7Baggers

AiHuiShou International Co Ltd
(NYSE:RERE) 

RERE stock logo

Aihuishou is a bidding-based C2B platform for recycling and selling second-hand electronic items such as mobile phones.

Founded: 2011
CEO / Co-Founder: Xuefeng Chen Kerry 
Sector: Retail Trade
Industry: Electronic Shopping
ChineseE-Commerce
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• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
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• Ex-Dividend date:
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• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2025-11-20 2025-08-20 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2024-03-12 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2023-03-13 2022-12-31 2022-11-22 2022-08-24 2022-05-24 2022-03-10 2021-12-31 2021-11-18 2021-08-17 
                         
      net revenues
    		                     
      net product revenues
    		4,726,335,000 4,558,695,000 4,263,679,000 4,460,603,000 3,672,239,000 3,401,755,000 3,309,819,000 3,522,474,000 3,522,474,000 2,923,970,000 2,636,676,000 2,575,178,000 2,687,917,000 2,687,917,000 2,225,690,000 1,854,133,000 1,908,932,000 2,075,955,000 2,075,955,000 1,664,972,000 1,603,419,000 
      net service revenues
    		422,820,000 432,770,000 389,766,000 388,720,000 378,999,000 374,948,000 341,317,000 351,098,000 351,098,000 332,787,000 326,983,000 296,616,000 293,256,000 293,256,000 310,338,000 291,586,000 297,572,000 359,873,000 359,873,000 297,328,000 264,297,000 
      operating (expenses) income
    		                     
