????????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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