When will the market cap bubble of Maitime (02556), which leverages a turnover of 280 million to drive a market value growth of tens of billions, "pop"?
Due to fierce market competition, reduced enterprise investment, and difficulty in profiting, SaaS companies have performed very poorly in the capital markets in recent years. Taking China Youzan (08083) as a representative SaaS symbol, its stock prices fell by 76.62%, 63.7%, and 26.53% from 2021 to 2023, and after three consecutive years of decline, China Youzan's decline in 2024 exceeded 40%, with a market cap reduced by over 98% from its peak. Against the backdrop of the capital market's obvious cooling attitude towards SaaS companies, a newly listed SaaS company has risen impressively.
China Youzan (08083) plans to change its name to “Youzan Technology Co., Ltd.”
Zhitong Finance App News, China Youzan (08083) issued an announcement. The board of directors proposed changing the company's name from “China Youzan Limited” to “Youzan Technology Limited” and changing the company's second Chinese name from “China Youzan Co., Ltd.” to “Youzan Technology Co., Ltd.” The board of directors announced that Luo Shenmei will retire as the auditor of the company after its current term expires at the end of the annual general meeting of shareholders, and will not be re-appointed as the company's auditor at the current annual general meeting of shareholders. According to the review
Trending Industry Today: WEIMOB INC Leads Gains In Short Videos Media Stocks
May 2nd - The industry of $Short Videos Media(BK1306.HK)$ is trending higher today with 7 constituents up and WEIMOB INC leading Gains.$WEIMOB INC(02013.HK)$ rises 15.1% to HK$1.6 with a turnover of H
中國有贊:年報 2023
China Youzan (08083.HK): Adjusted net profit of 42.289 million yuan to promote the upgrading of AI+ new quality productivity
Looking forward to the future, after Youzan crosses the trough, the times will help it achieve greater value.
CHINA YOUZAN: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Changes in Hong Kong stocks | China Youzan (08083) fell more than 7%, and the company completed the acquisition of about 48.1% of Youzan Technology's shares
China Youzan (08083) fell by more than 7%, down 7.64% at press time, to HK$0.133, with a turnover of HK$5.34 million.
China Youzan (08083.HK): Grant of share rewards in accordance with Proposal A of Youzan Technology Stock Award Plan A
On November 30, China Youzan (08083.HK) issued an announcement. In order to reward employees of Youzan Technology Group (including the company's subsidiaries) for their past contributions to the success of Youzan Technology Group's business, the board of directors proposed awarding a total of about 106 million rewards to 401 undertakers under the Youzan Technology Stock Award Plan A, but only after the acquisition has been implemented and the undertakers have accepted the rewards.
Changes in Hong Kong stocks | Short video concept stocks fell collectively, and Yingzhou (03700) fell nearly 5%, and the three major platforms took steps one after another to rectify illegal micro-dramas
Short video concept stocks fell collectively, with Yingyuzhou (03700) falling 4.95% to HK$0.96; China Youzan (08083) falling 3.31% to HK$0.117.
CHINA YOUZAN: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
Changes in Hong Kong stocks | Short video concept stocks fell across the board, China's Youzan (08083) fell more than 4%, and Yingzhou (03700) fell more than 3%
Short video concept stocks declined across the board. China Youzan (08083) fell 4.13% to HK$0.116; Yingyuzhou (03700) fell 3.19% to HK$0.91.
CHINA YOUZAN: 2023 Third Quarterly Report
Jefferies Adjusts China Youzan's Price Target to HK$0.17 From HK$0.18, Keeps at Buy
04:49 AM EST, 11/10/2023 (MT Newswires) -- Jefferies Adjusts China Youzan's Price Target to HK$0.17 From HK$0.18, Keeps at Buy Price (HKD): $0.12, Change: $-0.01, Percent Change: -7.63%
China Youzan (08083.HK) had revenue of 1.1 billion yuan in the first three quarters and added more than 16,000 new paying merchants
Gelonghui November 9 | China Youzan (08083.HK) announced that in the nine months ended September 30, 2023, the Group recorded revenue of approximately RMB 1,082 million. Among them, revenue from subscription solutions was about RMB 632 million, and revenue from merchant solutions was approximately RMB 448 million, an increase of 4.0% over the same period last year. For the nine months ended September 30, 2023, the Group recorded gross profit of approximately RMB 748 million, an increase of 8.3% over the same period last year. The Group's gross margin increased from 62.9% in the same period last year to 69.1%. Group operating loss of approximately RMB 3173.5
CHINA YOUZAN: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
Changes in Hong Kong stocks | Short video concept stocks collectively pulled back, and the universe (03700) fell by more than 9%, and more than 10 listed companies intensively announced the layout of short drama-related situations
Yingyuzhou (03700) fell 9.47%, with a turnover of HK$9.96 million, while China's Youzan (08083) fell 4.44%, with a turnover of HK$3.62 million.
China praises that there were no surprises in the first half of the year; how to keep a stock of users
Recently, China Youzan (08083.HK) released its financial report for the first half of 2023. CEO Bai Ra said, “This is the only half-year since Youzan was founded 11 years ago with no surprises or surprises.” Weiman, a comparable company, also released its 2023 semi-annual report on August 15.
CHINA YOUZAN: 2023 Interim Report
Express News | Jefferies Adjusts China Youzan's Price Target to HK$0.18 From HK$0.19, Keeps at Buy
CHINA YOUZAN: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
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