      merchandise costs
    		-4,094,190,000 -3,957,556,000 -3,615,916,000 -3,905,118,000 -3,242,843,000 -2,990,642,000 -2,947,815,000 -3,149,968,000 -3,149,968,000 -2,611,018,000 -2,325,763,000 -2,252,121,000 -2,370,546,000 -2,370,546,000 -1,932,211,000 -1,653,834,000 -1,640,022,000 -1,800,488,000 -1,800,488,000 -1,443,851,000 -1,395,358,000 
      fulfillment expenses
    		-437,102,000 -413,628,000 -427,849,000 -396,948,000 -347,270,000 -328,287,000 -309,768,000 -301,081,000 -301,081,000 -287,704,000 -268,823,000 -266,386,000 -274,927,000 -274,927,000 -277,147,000 -275,201,000 -296,220,000 -290,128,000 -290,128,000 -273,394,000 -275,525,000 
      selling and marketing expenses
    		-363,891,000 -406,870,000 -418,858,000 -376,421,000 -315,293,000 -353,977,000 -321,337,000 -317,025,000 -317,025,000 -299,491,000 -335,303,000 -299,041,000 -594,027,000 -594,027,000 -340,826,000 -293,405,000 -307,794,000 -368,767,000 -368,767,000 -299,007,000 -316,295,000 
      general and administrative expenses
    		-74,147,000 -77,521,000 -63,374,000 -91,111,000 -69,302,000 -72,544,000 -73,825,000 -62,187,000 -62,187,000 -69,826,000 -57,528,000 -76,440,000 -76,605,000 -76,605,000 -63,631,000 -45,227,000 -44,958,000 -51,898,000 -51,898,000 -42,043,000 -310,280,000 
      technology and content expenses
    		-63,823,000 -62,467,000 -55,004,000 -56,973,000 -53,396,000 -49,812,000 -50,183,000 -63,774,000 -63,774,000 -39,430,000 -45,042,000 -47,433,000 -54,456,000 -54,456,000 -50,091,000 -59,726,000 -63,539,000 -61,962,000 -61,962,000 -65,196,000 -81,903,000 
      other operating income
    		4,776,000 17,646,000 244,000 30,352,000 1,751,000 12,925,000 8,406,000 3,752,000 3,752,000 22,640,000 7,836,000 2,036,000 -1,305,000 -1,305,000 17,855,000 13,447,000 11,241,000 11,523,000 11,523,000 10,697,000 4,369,000 
      income from operations
    		120,778,000 91,069,000 72,688,000 53,104,000 24,885,000 -5,634,000 -43,386,000 -16,711,000 -16,711,000 -28,072,000 -60,964,000 -67,591,000 -2,210,619,000 -2,210,619,000 -110,023,000 -168,227,000 -134,788,000 -125,892,000 -125,892,000 -150,494,000 -507,276,000 
      yoy
    		385.34% -1716.42% -267.54% -417.78% -248.91% -79.93% -28.83% -75.28% -99.24% -98.73% -44.59% -59.82% 1540.07% 1655.96% -12.61% 11.78% -73.43%     
      qoq
    		32.62% 25.29% 36.88% 113.40% -541.69% -87.01% 159.63% 0.00% -40.47% -53.95% -9.80% -96.94% 0.00% 1909.23% -34.60% 24.81% 7.07% 0.00% -16.35% -70.33%  
      interest expense
    		-1,258,000 -1,743,000 -1,885,000 -2,684,000 -3,615,000 -4,739,000 -3,978,000 -1,558,000 -1,558,000 -2,186,000 -2,501,000 -811,000 -1,078,000 -1,078,000 -1,566,000 -2,516,000 -1,003,000 -1,785,000 -1,785,000 -2,928,000 -5,513,000 
      interest income
    		5,921,000 5,580,000 8,374,000 6,250,000 8,686,000 5,332,000 6,593,000 13,217,000 13,217,000 11,083,000 5,623,000 7,952,000 2,961,000 2,961,000 11,042,000 2,053,000 1,724,000 2,086,000 2,086,000 1,851,000 1,013,000 
      other income
    		-281,000 4,770,000 -6,487,000 49,000 47,000 85,000 -41,437,000 832,000 832,000 -4,428,000 -1,721,000  -13,678,000 -13,678,000 58,353,000 32,739,000 -38,623,000  -53,301,000 6,882,000 -4,862,000 
      income before income taxes and share of loss in equity method investments
    		125,160,000 99,676,000 72,690,000 -14,290,250 30,003,000                 
      income tax benefits
    		-16,883,000 -17,312,000 -6,270,000 32,341,000 5,949,000 8,540,000 10,047,000 8,923,000 8,923,000 10,047,000 11,700,000 11,860,000 71,476,000 71,476,000 13,318,000 13,876,000 13,113,000 82,103,000 82,103,000 22,841,000 19,460,000 
      share of loss in equity method investments
    		-17,460,000 -10,028,000 -23,620,000 -11,636,000 -18,069,000 -14,257,000 -20,702,000 -1,925,000 -1,925,000 -30,632,000 -16,978,000 -839,000 -307,000    -1,775,000 -6,847,000    
      net income
    		90,817,000 72,336,000 42,800,000 77,424,000 17,883,000 -10,673,000 -92,863,000 2,778,000 2,778,000 -44,188,000 -64,841,000 -49,999,000 -2,151,245,000 -2,151,245,000 -30,090,000 -125,250,000 -161,352,000 -103,636,000 -103,636,000 -121,687,000 -505,685,000 
      yoy
    		407.84% -777.75% -146.09% 2687.04% 543.74% -75.85% 43.22% -105.56% -100.13% -97.95% 115.49% -60.08% 1233.26% 1975.77% -70.97% 2.93% -68.09%     
      qoq
    		25.55% 69.01% -44.72% 332.95% -267.55% -88.51% -3442.80% 0.00% -106.29% -31.85% 29.68% -97.68% 0.00% 7049.37% -75.98% -22.37% 55.69% 0.00% -14.83% -75.94%  
      net income per ordinary share:
    		                     
      basic
    		560 450 270 -132.5 110  -580 20              
      diluted
    		560 440 260 -132.5 110  -580 20              
      weighted-average number of shares used in calculating net income per ordinary share
    		                     
