Financial PerformanceThe company achieved a full-year breakeven in FY24, with an adjusted net profit of RMB29.8mn, indicating improved financial health.
Market LeadershipDmall is the largest retail cloud solution provider in China by GMV with market share of 13.3% in 2023.
Revenue GrowthDmall's total revenue increased by 17% compared to the previous year, reaching RMB1.86bn, which aligns with analyst estimates.