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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???

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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%?

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???,??????????,?????????????,???,????????????????80??????,????????2700???????????,??????????????58,000?????????

????????2024???,????????????7.68?????,??????????????????????????????,?,???????27.7?,?????????????????