Uju's Nine-Month Gross Billing from Online Marketing Wing Jumps 35%; Shares Plunge 10%

MT Newswires Live11-24

Uju's (HKG:1948) gross billing from the online marketing solutions business stood at around 11.9 billion yuan for the nine months ended Sept. 30, up 35% from a year prior, a Nov. 21 Hong Kong bourse filing said.

Shares of the marketing solutions provider were down 10% in Monday afternoon trading.

The higher gross billing was mainly due to the deeper and closer cooperation with core customers, as well as the active expansion of customer and media channels.

Gross merchandise volume for the three quarters reached 41.9 million yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment