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Benzinga

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The Bamboo Works

HISTORICAL FACTS: Atrenew sees better times ahead in evolving role as recycler for all seasons - Caught on Camera

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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