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 Grows Outside the Smartphone Box with Luxury Bags, Watches and Liquor
The recycler that spent its first decade in electronics is finding early strong results with its recent expansion into new consumer categoriesKey Takeaways:ATRenew’s sales from non-smartphone categories are showing initial…
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…
Consumer Sector Investor Tian Tu Capital Eyes Hong Kong IPO
Tian Tu Capital files for a Hong Kong listing under the shadow of a sluggish Chinese retail market Key Takeaways: Tian Tu Capital, which invests in consumer businesses such as…
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…
Burning Rock Localizes as Investors Grow Impatient
Cancer testing company reported a widening loss in the first quarter as it spent heavily to build up its localized business model of providing services through partner hospitals Key Takeaways:…
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…