      basic
    		161,397,323,000 161,486,547,000 161,373,633,000  161,405,774,000 166,616,018,000 161,480,251,000 160,765,588,000  161,338,983,000 162,923,637,000 163,827,229,000 162,569,309,000  162,297,853,000 161,498,812,000 162,576,959,000 163,367,269,000  162,659,593,000 37,552,443,000 
      diluted
    		162,686,691,000 162,572,624,000 162,568,603,000  164,258,720,000 166,616,018,000 161,480,251,000 160,765,588,000  161,338,983,000 162,923,637,000 163,827,229,000 162,569,309,000  162,297,853,000 161,498,812,000 162,576,959,000 163,367,269,000  162,659,593,000 37,552,443,000 
      foreign currency translation adjustments
    		892,000 -5,742,000 -999,000 7,190,356 -7,093,000 -330,000 240,000 -7,014,000 -15,888,117 -5,676,000 32,103,000 -10,530,000 8,751,000 38,752,970 -28,397,000 -10,885,000 499,000 1,390,000 -846,761 -1,303,000 2,427,000 
      total comprehensive income
    		91,709,000 66,594,000 41,801,000 -23,209,000 10,790,000                 
      loss before income taxes and share of loss in equity method investments
    		     -4,956,000 -82,208,000 -4,220,000 -4,220,000 -23,603,000 -59,563,000           
      net loss per ordinary share:
    		                     
      basic
    		     -60   -247.5 -270 -400 -310 -13,230 -485 -190 -780 -990 -630 -4,152.5 -750 -13,470 
      diluted
    		     -60   -247.5 -270 -400 -310 -13,230 -485 -190 -780 -990 -630 -4,152.5 -750 -13,470 
      weighted-average number of shares used in calculating net loss income per ordinary share
    		                     
      basic
    		161,397,323,000 161,486,547,000 161,373,633,000  161,405,774,000 166,616,018,000 161,480,251,000 160,765,588,000  161,338,983,000 162,923,637,000 163,827,229,000 162,569,309,000  162,297,853,000 161,498,812,000 162,576,959,000 163,367,269,000  162,659,593,000 37,552,443,000 
      diluted
    		162,686,691,000 162,572,624,000 162,568,603,000  164,258,720,000 166,616,018,000 161,480,251,000 160,765,588,000  161,338,983,000 162,923,637,000 163,827,229,000 162,569,309,000  162,297,853,000 161,498,812,000 162,576,959,000 163,367,269,000  162,659,593,000 37,552,443,000 
      total comprehensive loss
    		     -11,003,000 -92,623,000 -4,236,000 142,983,633 -49,864,000 -32,738,000 -60,529,000 -2,142,494,000 352,977,033 -58,487,000 -136,135,000 -160,853,000 -102,246,000 711,247,692 -122,990,000 -503,258,000 
      goodwill impairment loss
    		            -1,819,926,000         
      weighted-average number of shares used in calculating net loss per ordinary share
    		                     
      basic
    		161,397,323,000 161,486,547,000 161,373,633,000  161,405,774,000 166,616,018,000 161,480,251,000 160,765,588,000  161,338,983,000 162,923,637,000 163,827,229,000 162,569,309,000  162,297,853,000 161,498,812,000 162,576,959,000 163,367,269,000  162,659,593,000 37,552,443,000 
      diluted
    		162,686,691,000 162,572,624,000 162,568,603,000  164,258,720,000 166,616,018,000 161,480,251,000 160,765,588,000  161,338,983,000 162,923,637,000 163,827,229,000 162,569,309,000  162,297,853,000 161,498,812,000 162,576,959,000 163,367,269,000  162,659,593,000 37,552,443,000 
      other loss
    		           -570,000      -53,301,000    
      income before income taxes
    		           -61,020,000 -2,222,414,000 -2,222,414,000 -42,194,000 -135,951,000 -172,690,000 -178,892,000 -178,892,000 -144,689,000 -525,880,000 
      accretion of convertible redeemable preferred shares
    		                     
      net loss attributable to ordinary shareholders of the company
    		            -2,151,245,000 -2,151,245,000 -30,090,000 -125,250,000 -161,352,000 -103,636,000 -103,636,000 -121,687,000 -505,685,000 
      total comprehensive loss attributable to ordinary shareholders
    		            -2,142,494,000 352,977,033 -58,487,000 -136,135,000 -160,853,000 -102,246,000 1,219,366,065 -122,990,000 -503,258,000 
      operating expenses
    		                     
