ATRenew pumps up revenue, profits on leaner recycling
The company’s revenue grew 32% in the second quarter, its fastest rate in two years, as it stepped up an aggressive expansion of its offline store network Key Takeaways: ATRenew’s…
ShanH seeks IPO recharge after years of losses
The smartphone recycler has filed a third time to list in Hong Kong, hoping to jump on a surging market for new public offerings Key Takeaways: ShanH has filed to…
ATRenew ups ESG commitment with ambitious carbon-reduction goals
The company boosted sales of pre-owned products last year, leading to a 26% increase in its annual revenue Key Takeaways: ATRenew handled sales of more than 35.3 million pre-owned smartphones…
ATRenew capitalizes on government incentives to achieve solid growth in its core business
The recycling specialist’s revenue rose 27.5% in the first quarter, representing its fastest growth in more than a year Key Takeaways: ATRenew reported its fastest quarterly revenue growth in more…
ATRenew launches major store expansion to raise service accessibility, company profile
The recycling specialist said it plans to nearly triple its national network of brick-and-mortar AHS Recycle stores to 5,000 over the next three years Key Takeaways: ATRenew has launched a…
Trade-in ‘chic’ helps boost ATRenew to first operating profit
The recycling specialist’s revenue rose 24.4% in the third quarter, as it reported profits on both a net and operating basis for the first time Key Takeaways: ATRenew’s revenue rose…
ShanH Technology dials up lackluster numbers in new IPO bid
The smartphone recycler backed by Xiaomi chief Lei Jun is making a second attempt to list in Hong Kong after its first try in February failed Key Takeaways: ShanH has…
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