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home / news releases / china government promotes green economy and atrenew

RERE - China Government Promotes Green Economy And ATRenew Stands Out As A Main Enabler

AiHuiShou International Co. Ltd. American Depositary Shares (every three of which representing two Class A)

2024-03-16 05:53:25 ET

Summary

  • ATRenew Inc. reported strong Q4 and FY23 performance with revenue of RMB12,965.8 million (+31.4% YoY).
  • The market responded positively with a surge in trading volume and a post-earnings-release increase of +27%.
  • ATRenew's partnerships with Apple and JD's Mobile and Electronics Retail departments are progressing smoothly, driving growth in recycling and trading services.

ATRenew Inc. (RERE) is China's largest pre-owned consumer electronics transaction and services platform. RERE concluded FY23 with revenue of RMB12,965.8 million (+31.4% YoY), marking continued impressive performance over the past three quarters. See my previous articles here, Q3'23: Another Strong Quarter With Strong Revenue Growth , Q2'23: Strong Revenue Growth And Improved Profitability , Q1'23 : Well Positioned For Long-Term Growth In Multi-Category Recycling. ...

For further details see:

China Government Promotes Green Economy, And ATRenew Stands Out As A Main Enabler
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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