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

??:???

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

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