Guangzhou, China, April 28, 2026, 06:01 (CST)
- Youxin is set to acquire an 18% stake in YATOP, a partner specializing in TikTok advertising and commerce, through a share swap valued at $10.8 million.
- Shares on the Nasdaq finished Monday at $2.32, a jump of 149.62%. After-hours, the stock slipped back.
- Youxin would be venturing even deeper into cross-border social commerce with this deal, moving past its retail software roots—and stepping into territory known for high execution risk.
Youxin Technology Ltd saw its Nasdaq shares surge over 100% Monday, fueled by news that the Chinese retail software firm will acquire an 18% interest in YATOP Group Limited—a TikTok ecosystem partner—in a $10.8 million all-share deal. The agreement, finalized April 21, appeared in a Form 6-K filing with the U.S. Securities and Exchange Commission on April 27.
Youxin’s push comes as the company looks to boost its software business by layering on a quicker-growth commerce and advertising stream. Shares finished at $2.32, marking a 149.62% jump. The stock had swung between $1.28 and $2.57 during the session, before slipping to $1.90 in after-hours trading, StockAnalysis data show.
YATOP, headquartered in Hong Kong, launched operations in 2024. According to Youxin, the business posted unaudited revenue of $6.5 million for 2025 along with $2 million in net profit. For 2026, Youxin is forecasting revenue topping $10 million.
The target specializes in influencer marketing, short-form video, livestreaming ops, paid media, and e-commerce support. According to the company, it carries TikTok Shop Partner and Creator Agency Partner badges, along with other TikTok-linked credentials. GMV—gross merchandise value—refers to the total worth of items moved through the platform, before any deductions or refunds.
Chief Executive Shaozhang Lin described the deal as a “vital strategic step” for Youxin’s digital commerce ecosystem. The company added that it intends to co-develop software offerings with additional partners to help YATOP grow. GlobeNewswire
The filing puts the expected closing for the deal at around May 2026. Youxin pegged YATOP’s equity value at roughly $60.8 million, citing a third-party valuation for the purchase price.
Youxin’s statement follows its filing of audited financials for Celnet Technology Co., Ltd. just a week ago. The company picked up a 51% stake in Celnet back in October 2025. Celnet, which operates as a Salesforce.com partner in China, logged fiscal 2025 revenue at $2.8 million, with net income coming in at $0.3 million.
Youxin remains a small player. Over the past twelve months, StockAnalysis reports revenue of $539,474 against a net loss of $9.65 million. Following Monday’s rally, the company’s market cap stands at roughly $30.22 million.
Competition remains lively. Baozun Inc. positions itself as a brand e-commerce and digital commerce provider in China, while Weimob Inc. offers merchants cloud-based marketing and commerce software, plus growth services. In contrast, Youxin’s YATOP approach is more focused: it taps into TikTok—using its traffic, creators, and live commerce—rather than emphasizing traditional store operations.
There’s a chance the stock’s been bid up faster than the deal justifies. YATOP’s 2025 numbers haven’t been audited, the purchase only gets a minority position, and Youxin is paying with its own shares—not cash. Should TikTok commerce lose momentum, or if Youxin fails to convert YATOP’s agency business into recurring software sales, justifying the strategic upside could get tricky.