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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???

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

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

??,??????????????2024????????�??�???????�???????�,?????????,???????????????????,??????????????

????????,????????????200?????�?�??????????????????????????????????????,??,???

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

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2024??,?????�??????�??,????,??????????,????,??

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

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

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

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

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