ATRenew posts market-defying growth as partnerships with JD.com, Apple advance
The company’s revenue grew 27% in the second quarter, as it deepened its collaboration to promote recycling with JD.com Key Takeaways: ATRenew posted strong revenue growth in the second quarter…
ATRenew’s latest ESG report shows improving carbon emissions, gender diversity
The recycling specialist showcased a continued reduction in greenhouse gas emissions intensity and its progress in other corporate responsibility efforts in its fourth annual ESG report Key Takeaways: ATRenew’s greenhouse…
CHINA BULLETIN: Fiscal Revenue, Land Sales Fall in April
In this week’s issue we bring you British bears, a chatbot price war and the end of the road for Didi’s president. On a scale of 1 to 100, we…
ATRenew feeds on national recycling campaign, strong JD.com ties
The company’s revenue rose 27% in the first quarter and it forecast similar growth ahead, as it benefits from a stepped-up Beijing campaign to promote more recycling Key Takeaways: ATRenew…
‘Perfect Storm’ of factors fuels rise in smartphone recycling
Government initiatives and industry focus on environmental responsibility and standardization are boosting used smartphone sales, even as new product sales flatten By Kerry Xuefeng Chen A confluence of factors…
ATRenew polishes recycling credentials to record first profit
The recycling specialist has been profitable on a non-GAAP basis for the last two years, but made its first GAAP net profit in last year’s fourth quarter Key Takeaways: ATRenew’s…
NEWS WRAP: ATRenew on track to recirculate 32 million electronic devices this year
The recycler expects to generate 13 billion yuan in revenue this year, as its volume could get a lift in 2024 from a new partnership with Apple and movement beyond…