      total operating expenses
    		             -1,835,958,000 -2,663,906,000 -2,327,393,000 -2,352,533,000 -2,573,243,000 -2,573,243,000 -2,123,491,000 -2,379,361,000 
      share of gain in equity method investments
    		             -1,541,000 -1,214,000 -3,175,000      
      fair value change in warrant liabilities
    		                    -9,242,000 
      share of income in equity method investments
    		                  71,000 161,000 735,000 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-11-20 2025-09-30 2025-08-20 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2024-03-12 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2023-03-13 2022-12-31 2022-11-22 2022-09-30 2022-08-24 2022-06-30 2022-05-24 2022-03-31 2021-12-31 2021-09-30 2021-08-17 2021-06-30 2019-12-31 
                                 
        assets
      		                           
        current assets:
      		                           
        cash and cash equivalents
      		1,627,654,000 1,627,654,000 1,299,051,000 1,299,051,000 1,809,162,000 1,970,183,000 1,347,338,000 1,642,998,000 1,609,942,000 1,978,696,000 1,978,696,000 1,432,166,000 1,492,949,000 1,565,659,000 1,703,626,000 1,703,626,000 1,270,326,000 1,270,326,000 1,215,953,000 1,215,953,000 1,126,509,000 1,126,509,000 45,520,000 1,895,666,000 2,785,542,000 2,785,542,000 410,783,000 
        restricted cash
      		6,668,000 6,668,000 104,199,000 104,199,000 100,000,000 132,000,000 132,000,000 232,000,000 232,000,000 210,000,000 210,000,000 212,000,000 210,000,000               
        short-term investments
      		546,685,000 546,685,000 625,705,000 625,705,000 577,892,000 583,764,000 630,123,000 637,721,000 472,674,000 410,547,000 410,547,000 348,061,000 599,009,000 644,280,000 782,230,000 782,230,000 1,013,094,000 1,013,094,000 1,030,682,000 1,030,682,000 880,000,000 880,000,000  380,163,000 50,000,000 50,000,000  
        amount due from related parties
      		244,445,000 244,445,000 406,434,000 406,434,000 253,313,000 117,161,000 218,771,000 179,711,000 139,638,000 89,592,000 89,592,000 233,820,000 168,008,000 102,618,000 115,501,000 115,501,000 125,673,000 125,673,000 139,043,000 139,043,000 304,907,000 304,907,000  324,893,000 305,441,000 305,441,000  
        inventories
      		698,834,000 698,834,000 814,105,000 814,105,000 736,219,000 535,070,000 678,026,000 660,029,000 847,727,000 1,017,155,000 1,017,155,000 672,394,000 735,407,000 583,398,000 433,467,000 433,467,000 454,078,000 454,078,000 673,444,000 673,444,000 667,833,000 667,833,000  500,479,000 352,326,000 352,326,000  
        funds receivable from third party payment service providers
      		356,054,000 356,054,000 319,749,000 319,749,000 294,269,000 233,133,000 241,047,000 255,973,000 285,303,000 253,107,000 253,107,000 321,499,000 241,178,000 292,780,000 316,277,000 316,277,000 389,242,000 389,242,000 347,468,000 347,468,000 412,958,000 412,958,000  262,122,000 191,221,000 191,221,000  
        prepayments and other receivables
      		903,655,000 903,655,000 734,706,000 734,706,000 699,052,000 598,045,000 754,617,000 600,511,000 633,780,000 567,622,000 567,622,000 601,794,000 468,035,000 608,165,000 539,077,000 539,077,000 690,421,000 690,421,000 697,237,000 697,237,000 776,980,000 776,980,000 47,524,000 823,080,000 562,352,000 562,352,000  
        total current assets
      		4,383,995,000 4,383,995,000 4,303,949,000 4,303,949,000 4,469,907,000 4,169,356,000 4,001,922,000 4,208,943,000 4,221,064,000 4,526,719,000 4,526,719,000 3,821,734,000 3,914,586,000 3,796,900,000 3,890,178,000 3,890,178,000 3,942,834,000 3,942,834,000 4,103,827,000 4,103,827,000 4,169,187,000 4,169,187,000 115,359,000 4,186,403,000 4,246,882,000 4,246,882,000 1,094,908,000 
        non-current assets:
      		                           
