??2024??GMV???2093?,SVIP????????16%

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??2024??2024??????????,?????332???????(???????????????,??????????????????????????),Non-GAAP??????30????????2024??,??????????1084??,Non-GAAP????????????????????90?????????????

?????????????????2024??,?????7.7??????????,???????????????????????,????2025???????????????4?????11???,??????2.40???0.48??????

??????:“????,???????????????,?????????????????????????????????”

2024???GMV?????????????????????2093???,?????????

2024??,????????????GMV(?????????)?????????????????0.6%????2093??????????,??,??GMV??2%,?????GMV??????????75%,?????

??????????????????????,???????????????????????2024???“??”??????“?????????”,????????????????????????,??,???????????

???????,???200???????????????????“?”????????????????????????,???,?????

?,??????????

?2024????????????????1500?,???Acne Studios?Toteme??????????????????,?????OTB(ONLY THE BRAVE)?????,???????,??????????????????

??????????,2024?????????????????,?????????,?????

2024????????,???????????“???????”?????,??,???????????,???,??

???????????,SVIP?16%

????VIP?????????????(SVIP)????????????????????????V??????9.5???????V?????????????,2024?????????????????????????????????????????,?SVIP????????????,???????V?????????????????????,????SVIP?????????????????

???,??????????????2024????,SVIP??????16%?????880?????,??49%?

?????,??????????????

?????,????????,????????????????????,??,??????????????????????????????????80?????,???????2700?????,???58,000??????????

?????????????????2024???????????????????,?????????????7.68?????,?????????????????????,?,????????????????????27.7???????????,???????

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???????2024??GMV???2093?,SVIP????????16%?????

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