Shulou(Shulou.com)11/24 Report--

Update: Temple library denied this claim, saying that the current office space has not been reduced, belonging to the normal office state.

"Siku responded that" the building is empty and it is suspected to run away ": it is not true, there are still hundreds of people on duty."

According to the Beijing Business Daily today, the Siku Building, which was once full of luxury goods, is now empty, while security personnel said that the Siku Building began to move things six months ago, and now the first to fourth floors of the building have been vacated, and there are only some staff on the fifth floor, the Beijing Business Daily reported today. In addition, Yuehai Global Logistics, the logistics warehouse center of Siku in Yizhuang, has also moved away.

Recently, consumers have never stopped denouncing the Siku platform. according to the data of the black cat platform alone, there are more than 17,000 complaints, and most of the keywords are: no delivery, no refund.

CTOnews.com learned that Beijing Siku Trading Co., Ltd. was established in April 2009 with a registered capital of 10 million yuan. In September 2017, Sikumi listed on the stock market, focusing on luxury goods, including bags, watches, clothing, jewelry, etc., and was once known as "the first stock of luxury e-commerce in China".

However, according to the 2021 annual report submitted from Siku, the group's annual revenue was 3.132 billion yuan, down 48% from 6.02 billion yuan in the same period last year, and the net loss reached 566 million yuan, a six-fold increase from the same period last year. At present, Shiku's market capitalization is only $17.74 million, compared with $770 million at its peak, which has shrunk by nearly 98 per cent.

In addition, Shiku was filed for bankruptcy twice in a year, and there were hundreds of sales contract disputes in the first half of 2022, most of them defendants. On July 27, Prada Fashion Business (Shanghai) Co., Ltd. also applied to freeze more than 1100 million yuan and assets of corresponding value owned by Shanghai Siku Electronic Commerce Co., Ltd., a wholly-owned subsidiary of Siku, and has now begun to implement it. the term is one year.

In March 2022, Teraku announced that it had signed a $175 million refinancing agreement with Great World Lux Pte. However, according to the Beijing Business Daily, Shen Meng, chief strategist at Guangke Consulting, pointed out: refinancing is just a trade-in, which to a certain extent can be seen as restructuring the original loan with new conditions, which can delay the pressure on the temple to repay the debt due. But it will not fundamentally reduce the burden of debt repayment. At present, the prospect of Siku is not optimistic, and it is difficult for investors to change their expectations.

With regard to the current situation in Saku, Yang Dayun, founder of the Fashion Transparency Innovation Center, believes that "the prices of goods in Saku are much cheaper than those in brand stores, which luxury brands do not want to see. Therefore, luxury groups will also restrict the development of platforms such as Saku to a certain extent." He also alleged that "the profit gap of goods needs to be filled by the temple bank itself, and in the long run, the temple bank can not resist cash flow and inventory pressure."

But now the temple library App can still place normal orders for shopping, and is still carrying out a variety of discount activities.

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