Competitive Intensity And Marketing CostsIntense competition in performance marketing channels has pushed up customer acquisition costs and compressed margins, complicating near-term recovery.
Demand WeaknessSizable declines in gross order value and order volume indicate weak customer demand that could continue to pressure top-line performance.
Profitability OutlookResumed 2026 guidance points to profitability expectations below consensus and adjusted EBITDA that may undershoot investor forecasts, raising execution risk.