Welcome to our dedicated page for ATRENEW news (Ticker: RERE), a resource for investors and traders seeking the latest updates and insights on ATRENEW stock.
ATRenew Inc. reports news as a China-based technology-driven recycling and trade-in platform for consumer products and pre-owned consumer electronics. The company’s open platform integrates C2B, B2B and B2C capabilities across online and offline services, including marketplace activity tied to PJT Marketplace and Paipai Marketplace.
Recurring updates cover unaudited quarterly and annual financial results, product and service revenue trends, consumer products transacted, cash dividends, annual Form 20-F reporting, board and committee changes, and commentary on circular-economy practices in the pre-owned electronics value chain.
AiHuiShou International Co. Ltd. has priced its initial public offering (IPO) of 16,233,000 American Depositary Shares (ADSs) at $14.00 each, totaling approximately $227 million. The ADSs will start trading on the New York Stock Exchange under the symbol 'RERE' on June 18, 2021. The offering is set to close around June 22, 2021, pending customary conditions. The underwriters have an option to purchase an additional 2,434,950 ADSs at the same price within 30 days. Goldman Sachs, BofA Securities, and China Renaissance are the joint bookrunners for this IPO.