111(YI) - 2024 Q2 - Quarterly Report

Exhibit 99.1 111, Inc. Announces First Quarter 2024 Unaudited Financial Results • Turned to Quarterly Operational Profitability for the First Time • Operating Expenses as a Percentage of Revenues Decreased 120 Basis Points YoY to 5.8% • Achieved Positive Operating Cash Flow SHANGHAI, May 23, 2024 /PRNewswire/ – 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry by digitally empowering the upstream ...