Average mobile MAUs were 4.4 million, compared with 8.4 million in the first quarter of 2021. Number of paying medical service providers on So-Young’s platform were 5,254, an increase of 11.7% from 4,702 in the first quarter of 2021. Number of medical service providers subscribing to information services on So-Young’s platform were 1,891, compared with 2,191 in the first quarter of 2021. Total number of users purchasing reservation services were 120.4 thousand and the aggregate value of medical aesthetic treatment transactions facilitated by So-Young’s platform was RMB341.5 million. Mr. Xing Jin, Co-Founder and Chief Executive Officer of So-Young, commented, “We started the new fiscal year by delivering solid results amid the resurgence of COVID-19 cases across cities in China and the challenging macro environment. We further optimized community content and online infrastructure capacity through technology and innovation to improve user experience and branding digital support for medical service providers. As a result, the number of paying medical service providers on our platform were 5,254 in the first quarter of 2022, up 11.7% from 4,702 year-over-year.” Mr. Jin continued, “During the quarter, we made some short videos on user experience of non-surgical products to increase user trust and user engagement. Meanwhile, we continued to build So-Young authentic product in non-surgical business to acquire consumer awareness. Going forward, we will continue to expand product offerings, improve service quality, innovate our content, and bring new value to reaffirm our leadership position.” Mr. Min Yu, “Our growing consumer awareness helped drive the solid results for the quarter amid macro challenges. With sustained user trust and improving acquisition efficiency for medical service providers across our platform, we have continued our revenue and strong cash position that enable us to invest new business in long-term growth. Looking ahead, we are confident of our growth prospects and generate long-term value for our shareholders.”
So-Young Reports Unaudited First Quarter 2022 Financial Results – So-Young International Inc.
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