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Stock impact report

China Government Promotes Green Economy, And ATRenew Stands Out As A Main Enabler [Seeking Alpha]

ATRenew Inc. American Depositary Shares (every three of which representing two Class A ordinary shares) (RERE) 
Company Research Source: Seeking Alpha
The market responded positively with a surge in trading volume and a post-earnings-release increase of +27%. ATRenew's partnerships with Apple and JD's Mobile and Electronics Retail departments are progressing smoothly, driving growth in recycling and trading services. ATRenew Inc. ( NYSE: RERE ) is China's largest pre-owned consumer electronics transaction and services platform. RERE concluded FY23 with revenue of RMB12,965.8 million (+31.4% YoY), marking continued impressive performance over the past three quarters. See my previous articles here, Q3'23: Another Strong Quarter With Strong Revenue Growth Q2'23: Strong Revenue Growth And Improved Profitability Q1'23 : Well Positioned For Long-Term Growth In Multi-Category Recycling. The market responded enthusiastically, with a trading volume of 16 million shares, notably higher than the average volume of 2 million shares, alongside a post-earnings-release surge of +27% RERE reported strong Q4'23 and FY23 Performance Revenue Show less Read more
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