NNW 1.43% 7.1¢ 99 wuxian limited

Ann: 99 Wuxian Quarterly Trading Update, page-2

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  1. 950 Posts.
    Not sure what to make of this report.

    They are bench-marking it only to the same quarter last year, disregarding the prior quarter.

    36.6m users is nice - up by around 5m? 1.5m new users per month is impressive, at that rate in 3 years they could have 100m users.

    Average transaction value looks like its fallen to $37 AUD - I recall it being over $50 for the prior year.

    Revenue is up, but not dramatically.
 
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