Welcome to our dedicated page for Boqii Holding news (Ticker: BQ), a resource for investors and traders seeking the latest updates and insights on Boqii Holding stock.
Stay informed about Boqii Holding Limited (BQ) with real-time news coverage tracking developments across the company's pet-focused platform operations in China. This feed aggregates announcements related to Boqii's e-commerce activities, private label brand expansions, service partnerships, and strategic initiatives.
News coverage includes updates on Boqii Mall's product offerings, expansions of the Yoken, Mocare, and D-cat private label brands, and partnerships with pet care service providers. The feed also tracks business developments such as distribution agreements with pet stores and veterinary hospitals, technology integrations, and collaborations that expand the company's ecosystem.
Follow corporate actions including capital raising activities, share structure changes, and regulatory filings. As a foreign private issuer trading on NYSE American, Boqii's news flow includes Form 20-F annual reports, Form 6-K current reports, and material announcements related to compliance with U.S. securities regulations.
The news feed covers market trends affecting Boqii's business including shifts in Chinese pet ownership patterns, e-commerce adoption rates, consumer spending on pet products and services, and competitive dynamics within China's pet care industry. Analysis of broader market forces such as urbanization trends, demographic changes among pet owners, and the growth of online retail channels provides context for understanding Boqii's operating environment.
Monitor product launches, marketing initiatives, and community platform enhancements that drive user engagement. Coverage also includes financial results, operational metrics, and management commentary that provide insight into the company's performance and strategic direction.
Boqii Holding (NYSE American: BQ), China's leading pet-focused platform, announced plans to terminate its ADR program and implement a significant 1-for-160 reverse stock split. The company will consolidate its ordinary shares and transition from ADSs to direct Class A ordinary share trading on the NYSE American exchange under the same "BQ" symbol.
The changes, approved by shareholders on June 26, 2025, include appointing VStock Transfer as the U.S. transfer agent and assigning a new CUSIP number (G1311F119) for the Class A ordinary shares. Upon completion, the ADSs will be delisted while the underlying ordinary shares will continue trading on AMEX.
Boqii Holding (NYSE American: BQ) has announced a significant change in its American Depositary Shares (ADSs) ratio. The company will modify its ADS to Class A ordinary shares ratio from 1:15 to 1:150, effectively implementing a 1-for-10 reverse split on existing ADSs. This change is scheduled to take effect on January 21, 2025.
ADS holders will be required to exchange every 10 old ADSs for one new ADS through The Bank of New York Mellon, the depositary. For uncertificated ADS holders, no action is required as changes will be automatic. Any fractional new ADSs will be sold by the Depositary, with net proceeds distributed to affected holders. Boqii will continue trading on NYSE American under the symbol 'BQ', with ADS prices expected to increase proportionally, though this is not guaranteed.
Boqii Holding (NYSE American: BQ) reported its fiscal 2025 first half results, showing mixed performance. Total revenues decreased to RMB249.7 million (US$35.6 million) from RMB389.4 million in the prior year period. Despite lower revenue, the company improved its financial metrics with net loss decreasing by 21.6% to RMB29.6 million (US$4.2 million).
The company's private labels showed positive development with SKUs increasing from 3,088 to 3,546, and revenue share rising from 27.5% to 29.0%. Gross margin improved to 20.7%, up 70 basis points. Cost-saving initiatives resulted in reduced fulfillment expenses and improved post-fulfillment profit margin from 11.2% to 13.3%. Operating expenses decreased by 29.3% to RMB79.3 million.
Boqii (NYSE: BQ), China's leading pet-focused platform, has announced the filing of its annual report on Form 20-F for the fiscal year ended March 31, 2024. The report was filed with the SEC on October 29, 2024, and is accessible through the company's investor relations website and the SEC website. Shareholders and ADS holders can request a free hard copy of the report containing audited consolidated financial statements by contacting the company's Investor Relations Department.