GMV | Jotup

Netjoy records new high gross billing hitting RMB8.137 billion in 2023

Retrieved on:

Friday, March 29, 2024

Social media, AI, GMV, Research, KOL, Alibaba Group, Culture, RMB, Acquisition, Ecology, Marketing, Beauty, Creativity, Advertising, Video game

During the Reporting Period, the Group achieved healthy gross bill growth, reaching historical high at RMB 8.137 billion, 10.54% higher than the RMB7.361 billion in 2022.

Key Points:

During the Reporting Period, the Group achieved healthy gross bill growth, reaching historical high at RMB 8.137 billion, 10.54% higher than the RMB7.361 billion in 2022.
The compound annual growth rate (CAGR) of its gross bill between 2018 and 2023 was 38.25%.
Its gross profit increased by 722.62% year-on-year to RMB 250.75 million, with gross profit margin at 8.33%, up by 7.41 percentage points year-on-year.
The cumulative impressions generated by the Group's programmed and delivered short videos have surpassed 1,303.7 billion, with views exceeding 468.8 billion.

EQS-News: Zalando Boosts Quality Assortment, Grows Lifestyle Offering, Elevates Inspiration and Wins More B2B Partners to Deliver GMV Growth and Rising Profitability in Q1

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Friday, May 10, 2024

Ecosystem, Commerce, Software, GMV, Parent, B2C, Zalando, Growth, Beauty

Gross merchandise volume (GMV) rose 1.3% to 3.3 billion euros in the first quarter compared with a year ago.

Key Points:

Gross merchandise volume (GMV) rose 1.3% to 3.3 billion euros in the first quarter compared with a year ago.
The substantial improvement in profitability was driven by lower fulfilment costs and successful inventory management, leading to an improved gross margin.
“As we are executing our ecosystem strategy, we are excited by the positive response from customers and partners in the first quarter.
In the quarter, Zalando saw the strongest growth from its Beauty, Sports, Kids & Family as well as ‘Lounge by Zalando’ propositions.

EQS-News: In Q1 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin further

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Friday, May 10, 2024

Annual general meeting, Investment, Exhibition, Management, GMV, Growth, EUR, Collection, Milan Furniture Fair

In Q1 2024, revenue grew 6% year-over-year to EUR 109 million in a declining market.

Key Points:

In Q1 2024, revenue grew 6% year-over-year to EUR 109 million in a declining market.
Westwing continued its growth trajectory in the first quarter of 2024 with both Gross Merchandise Volume (GMV) and revenue up by 6% year-over-year.
With regards to profitability, Westwing reported EUR 6 million of adjusted EBITDA in the first quarter of 2024 (Q1 2023: EUR 5 million), corresponding to an adjusted EBITDA margin of 5.8%.
The improvement in adjusted EBITDA profitability was supported by the continued expansion of the high margin Westwing Collection and improvements in fulfilment costs.

GigaCloud Technology Inc Announces First Quarter Ended March 31, 2024 Financial Results

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Thursday, May 9, 2024

Spend, Investment, PIN, GCT, As a service, GMV, EL, Growth, EPS

EL MONTE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the first quarter ended March 31, 2024, including substantial growth in revenue, gross profit, and net income over the comparable prior year period.

Key Points:

GigaCloud Marketplace GMV3 increased 64.0% to $907.7 million in the 12 months ended March 31, 2024, from $553.5 million in the 12 months ended March 31, 2023.
3P seller GigaCloud Marketplace GMV4 increased 71.8% to $489.9 million in the 12 months ended March 31, 2024, from $285.2 million in the 12 months ended March 31, 2023.
3P seller GigaCloud Marketplace GMV represented 54.0% of total GigaCloud Marketplace GMV in the 12 months ended March 31, 2024, up from 51.5% in the 12 months ended March 31, 2023.
Active buyers6 increased 29.1% to 5,493 in the 12 months ended March 31, 2024, from 4,255 in the 12 months ended March 31, 2023.

Fiverr Announces First Quarter 2024 Results

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Thursday, May 9, 2024

Well, Spend, Leg, CFO, SPB, Acceleration, SMB, GMV, Environment, Share repurchase, Adjustment, GAAP, Growth, Video game

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, today reported financial results for the first quarter 2024.

