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home / news releases / RERE - ATRenew's Quarterly Sales Improve I Remain Bullish


RERE - ATRenew's Quarterly Sales Improve I Remain Bullish

2024-05-21 11:01:13 ET

Summary

  • ATRenew Inc.'s Q1 2024 earnings showed a 27.1% increase in total net revenues compared to the same period last year.
  • The company's operating costs and expenses rose by 25.9%, mainly due to higher merchandise costs and fulfillment expenses.
  • ATRenew's management is optimistic about future growth, citing increased recycling opportunities and growing demand for used products.

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For further details see:

ATRenew's Quarterly Sales Improve, I Remain Bullish
Stock Information

Company Name: AiHuiShou International Co. Ltd. American Depositary Shares (every three of which representing two Class A)
Stock Symbol: RERE
Market: NYSE
Website: ir.atrenew.com

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