Secco

Secoo Reports Unaudited First Half 2022 Financial Results

Retrieved on: 
Friday, December 30, 2022
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BEIJING, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Secoo Holding Limited (“Secoo,” the “Company” or “We”) (NASDAQ: SECO), Asia's leading online integrated upscale products and services platform, today announced its unaudited financial results for the six months ended June 30, 2022.

Key Points: 
  • BEIJING, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Secoo Holding Limited (“Secoo,” the “Company” or “We”) (NASDAQ: SECO), Asia's leading online integrated upscale products and services platform, today announced its unaudited financial results for the six months ended June 30, 2022.
  • Highlights for First Half 2022:
    GMV1 reached RMB3,299.8 million (US$492.6 million) for 1H 2022, compared with RMB5,027.8 million for 1H 2021.
  • In August 2022, Secoo entered into share purchase agreements with Beijing HCYK Corporation Management Partner (“HCYK”) and Timing Capital Limited (“Timing Capital”).
  • In September 2022, Secoo formed a strategic cooperation with Aladdin Legend Technology Co., Ltd. (“Aladdin Technology”), a subsidiary of Aladdin Holding Group.