        long-term investments
      		514,256,000 514,256,000 526,298,000 526,298,000 523,326,000 556,136,000 558,221,000 554,478,000 482,003,000 467,095,000 467,095,000 469,233,000 485,372,000 493,334,000 219,583,000 219,583,000 229,670,000 229,670,000 234,457,000 234,457,000 237,746,000 237,746,000 23,694,000 205,260,000    
        property and equipment
      		229,671,000 229,671,000 197,185,000 197,185,000 177,397,000  159,236,000 145,652,000 150,095,000 148,223,000 148,223,000 131,015,000 121,039,000 111,838,000 118,600,000 118,600,000 118,340,000 118,340,000 115,467,000 115,467,000 102,149,000 102,149,000  85,858,000 78,265,000 78,265,000  
        intangible assets
      		11,432,000 11,432,000 12,211,000 12,211,000 30,124,000 56,603,000 100,496,000 146,889,000 203,737,000 270,631,000 270,631,000 337,525,000 404,420,000 474,535,000 544,650,000 544,650,000 832,634,000 832,634,000 913,693,000 913,693,000 994,752,000 994,752,000  1,159,876,000 1,241,364,000 1,241,364,000 1,682,963,000 
        other non-current assets
      		158,551,000 158,551,000 160,664,000 160,664,000 154,955,000 152,094,000 149,115,000 67,070,000 74,430,000 80,411,000 80,411,000 77,215,000 82,496,000 87,638,000 95,744,000 95,744,000 103,352,000 103,352,000 91,234,000 91,234,000 105,118,000 105,118,000 16,670,000 98,271,000 98,115,000 98,115,000  
        total non-current assets
      		913,910,000 913,910,000 896,358,000 896,358,000 885,802,000 921,365,000 967,068,000 914,089,000 950,265,000 966,360,000 966,360,000 1,014,988,000 1,093,327,000 1,167,345,000 1,158,577,000 1,158,577,000 3,103,922,000 3,103,922,000 3,174,777,000 3,174,777,000 3,243,180,000 3,243,180,000 6,337,737,000 3,398,911,000 3,335,271,000 3,335,271,000 3,690,539,000 
        total assets
      		5,297,905,000 5,297,905,000 5,200,307,000 5,200,307,000 5,355,709,000 5,090,721,000 4,968,990,000 5,123,032,000 5,171,329,000 5,493,079,000 5,493,079,000 4,836,722,000 5,007,913,000 4,964,245,000 5,048,755,000 5,048,755,000 7,046,756,000 7,046,756,000 7,278,604,000 7,278,604,000 7,412,367,000 7,412,367,000 6,453,096,000 7,585,314,000 7,582,153,000 7,582,153,000 4,785,447,000 
        liabilities and shareholders' equity
      		                           
        current liabilities:
      		                           
