?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%?????

????????