China's 111 Inc. Gets Buyout Proposal From Co-Founders in Going-Private Push
111 Inc. (YI) reports Q2 2026 results with widened net loss, a shift to asset-light model, and an unsolicited $4.52/ADS privatization bid.
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Why It Matters
The company's founders want to buy back the public stock and make it private. This happens when a company loses money and wants to change how it works.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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