Investment
Features
FeesSafety
Academy
More
Pluang+

ATRenew reports 32% revenue growth and 216% net income rise in Q1 2026, driven by strong sales in pre-owned electronics.

Company Fundamentals
19 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

ATRenew Inc. announced a 32.4% increase in total net revenues to RMB6.16 billion and a 215.7% rise in net income to RMB135.1 million for Q1 2026, fueled by higher sales of pre-owned consumer electronics and expanded recycling services. The company improved operational efficiency through AI-driven pricing and expanded its refurbishment capacity, enhancing its value chain control. ATRenew expects continued revenue growth of 25-27% in Q2 2026 and plans to optimize costs while expanding its market presence in China's second-hand industry.

More News

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
2 hours ago
Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...

Market News
Bullish
4 hours ago
XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...

Technical Signals
Bullish
4 hours ago
Revolut gets preliminary UAE crypto license, expands services while removing USDT in Europe by August

Revolut gets preliminary UAE crypto license, expands services while removing USDT in Europe by August

Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...

Market News
Bullish
4 hours ago
Gold nears $4,020 support as U.S. retail sales data could shift Fed rate outlook this week.

Gold nears $4,020 support as U.S. retail sales data could shift Fed rate outlook this week.

Gold and silver prices are under pressure ahead of key U.S. retail sales data that could influence Federal Reserve interest rate decisions. Central banks, led by Poland and China, continue to boost gold reserves, adding 41 tonnes in May, supporting l...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App