1919: Three consecutive years of profitability, expected to exceed a scale of 14 billion in 2025.
According to 1919 on December 26th, 2023 and 2024 net profits were 51.3473 million yuan and 48.1191 million yuan respectively, with a continued profitable status in 2025 but the financial statements have not been audited yet. The overall trading volume of 1919 increased from 11.579 billion yuan in 2023 to 12.089 billion yuan in 2024; in 2025, driven by strategic cooperation with Taobao Flash Sale and the rapid growth of instant retail, the target this year is to strive for a breakthrough of 14 billion yuan. Information shows that 1919 is a professional liquor e-commerce platform, which received a 2 billion yuan strategic investment from Alibaba in 2018 and voluntarily delisted from the New Third Board at the beginning of 2023.
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