ATRenew, a leading platform for pre-owned consumer electronics transactions and services, announced its Q3 2024 financial results, showcasing robust growth and operational milestones.
Chinese electronics recycling and trading major ATRenew on Monday extended its quarterly profit for the seventh straight quarter. Its first-quarter revenue grew up 27.1 percent to 3.65 billion yuan, meeting the top end of its guidance.
ATRenew has seen robust growth rates over the past year, both in terms of revenue and GMV performance, coupled with a reduced operating loss ratio compared with 2020.
