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Benzinga
Benzinga
Business
The Bamboo Works

ATRenew Sees Better Times Ahead in Evolving Role as 'Recycler for All Seasons'

China United States RENT Covid-19 Luxury

Key Takeaways:

  • ATRenew forecast 30% year-on-year revenue growth in the current quarter, as its business starts to rebound from a sharp slowdown caused by China’s strict Covid control measures
  • Company detailed promising early results for its move into luxury goods and photography equipment recycling, and unveiled its first move abroad with a Japanese tie-up
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