??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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