Our household products revenue for the first half 2023 increased by about $17.4 million or 56.1% as compared to the same period of 2022. Cost of revenues of household products for the first half 2023 increased about 67.0% as compared to the same period of 2022. Cost of revenues of household products for the first half 2023 increased about 67.0% as compared to the same period of 2022. Fulfillment expenses as a percentage of total revenues were 2.3% in the first half of 2023, up from 1.7% in the first half of 2022. The decrease was primarily due to a $0.9 million decrease in bad debt expense and $1.0 million decreased in share-based compensation of services provided.

Source: The Bubble November 25, 2023 10:18 UTC