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

????:???

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

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