Yimutian(YMT.US)

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Yimutian
YMT.US
Yimutian Inc., through its subsidiaries, provides agricultural B2B platform services for agricultural product transaction in the People’s Republic of China. It develops Yimutian App, an agricultural product B2B e-commerce platform; and Douniu App, an online agricultural product wholesale market circulation platform that matches offline transactions of agricultural products between sellers and wholesale buyers. It also offers digital agricultural commerce services; agricultural sourcing and trading services; and other digital agricultural solutions, which includes consulting, brand promotion, and digital agricultural training programs, as well as engages in the farming business. The company was founded in 2011 and is headquartered in Haidian, China.
11.584 T
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    News
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    Yimutian has reached a letter of intent to acquire Hunan Jiufeng Agriculture

    36Kr learned that recently, Yimutian Group officially signed a letter of intent for acquisition with Hunan Jiufeng Agriculture. This strategic move is a key step for Yimutian Group to use technology to serve agriculture and accelerate the layout of the "full industry chain agricultural ecosystem from production, circulation to consumption."

    36Kr·
    US
    YMT
    +8.69%
    36Kr·
    US
    YMT
    +8.69%

    Yimutian Inc. makes significant progress in acquiring 100% equity in Xunxi Technology.

    Today, Yimutian reported notable advancements in the deal to acquire full 100% ownership of Xunxi Technology.

    Unusual Whales·
    US
    YMT
    +8.69%
    Unusual Whales·
    US
    YMT
    +8.69%

    Yimutian Inc. Achieves Key Progress in Acquiring Xunxi Technology | YMT Stock News

    Yimutian Inc. has made significant progress in acquiring Ningbo Xunxi Technology Co., Ltd., completing the legal due diligence report with no issues impacting the transaction. The acquisition aims to enhance Yimutian's business model from B2B to a B2B2C ecosystem, integrating Xunxi's e-commerce expertise. The final acquisition is expected by March 2026, with Xunxi's CEO joining Yimutian as VP of Retail Business. This strategic move is anticipated to diversify revenue and improve profitability across various business segments.

    StockTitan·
    US
    YMT
    +8.69%
    StockTitan·
    US
    YMT
    +8.69%

    Yimutian (NASDAQ:YMT) Trading Down 5.2% - Here's Why

    Yimutian Inc. (NASDAQ:YMT) saw its stock price decline by 5.2% during mid-day trading, reaching a low of $1.91 before closing at $1.99. Trading volume increased significantly to 263,773 shares, up 178% from the average. A hedge fund, Millennium Management LLC, recently acquired 21,840 shares valued at approximately $41,000. Despite being the largest agricultural B2B platform in mainland China, Yimutian is currently rated as a Hold by analysts, with recommendations for other stocks considered better buys.

    Market Beat·
    US
    YMT
    +8.69%
    Market Beat·
    US
    YMT
    +8.69%

    Yimutian Inc. HY2025 digital agricultural commerce services revenue rises to CNY 63.7 million, up 95.9%

    Yimutian Inc. reported a 95.9% increase in revenue from digital agricultural commerce services, totaling CNY 63.7 million for HY2025. Overall revenues reached CNY 66.4 million, with a gross profit of CNY 53.4 million. However, the company faced a net loss of CNY 14.9 million, and a total comprehensive loss of CNY 14.8 million for the period. Membership services contributed CNY 43.1 million, accounting for 64.9% of total revenues. No income tax expense was reported.

    Reuters·
    US
    YMT
    +8.69%
    Reuters·
    US
    YMT
    +8.69%
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