276 million yuan for China's Jia.com's (Qeeka) Revenue For First Half of 2018, A Year-On-Year Increase of 33.8%
Gross profit was 164 million yuan, a year-on-year increase of 60.2%.
On the evening of August 21, Jia.com (Qeeka, 01739.HK), the largest Internet home improvement platform in China, announced its 2018 interim results. The company's revenue for the first half of 2018 was 276 million yuan, up 33.8% year-on-year; gross profit was 164 million yuan. The year-on-year growth was 60.2%; the adjusted net profit of continuing operations was RMB 20.67 million.
In terms of investment expansion, the number of decoration companies on the Qeeka technology platform increased from 6,680 on December 31, 2017 to 8083 on June 30, 2018, an increase of 21% and expanded 51 new cities. The retention rate of platform merchants also increased from 77% on December 31, 2017 to 84% on June 30, 2018, and the retention rate of quality merchants further increased.
(Source: JJgle.com)