{"id":15434,"date":"2018-05-15T00:00:00","date_gmt":"2018-05-14T16:00:00","guid":{"rendered":"https:\/\/corp.pchome.tw\/en\/pchome-online-report-nt8-2-billion-revenue-for-the-first-quarter-of-2018-pchomestore-demonstrates-growth-beyond-expectation-preparing-for-overseas-ipo\/"},"modified":"2018-05-15T00:00:00","modified_gmt":"2018-05-14T16:00:00","slug":"pchome-online-report-nt8-2-billion-revenue-for-the-first-quarter-of-2018-pchomestore-demonstrates-growth-beyond-expectation-preparing-for-overseas-ipo","status":"publish","type":"post","link":"https:\/\/corp.pchome.tw\/en\/pchome-online-report-nt8-2-billion-revenue-for-the-first-quarter-of-2018-pchomestore-demonstrates-growth-beyond-expectation-preparing-for-overseas-ipo\/","title":{"rendered":"PChome Online Report NT$8.2 billion Revenue for The First Quarter of 2018 PChomeStore Demonstrates Growth Beyond Expectation, Preparing for Overseas IPO"},"content":{"rendered":"\t\t
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\n\tPChome Online Report NT$8.2 billion Revenue for The First Quarter of 2018<\/font><\/span><\/strong><\/div>\n
\n\tPChomeStore Demonstrates Growth Beyond Expectation, Preparing for Overseas IPO<\/font><\/span><\/strong><\/div>\n
\n\t <\/div>\n
\n\tPChome Online (8044-TW) today (May 15th) announced consolidated financial report for the <\/font><\/span>first quarter of 2018. Consolidated revenue for the first quarter of 2018 is NT$8.2 billion, yoy <\/span>18.4%. Online shopping revenue also grows by 22.4%. Due to with the investments in <\/span>fulfillment service and the stronger-than-expected growth of Personal Store, operating <\/span>expense increased by NT$1 billion compared with the same period last year, loss attributable <\/span>to owners of parent is NT$472 million and net loss is NT$843 million.<\/span><\/div>\n
\n\t <\/div>\n
\n\t“PChome online shopping business is growing rapidly. B2C online shopping business grows by <\/font><\/span>22.4% yoy. Investments in logistics and warehouses are noticeable. After launching Taichung <\/span>warehouse, PChome will provide 6-hr delivery service in Taichung, making it the second city <\/span>in Taiwan to enjoy 6-hr delivery.” Chairman of PChome Online—Hung-Tze Jan said. “We <\/span>always see ‘everyday reliable’ as our responsibility and aim to provide 6-hr online shopping to <\/span>the six major cities in Taiwan. Meanwhile, Personal Store continues the growth momentum <\/span>from last year, GMV for this quarter grows by 600% compared with the same period last year. <\/span>Personal Store has brought tremendous users and transactions to the group; its rapid growth <\/font><\/span>is far beyond our expectation and thus laid out a decent foundation for Personal Store to <\/span>monetize. Personal Store is cultivating a promising future, which includes the preparation of <\/span>overseas IPO.”<\/span><\/div>\n
\n\t <\/div>\n
\n\t2018 first quarter operating highlights:<\/font><\/span><\/div>\n
\n\t <\/div>\n
\n\t• PChome24h Shopping revenue is triggered by winter home appliances and new year <\/font><\/span>gifts purchases. PChome24h is the only licensed Xiaomi online channel, besides from <\/span>its official website, in Taiwan. Xiaomi flagship store on the website demonstrate a <\/span>wide variety of hot items and enjoy high popularity in the market.<\/span><\/div>\n
\n\t <\/div>\n
\n\t• PChomeStore B2B2C shopping mall has more than 200 million listings and more than <\/font><\/span>90,000 vendors. Personal Store has integrated with PChomePay and raised the free <\/span>shipping requirement to NT$99\/per order in March. With NT$12 billion quarterly <\/span>GMV and 11 million monthly CVS delivery, Personal Store wins the leading position <\/span>of mobile eCommerce in Taiwan.<\/span><\/div>\n
\n\t <\/div>\n
\n\t2018 first quarter financial highlights:<\/font><\/span><\/div>\n
\n\t• 2018 Q1 consolidated revenue is NT$8.2 billion, yoy 18.4%. Net loss is NT$843 <\/font><\/span>million. The decrease of Q1 operating income is mainly due to the stronger-thanexpected <\/span>growth of marketplace business with the marketing expense of NT$898 <\/span>million.<\/span><\/div>\n
\n\t• 2018 Q1 unconsolidated revenue is NT$7.6 billion, yoy 22.4%. Net loss is NT$472 <\/font><\/span>million. The decrease of gross profit margin is because of 3c-n3c product mix. The <\/span>decrease of net non-operating income is resulted from the NT$564 million net loss <\/span>recognition of PChomeStore (4965-TW).<\/span><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[54,1],"tags":[],"post_folder":[],"_links":{"self":[{"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/posts\/15434"}],"collection":[{"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/comments?post=15434"}],"version-history":[{"count":0,"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/posts\/15434\/revisions"}],"wp:attachment":[{"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/media?parent=15434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/categories?post=15434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/tags?post=15434"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/corp.pchome.tw\/en\/wp-json\/wp\/v2\/post_folder?post=15434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}