ATRenew steps on efficiency pedal in drive to sustainable profits
The recycling specialist reported a second consecutive quarter of profitability on an adjusted basis in the fourth quarter, and could turn profitable on that basis for the full year in…
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ATRenew Sees Better Times Ahead in Evolving Role as ‘Recycler for All Seasons’
Smartphone recycler’s revenue growth slowed sharply to 15% in second quarter, but it forecast the rate would double in the current quarter as Covid disruptions fade Key Takeaways: ATRenew forecast…
ATRenew ESG Report Shows Progress, But Still Work to Be Done
Smartphone recycler discloses more details about carbon emissions, steps to improve its governance in its second environmental, social and governance report Key Takeaways: ATRenew’s greenhouse emissions increased substantially last year…
ATRenew Starts the Year Off Strong, Braces for Covid Impact
The smartphone recycler’s revenue rose 45.7% in the first quarter, but it forecast a slowdown in the second due to pandemic-related disruptions before a gradual recovery later in the year…
ATRenew Digs Closer to Profits With City-Level Recycling Drive
Company posted its first quarterly non-GAAP operating profits since going public, but its shares still fell amid broader investor concerns about U.S.-listed Chinese stocks Key Takeaways: ATRenew reported its revenue…
With Profitability in Sight, Smartphone Recycler ATRenew Goes Local
Company targets tripling of gross merchandise volume over the next four years as it aggressively expands a new city-based recycling model Recycling specialist ATRenew is aiming for more than 100…
21Vianet Looks for New Chapter With Name Change
Shareholders approve VNET Group as company’s new name, marking latest adjustment in year of change for data center laggard Key takeaways 21Vianet’s shareholders have approved changing its name to VNET…
