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

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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???????????????????????

??:“????,??????????,???????????????????????????????”

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)??,??????????,???

????,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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