        short-term borrowings
      		149,800,000 149,800,000 171,000,000 171,000,000 281,000,000 225,000,000 307,291,000 465,401,000 560,401,000 349,931,000 349,931,000 199,981,000 278,983,000 318,983,000 123,983,000 123,983,000 75,744,000 75,744,000 146,370,000 146,370,000 154,364,000 154,364,000 30,300,000 141,957,000 209,205,000 209,205,000  
        accounts payable
      		146,268,000 146,268,000 139,976,000 139,976,000 152,492,000 171,356,000 105,314,000 73,153,000 133,793,000 532,293,000 532,293,000 116,532,000 70,364,000 84,552,000 73,335,000 73,335,000 56,771,000 56,771,000 66,894,000 66,894,000 74,974,000 74,974,000  49,142,000 48,317,000 48,317,000  
        contract liabilities
      		79,139,000 79,139,000 104,222,000 104,222,000 228,264,000 98,834,000 81,571,000 176,458,000 86,997,000 119,715,000 119,715,000 158,086,000 257,670,000 89,584,000 195,369,000 195,369,000 148,953,000 148,953,000 304,867,000 304,867,000 258,784,000 258,784,000      
        accrued expenses and other current liabilities
      		648,487,000 648,487,000 584,931,000 584,931,000 563,403,000 522,378,000 478,145,000 435,544,000 448,126,000 465,123,000 465,123,000 343,795,000 320,933,000 390,046,000 449,489,000 449,489,000 407,150,000 407,150,000 387,508,000 387,508,000 368,817,000 368,817,000 2,337,000 435,328,000 394,331,000 394,331,000  
        accrued payroll and welfare
      		189,921,000 189,921,000 184,837,000 184,837,000 167,358,000 179,693,000 148,945,000 125,315,000 105,622,000 146,371,000 146,371,000 142,605,000 119,171,000 93,814,000 132,468,000 132,468,000 127,402,000 127,402,000 79,654,000 79,654,000 75,249,000 75,249,000  114,659,000 107,319,000 107,319,000  
        amount due to related parties
      		116,418,000 116,418,000 146,858,000 146,858,000 139,786,000 109,730,000 116,255,000 132,845,000 85,327,000 78,032,000 78,032,000 36,069,000 73,647,000 38,016,000 47,604,000 47,604,000 36,567,000 36,567,000 53,440,000 53,440,000 65,787,000 65,787,000  33,568,000 45,067,000 45,067,000  
        total current liabilities
      		1,330,033,000 1,330,033,000 1,331,824,000 1,331,824,000 1,532,303,000 1,306,991,000 1,237,521,000 1,408,716,000 1,420,266,000 1,691,465,000 1,691,465,000 997,068,000 1,120,768,000 1,014,995,000 1,022,248,000 1,022,248,000 852,587,000 852,587,000 1,038,733,000 1,038,733,000 997,975,000 997,975,000 32,637,000 774,654,000 804,239,000 804,239,000 755,093,000 
        non-current liabilities:
      		                           
        operating lease liabilities, non-current
      		76,986,000 76,986,000 73,209,000 73,209,000 76,383,000 79,934,000 80,366,000 14,942,000 17,785,000 22,495,000 22,495,000 19,926,000 17,857,000 23,682,000 33,523,000 33,523,000 38,769,000 38,769,000 37,109,000 37,109,000 35,511,000 35,511,000      
        deferred tax liabilities
      		2,469,000 2,469,000 2,585,000 2,585,000 5,272,000 9,244,000 42,099,000 49,071,000 57,611,000 67,658,000 67,658,000 77,705,000 87,753,000 99,452,000 111,312,000 111,312,000 182,788,000 182,788,000 196,106,000 196,106,000 210,025,000 210,025,000  327,500,000 350,341,000 350,341,000  
        total non-current liabilities
      		79,455,000 79,455,000 75,794,000 75,794,000 81,655,000 89,178,000 122,465,000 64,013,000 75,396,000 90,153,000 90,153,000 97,631,000 105,610,000 123,134,000 144,835,000 144,835,000 221,557,000 221,557,000 233,215,000 233,215,000 245,536,000 245,536,000  333,477,000 383,994,000 383,994,000 389,280,000 
        total liabilities
      		1,409,488,000 1,409,488,000 1,407,618,000 1,407,618,000 1,613,958,000 1,396,169,000 1,359,986,000 1,472,729,000 1,495,662,000 1,781,618,000 1,781,618,000 1,094,699,000 1,226,378,000 1,138,129,000 1,167,083,000 1,167,083,000 1,074,144,000 1,074,144,000 1,271,948,000 1,271,948,000 1,243,511,000 1,243,511,000 32,637,000 1,108,131,000 1,188,233,000 1,188,233,000 1,144,373,000 
        total shareholders' equity
      		3,888,417,000 3,888,417,000 3,792,689,000 3,792,689,000 3,741,751,000  3,609,004,000 3,650,303,000 3,675,667,000 3,711,461,000  3,742,023,000 3,781,535,000 3,826,116,000 3,881,672,000  5,972,612,000 5,972,612,000 6,006,656,000 6,006,656,000 6,168,856,000 6,168,856,000     -3,439,004,000 
        total liabilities and shareholders' equity
      		5,297,905,000 5,297,905,000 5,200,307,000 5,200,307,000 5,355,709,000  4,968,990,000 5,123,032,000 5,171,329,000 5,493,079,000  4,836,722,000 5,007,913,000 4,964,245,000 5,048,755,000  7,046,756,000 7,046,756,000 7,278,604,000 7,278,604,000 7,412,367,000 7,412,367,000      
        property, plant and equipment
      		     156,532,000                      
        liabilities and shareholders’ equity
      		                           
