ATRenew Inc. (RERE)
ATRenew Inc. operates in the Specialty Retail industry of the Consumer Cyclical sector, headquartered in Shanghai, SH, CN. The stock last traded at $3.94, up 0.25% on the session, giving a market capitalisation of $1.43B. On trailing twelve-month figures it carries a trailing P/E of 18.17, a net margin of 2.0%. Its beta of 0.27 implies it has historically moved less than the broad market.
ATRenew Inc., operating through its various subsidiaries, oversees a comprehensive platform in the People's Republic of China dedicated to the exchange and support of used consumer electronic devices. The company primarily engages in the resale of a diverse range of products, including smartphones, laptop computers, tablets, unmanned aerial vehicles, digital cameras, household items, and bags. These goods are distributed both via its digital online portals and through a network of physical retail establishments. Furthermore, ATRenew offers its platform as a service to independent merchants, facilitating their sale of products. By December 31, 2021, the company had established a significant presence, managing 1,287 AHS stores and 21 Paipai stores across 214 urban centers. Initially founded in 2011 as AiHuiShou International Co. Ltd., the enterprise adopted its current name, ATRenew Inc., in November 2021. Its principal corporate office is situated in Shanghai, China.
ATRenew Inc. is most often compared with the following Consumer Cyclical names: