???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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