        amount due from related parties, net, non-current
      		        40,000,000      180,000,000 180,000,000            
        goodwill
      		                1,819,926,000 1,819,926,000 1,819,926,000 1,819,926,000 1,803,415,000 1,803,415,000  1,803,415,000 1,803,415,000 1,803,415,000 1,803,415,000 
        amounts due from related parties
      		                      22,315,000     
        investments in subsidiaries’ and vie’s subsidiaries
      		                      6,297,373,000     
        liabilities
      		                           
        long-term borrowings
      		                       5,977,000 14,066,000 14,066,000  
        convertible redeemable preferred shares
      		                           
        shareholders’ equity
      		                           
        ordinary shares
      		                           
        class a ordinary shares
      		                      609,000     
        class b ordinary shares
      		                      305,000     
        class c ordinary shares
      		                      7,000     
        additional paid-in capital
      		                      12,954,163,000     
        accumulated deficit
      		                      -6,538,947,000     
        accumulated other comprehensive income
      		                      4,322,000     
        total shareholders’ equity
      		                      6,420,459,000     
        total liabilities, mezzanine equity and shareholders’ equity
      		                      6,453,096,000     
        liabilities, mezzanine equity and equity
      		                           
        convertible bonds
      		                           
        total mezzanine equity
      		                          7,080,078,000 
        total (deficit) equity
      		                       6,477,183,000    
        total liabilities, mezzanine equity and equity
      		                       7,585,314,000 7,582,153,000 7,582,153,000  
        net revenues
      		                           
        net product revenues
      		                       1,664,972,000    
        net service revenues
      		                       297,328,000    
        operating expenses
      		                           
        merchandise costs
      		                       -1,443,851,000    
        fulfillment expenses
      		                       -273,394,000    
        selling and marketing expenses
      		                       -299,007,000    
        general and administrative expenses
      		                       -42,043,000    
        technology and content expenses
      		                       -65,196,000    
        total operating expenses
      		                       -2,123,491,000    
        other operating income
      		                       10,697,000    
        income from operations
      		                       -150,494,000    
        interest expense
      		                       -2,928,000    
        interest income
      		                       1,851,000    
        other income
      		                       6,882,000    
        income before income taxes
      		                       -144,689,000    
        income tax benefits
      		                       22,841,000    
        share of income in equity method investments
      		                       161,000    
        net income
      		                       -121,687,000    
        accretion of convertible redeemable preferred shares
      		                           
        net income attributable to ordinary shareholders of the company
      		                       -121,687,000    
        net income per ordinary share:
      		                           
        basic
      		                       -750    
        diluted
      		                       -750    
        weighted-average number of shares used in calculating net income per ordinary share
      		                           
        foreign currency translation adjustments
      		                       -1,303,000    
        total comprehensive loss
      		                       -122,990,000    
        total comprehensive loss attributable to ordinary shareholders
      		                       -122,990,000    
        investment in equity investees
      		                        114,112,000 114,112,000  
        warrant liability
      		                        19,587,000 19,587,000  
        equity
      		                           
        total equity
      		                        6,393,920,000 6,393,920,000  
        short term investments
      		                          125,573,000 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD