ATRENEW (RERE) Q2 2025 results: Revenue beat estimates at ¥5.00B, but EPS missed. Shares rose 3.45% pre-market as investors focused on strong top-line growth.
China's shift to household consumption-driven growth has resulted in a surge in preowned and refurbished goods. PDD Holdings misses Q4 estimates, while Xiaomi posts record revenues and profits.
Key Takeaways: ATRenew posted strong revenue growth in the second quarter and predicted similar trends in the third, as it banks on rising demand from value-conscious consumers The recycling specialist is placing greater emphasis on its higher-margin businesses, which it is pursuing partly through growing ties with partners Apple and JD.com
