Reports Q2 revenue $696.8M vs. $519.7M last year. Number of consumer products transacted was 10.3M compared to 8.4M in the same period of 2024. Kerry Xuefeng Chen, founder, chairman, and CEO of ATRenew (RERE), commented, “We are pleased to announce that our operational performance exceeded the high end of our guidance in the second quarter of 2025, with total revenue increasing by 32.2% year-over-year to RMB4,991.5 million. This year, we have consistently met the growing demand for recycling and upgrade fueled by China’s national subsidies for consumer electronics trade-ins, while seizing robust growth opportunities by strengthening our fulfillment capabilities, the brand influence of AHS Recycle, and our integrated supply chain. Moving forward, against the backdrop of the circular economy, we remain committed to leveraging our unique business model and scenarios to set innovative benchmarks for the industry.”
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