| SCHEDULE OF SEGMENT REPORTING INFORMATION |
The following table present the segment results for the years ended December 31, 2023, 2024 and 2025:
SCHEDULE
OF SEGMENT REPORTING INFORMATION
| | |
Year Ended December 31, 2023 | | |
Year Ended December 31, 2024 | | |
Year Ended December 31, 2025 | |
| | |
RMB | | |
RMB | | |
RMB | |
| | |
| | |
| | |
| |
Revenues | |
| 640,209 | | |
| 417,651 | | |
| 317,016 | |
| Cost of revenues | |
| (332,774 | ) | |
| (211,311 | ) | |
| (176,222 | ) |
| Fulfilment | |
| (107,472 | ) | |
| (76,126 | ) | |
| (33,910 | ) |
| Sales and marketing | |
| (121,039 | ) | |
| (96,965 | ) | |
| (102,715 | ) |
| Technology and content | |
| (53,490 | ) | |
| (45,627 | ) | |
| (28,288 | ) |
| General and administrative | |
| (120,951 | ) | |
| (130,462 | ) | |
| (126,875 | ) |
| Other operating income | |
| 14,898 | | |
| 6,544 | | |
| 7,574 | |
| Segment loss from operations | |
| (80,619 | ) | |
| (136,296 | ) | |
| (143,420 | ) |
|