
ATRenew delivered robust Q2 results, with revenue up 32.4% YoY to RMB 6.61 billion. Operating income nearly doubled YoY, and GAAP net income rose 78.6%, highlighting significant operating leverage. In the past few quarters, ATRenew has been focused on deepening the deployment of its multi-category recycling services across its stores. One of the main valuation drivers will be the growing revenue contribution from the 1P-to-C retail business, which carries better margins.










