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

??

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

???:?????????????

?????????

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

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