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

??????,??????????

???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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