Smartphone trade-ups lift ATRenew as spending resumes in China
The recycling specialist’s revenue growth accelerated to 30% in the first quarter, as offline consumer activity rebounded Key Takeaways: ATRenew’s revenue grew 30% in the first quarter, as it reported…
RERE.US
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…
RERE.US
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 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…
AiHuiShou’s Q2 Revenue Rises 56%, Fueled by Growing Electronics Recycling Network
Company releases first ESG report alongside its maiden earnings, aiming to spotlight its role in achieving China’s carbon-reduction goals Key points: AiHuiShou posts 56% revenue growth in its latest reporting…
