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CIMB sees potential in Y Ventures as it expands online presence

Samantha Chiew
Samantha Chiew • 2 min read
CIMB sees potential in Y Ventures as it expands online presence
SINGAPORE (Sept 13): CIMB likes Y Ventures Group, the online e-commerce and data analytics provider.
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SINGAPORE (Sept 13): CIMB likes Y Ventures Group, the online e-commerce and data analytics provider.

In 1H17, the group posted 47.1% y-o-y increase in revenue due to higher sales of goods on online marketplaces, but still reported a net loss of US$0.2 million ($0.27 million) due to one-off IPO-related expenses.

Despite this, the research house likes Y Ventures as it expands its online presence.

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