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. (NYSE: RERE) is a technology-driven pre-owned consumer electronics transactions and services platform in China, headquartered in Shanghai. News about ATRenew frequently centers on its financial performance, platform expansion, and initiatives related to recycling and the circular economy.
Regular earnings releases provide details on total net revenues, net product revenues, and net service revenues, along with commentary from management on operational performance. These updates also discuss metrics such as the number of consumer products transacted through ATRenew’s marketplaces and channels, and the evolution of merchandise costs, fulfillment expenses, and technology and content spending.
Investors following RERE news will also see announcements about share repurchase programs and shareholder return plans, as the company’s board has authorized multi-period repurchase programs funded from existing cash balances. ATRenew’s news flow includes information on its store network under the AHS brand, developments in its B2B Paijitang platform, and the opening of flagship locations that support online-to-offline integration.
Beyond financial and operational updates, ATRenew’s news includes ESG and recognition milestones. The company has reported on its ESG reports, emissions reduction goals, and its selection as a Finalist for The Earthshot Prize in the Building a Waste Free World category, highlighting its role in addressing e-waste and promoting a circular economy model for second-hand electronics.
By monitoring this news page, readers can track ATRenew’s quarterly results, capital allocation decisions, platform developments, and sustainability-related achievements, all of which contribute to understanding the company’s trajectory in the pre-owned consumer electronics sector.
ATRenew (NYSE: RERE) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC) on April 11, 2025.
The report, which contains audited consolidated financial statements, is accessible on both the SEC's website and the company's investor relations portal. Shareholders and ADS holders can request a free copy of the annual report by contacting ATRenew's Investor Relations department at their Shanghai headquarters.
ATRenew (NYSE: RERE) has launched its Paijitang flagship store in Huaqiangbei, Shenzhen's premier electronics trade hub. The store showcases nearly 10,000 professionally inspected smartphones and operates as a front-end distribution center using a warehouse-to-retail model.
The store enhances ATRenew's B2B trading platform, Paijitang, which serves over 850,000 small and medium-sized businesses across China. The new model allows buyers to browse inventory, inspect devices, and complete purchases onsite, reducing inventory costs and cutting logistics delays by 3 to 5 days. This offline expansion complements their online platform, promoting industry standardization in the pre-owned consumer electronics market.
ATRenew (NYSE: RERE) reported strong Q4 2024 financial results, with total net revenues growing 25.2% year-over-year to RMB4,849.3 million (US$664.4 million). The company achieved income from operations of RMB53.1 million, compared to a loss in Q4 2023.
For the full year 2024, total revenues increased 25.9% to RMB16,328.4 million (US$2,237.0 million). The company expanded its network to 1,861 AHS stores and transacted 35.3 million consumer products in 2024, up from 32.3 million in 2023.
Key Q4 metrics include:
- Net product revenues up 26.6% to RMB4,460.6 million
- Net service revenues increased 10.7% to RMB388.7 million
- Adjusted income from operations grew 61.0% to RMB131.4 million
- Net income reached RMB77.4 million
For Q1 2025, ATRenew expects total revenues between RMB4,550.0-4,650.0 million, representing 24.6-27.4% year-over-year growth.
ATRenew (NYSE: RERE), China's leading technology-driven pre-owned consumer electronics transactions and services platform, has announced it will release its unaudited financial results for the fourth quarter and full year 2024 on Tuesday, March 11, 2025, before the U.S. market opens.
The company will hold an earnings conference call at 08:00 A.M. Eastern Time (08:00 P.M. Beijing Time) on the same day to discuss the financial results. Investors and interested parties can access the call by dialing in, and a replay will be available through March 18, 2025.
Additionally, a live and archived webcast of the conference call will be accessible on the company's investor relations website at https://ir.atrenew.com.
ATRenew (NYSE: RERE) has been selected as one of 20 companies in the United Nations Global Compact's "Forward Faster" campaign, recognizing sustainable development contributions in China's private sector. The selection came from a pool of 75 candidates following a four-month evaluation process by UN system representatives and academic experts. The company was chosen based on its performance in ESG principles, economic viability, operability, replicability, innovation, and inclusivity. ATRenew's business model focuses on recycling and trade-in services for pre-owned consumer electronics, contributing to China's circular economy development and electronic waste reduction.
ATRenew reported strong Q3 2024 financial results with total net revenues growing 24.4% year-over-year to RMB4,051.2 million. The company achieved positive income from operations of RMB24.9 million, compared to a loss in Q3 2023. Net product revenues increased by 25.6% to RMB3,672.2 million, while net service revenues grew 13.9% to RMB379.0 million. The number of consumer products transacted reached 9.1 million. The company's adjusted income from operations exceeded RMB100 million for the first time, reaching RMB104.0 million. For Q4 2024, ATRenew expects revenues between RMB4,740.0-4,840.0 million, representing 22.4-24.9% year-over-year growth.
ATRenew (NYSE: RERE), a technology-driven pre-owned consumer electronics platform in China, has scheduled its third quarter 2024 financial results release for November 20, 2024, before U.S. market opening. Management will host an earnings conference call at 7:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on the same day. The earnings call will be accessible via various toll-free numbers, and a replay will be available through November 27, 2024. A webcast of the conference call will be available on the company's investor relations website.
ATRenew Inc. (NYSE: RERE), a leading pre-owned consumer electronics platform in China, has announced an improvement in its S&P Global Corporate Sustainability Assessment ESG score for 2024. The company's score increased to 35 from 33 in the previous year, placing it in the 93rd percentile among global RTS retailing industry peers.
ATRenew showed progress across all three ESG dimensions:
- Environmental: Score of 40, demonstrating strong performance in environmental policy and management
- Social: Score increased to 31 from 20 in 2023, showing progress in human capital management
- Governance & Economic: Score of 31, showcasing commitment to ethical business practices
The assessment identified climate strategy, human capital management, and business ethics as key drivers of ATRenew's ESG performance. The company also received high marks for information security and cybersecurity.
ATRenew Inc. (NYSE: RERE) reported strong financial results for Q2 2024. Total net revenues grew by 27.4% year-over-year to RMB3,776.7 million (US$519.7 million). The company significantly reduced its loss from operations to RMB5.6 million (US$0.8 million), compared to RMB61.0 million in Q2 2023. Adjusted income from operations (non-GAAP) increased to RMB94.1 million (US$12.9 million), marking a new quarterly record. The number of consumer products transacted rose to 8.4 million. ATRenew renewed its cooperation with JD.com and increased its share repurchase program to US$50.0 million. For Q3 2024, the company expects total revenues between RMB3,970.0 million and RMB4,070.0 million, representing 21.9% to 25.0% year-over-year growth.
ATRenew Inc. (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, has announced its plans to release unaudited financial results for the second quarter of 2024 on August 20, 2024, before the U.S. market opens. The company will hold an earnings conference call at 08:00 A.M. Eastern Time (08:00 P.M. Beijing Time) on the same day to discuss the financial results.
Investors and interested parties can access the call through various international and toll-free numbers. A live and archived webcast of the conference call will also be available on the company's investor relations website at https://ir.atrenew.com. The replay of the call will be accessible until August 27, 2024.
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