On May 22, Yixian E-commerce released its financial report for the first quarter of 2024: total net revenue was 773.4 million yuan, a year-on-year increase of 1.0%; The net loss was 124.9 million yuan, and the net profit for the same period last year was 50.7 million yuan; Not in accordance with US GAAP, the net loss was 83.8 million yuan, compared to a net loss of 25.8 million yuan in the same period last year.