Trading Signals
Yunji Inc. (YJ) Rallies on Agreement Deal with Douyin
The Chinese e-commerce network is on a roll following a new collaboration deal that will leverage Yunji’s online store and video account on Douyin. Shares of Yunji Inc. Skyrocketed on Tuesday as the stock soared above 100%. The Chinese leading social e-commerce platform is set to announce its third-quarter 2020 results on Nov. 26, 2020. On Nov. 25, the company announced that it has signed a cooperative framework agreement with Douyin. Yunji has collaborated with the leading Chinese live-streaming network that is owned by Bytedance. The investors are expecting a good response from the company as the online audience has
