??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?????
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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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