Key Points:

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, today reported financial results for the first quarter 2024.
GAAP gross margin in the first quarter of 2024 was 83.5%, an increase of 130 basis points from 82.2% in the first quarter of 2023.
Adjusted EBITDA1 in the first quarter of 2024 was $16.0 million, compared to $11.3 million in the first quarter of 2023.
Adjusted EBITDA margin1 was 17.1% in the first quarter of 2024, compared to 12.8% in the first quarter of 2023.

Liquidity Services Announces Second Quarter Fiscal Year 2024 Financial Results

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Thursday, May 9, 2024

Net income, Person, Acceleration, Depreciation, CAG, GMV, ETR, RSCG, Growth, Tax, Procurement, Transaction, Acquisition, EPS, Adjustment, GAAP, Retail

BETHESDA, Md., May 09, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended March 31, 2024, as compared to the corresponding prior year quarter:

Key Points:

Our fiscal third quarter 2024 outlook reflects the seasonally high activity at GovDeals, with year-over-year GMV growth expected to continue despite the potential for softer used vehicle market prices than last year.
Our RSCG segment expects to sustain similar volumes to this past fiscal second quarter’s record RSCG GMV.
AllSurplus Deals, our Retail consumer curbside pick-up marketplace, is expected to sustain strong year-over-year growth this coming quarter.
Our Retail segment continues to experience an inflow of lower value product mix that has dampened direct margins compared to last year and is expected to result in fiscal third quarter margins similar to this past fiscal second quarter.

1stDibs Reports First Quarter 2024 Financial Results

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Wednesday, May 8, 2024

1stdibs, P&L, Adjustment, GMV, Investment, GAAP, The Company

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its first quarter ended March 31, 2024.

Key Points:

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its first quarter ended March 31, 2024.
GAAP net loss was $3.3 million compared to a net loss of $8.1 million in the first quarter 2023.
The second consecutive quarter of conversion rate improvement resulted in better GMV and order growth,” said David Rosenblatt, 1stDibs Chief Executive Officer.
The Company’s second quarter 2024 guidance is below.

The RealReal Announces First Quarter 2024 Results

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Tuesday, May 7, 2024

The RealReal, Adjustment, AOV, GMV, TTM, GAAP, SAN, Total revenue, Pharmaceutical industry

SAN FRANCISCO, May 07, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its first quarter ended March 31, 2024. The company returned to overall top-line growth with gross merchandise value (GMV) increasing 2% compared the prior year period. Additionally, consignment revenue increased 13% compared to the same period in 2023.

Key Points:

Q1 2024 Adjusted EBITDA Loss of $2.3 million,
SAN FRANCISCO, May 07, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its first quarter ended March 31, 2024.
“We continue to focus on the core consignment business and driving efficiencies to deliver results.
In the first quarter of 2024 we grew profitable consignment supply, which resulted in a return to overall top-line growth and an all-time high gross margin rate,” said John Koryl, Chief Executive Officer of The RealReal.
Today, we provided second quarter 2024 guidance and raised the mid-point of our full year financial outlook for Adjusted EBITDA.

Ohmyhome Reports Robust Performance in the First Quarter of 2024, Anticipates Over 110% y-o-y Revenue Growth in First Half of the Year

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Monday, May 6, 2024

GTV, Acquisition, OMH, SGD, GMV, ARR, Internet of things, Growth, Video game

Transaction volume increased by over 60%, driving a 90% increase in Gross Transaction Value (GTV), primarily fueled by an increased presence in the condominium market.

Key Points:

Transaction volume increased by over 60%, driving a 90% increase in Gross Transaction Value (GTV), primarily fueled by an increased presence in the condominium market.
First Quarter of 2024 saw Ohmyhome's significant growth as compared to the First Quarter of the previous year.
Our Brokerage segment saw robust performance, benefiting from tech investments from prior years enhancing our user experience and operational efficiency.
Our Renovation segment witnessed an increase in office and residential projects, bolstering market share through creative and cost-effective solutions.

VTEX Reports First Quarter 2024 Financial Results

Retrieved on:

Tuesday, May 7, 2024

VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the first quarter of 2024 ended March 31, 2024.

Key Points:

VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the first quarter of 2024 ended March 31, 2024.
VTEX results have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) IAS 34 Interim Financial Reporting.
Non-GAAP subscription gross margin was 77.2% in the first quarter of 2024, compared to 73.9% in the same quarter of 2023.
Non-GAAP income from operations was US$3.0 million during the first quarter of 2024, compared to a Non-GAAP loss from operations of US$4.1 million in the same quarter of 2023.