Youzan Technology Ltd 2024 AR2
The report highlights Youzan Technology Limited's sustainability and financial performance for the fiscal year 2024. During the year, the company fully embraced AI by developing an intelligent consumer operation system to drive merchant growth, resulting in a 14% year-on-year increase in average sales per merchant. Financially, Youzan achieved stable profitability with an adjusted EBITDA of approximately RMB 121 million, representing a 288% year-on-year increase. On the environmental front, the company successfully reduced its total power consumption to 2,881,434.90 kWh and its greenhouse gas emissions to 1,546.95 tonnes of CO2 equivalent. Additionally, Youzan continued its social commitment through community initiatives, including donating charitable school uniforms and supporting music and art education in rural primary schools.
Company: Youzan Technology Ltd
Sector: Information Information Technology
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 334
Youzan Technology Ltd
Annual Report
The report highlights Youzan Technology Limited's sustainability and financial performance for the fiscal year 2024. During the year, the company fully embraced AI by developing an intelligent consumer operation system to drive merchant growth, resulting in a 14% year-on-year increase in average sales per merchant. Financially, Youzan achieved stable profitability with an adjusted EBITDA of approximately RMB 121 million, representing a 288% year-on-year increase. On the environmental front, the company successfully reduced its total power consumption to 2,881,434.90 kWh and its greenhouse gas emissions to 1,546.95 tonnes of CO2 equivalent. Additionally, Youzan continued its social commitment through community initiatives, including donating charitable school uniforms and supporting music and art education in rural primary schools.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English, Chinese
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Workplace Fatalities
Employees