Streetbeat News

RERE

ATRenew Inc.

https://www.atrenew.com

Industry

Specialty Retail

ATRenew Inc., through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras, household products, and bags through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms. As of December 31, 2021, it operated 1,287 AHS stores and 21 Paipai stores in 214 cities. The company was formerly known as AiHuiShou International Co. Ltd. and changed its name to ATRenew Inc. November 2021. The company was incorporated in 2011 and is headquartered in Shanghai, the People's Republic of China.

Open

2.97

Mkt cap

646M

Volume

High

3.06

P/E Ratio

-59.20

52-wk high

3.70

Low

2.93

Div yield

N/A

52-wk low

1.01

ATRenew Inc. (NYSE: RERE) has been recognized by the UN Global Compact's 'Forward Faster' campaign for its contributions to sustainable development in China's private sector. This highlights ATRenew's commitment to ESG practices and its role in China's circular economy.

Portfolio Pulse from

December 03, 2024 | 7:15 am

ATRenew Inc. (NYSE: RERE) reported strong Q3 2024 results with 12.8% YoY revenue growth and first-ever GAAP profitability, leading to a 20% stock price increase. The company is well-positioned for future growth in the circular economy market due to its strong cash position and innovative AI technologies.

Portfolio Pulse from

November 24, 2024 | 2:15 pm

ATRenew reported strong Q3 2024 earnings with a 24.4% sales increase and a shift from loss to profit. The company's recycling business grew by 270% YOY, and 1P-to-consumer sales rose by 120% YOY. Strong fundamentals suggest potential for future profitability and stock appreciation.

Portfolio Pulse from

November 22, 2024 | 1:00 pm

ATRenew Inc. (RERE) held its Q3 2024 earnings call, discussing financial performance and company developments. Key participants included company executives and analysts from Bank of America, CICC, and Zacks Small-Cap Research.

Portfolio Pulse from

November 21, 2024 | 1:00 pm

ATRenew Inc. reported a 24.4% increase in total net revenues for Q3 2024, reaching RMB4,051.2 million (US$577.3 million), compared to the same period in 2023.

Portfolio Pulse from

November 20, 2024 | 8:15 am

ATRenew Inc. (NYSE: RERE) will release its Q3 2024 financial results on November 20, 2024, before the U.S. market opens. An earnings call is scheduled for 07:00 A.M. on the same day.

Portfolio Pulse from

November 06, 2024 | 8:15 am

ATRenew Inc. (NYSE:RERE) reported strong revenue growth in Q2, driven by partnerships with JD.com and Apple. The company is focusing on higher-margin businesses and expects continued growth in Q3. Despite positive results, ATRenew's shares fell 11.3% on the announcement day but have risen 35% this year.

Portfolio Pulse from The Bamboo Works

August 26, 2024 | 1:35 pm

The second-hand and refurbished goods market is gaining traction as consumers seek affordable and sustainable options amid economic challenges. Key players like eBay, ATRenew, LKQ Corp, and PDD Holdings are benefiting from this trend, with eBay and ATRenew showing strong financial performance in Q2 2024. LKQ Corp faces challenges despite growth, while PDD Holdings is set to report its results soon.

Portfolio Pulse from Priya Nigam

August 22, 2024 | 4:07 pm

U.S. stocks mostly fell, with the S&P 500 down 0.1%. Palo Alto Networks shares rose 9% after strong Q4 earnings and increased buyback authorization. InMed Pharmaceuticals surged 194% on Alzheimer's program news. Bit Digital and Titan Pharmaceuticals also saw significant gains. Mynaric, ATRenew, and Vipshop Holdings experienced declines.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 6:51 pm

U.S. stocks traded lower with the Nasdaq Composite falling around 50 points. Medtronic reported better-than-expected earnings, boosting its stock. InMed Pharmaceuticals, Bit Digital, and Titan Pharmaceuticals saw significant stock price increases, while Mynaric, ATRenew, and Vipshop Holdings experienced declines.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 4:02 pm

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