???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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