concept Stocks showed mixed performance. ③ The EU has suspended countermeasures against U.S. tariffs, with Von der Leyen indicating that further actions may still be implemented. ④ The USD reached a six-month low, international oil prices fell over 3%, and gold prices hit a new historic high.

cls.cnApr 10 19:03 ET

BE FRIENDS HLDG (01450.HK) awarded 10.47 million shares as bonus shares.

On April 10, Gelonghui announced that BE FRIENDS HLDG (01450.HK) would grant 10.47 million shares of awarded stock to several selected participants under the Share Award Scheme on April 10, 2025. The reason for awarding the shares is to recognize and reward the contributions of selected participants to the growth and development of the group, and to provide incentives to attract and retain them, promoting the continuous operation and further development of the group's Business.

Gelonghui FinanceApr 10 08:14 ET

Express News | Be Friends Holding Ltd - in Q1 of 2025, Total Gross Merchandise Volume Exceeded RMB3.20 Bln

ReutersApr 10 08:11 ET

BE FRIENDS HLDG (01450.HK) five-year anniversary: The "Six Little Dragons" of Hangzhou occupy half the market, ushering in the era of "New Quality Productive Power Live Room 2.0".

Hangzhou, April 8, 2025 /PR Newswire/ -- On April 4, 2025, BE FRIENDS HLDG (01450.HK) released its "Five-Year Battle Report" on its official WeChat account: during the five-year anniversary live stream, the GMV across all platforms exceeded 0.9 billion yuan, with over 1.2 million transactions, more than 80 million viewers, and the total number of online fans surpassed 0.1 billion, further solidifying its leadership position in the Industry. Five years ago, BE FRIENDS HLDG made its debut in live e-commerce in a less than 20 square meter live broadcast room; five years later, it has grown into a benchmark for the live e-commerce Industry. Over the past five years, BE FRIENDS HLDG has focused on continuous innovation and...

PR NewswireApr 8 08:31 ET