?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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