Record Revenue Growth
ATRenew reported total revenue of RMB 4.99 billion for Q2 2025, representing a year-over-year growth of 32.2%, exceeding the high end of guidance.
1P and 3P Revenue Increase
1P product revenue grew by 34% year-over-year to RMB 4.56 billion, while 3P service revenue increased by 15.4% year-over-year to RMB 430 million.
Store and Fulfillment Expansion
The company operated 2,092 AHS stores nationwide, with 987 self-operated stores and 1,105 jointly operated stores, and expanded its self-operated to-door service team to 1,160 personnel.
Refurbished Products Contribution
Refurbished products contributed 13.5% of 1P revenue, with a significant increase in the P2C retail revenue by 63.7% year-over-year.
Strong Performance in B2B and B2C Marketplaces
PJT's warehousing inspection GMV surged, and Paipai's consignment GMV increased by 128% year-over-year.
Shareholder Return Program
Announced a 3-year shareholder return program, committing to return no less than 60% of annual non-GAAP net profit to shareholders from 2025 through 2027.