Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

ATRenew: A Turnaround Story With Material Increase in Profit Margins + Remaining Share Buyback

Equity Capital Markets

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<p style="text-align: left;"><a href="https://www.smartkarma.com/entities/aihuishou" target="_blank" data-smartkarma-citation="entities:33426:1" rel="noopener">Aihuishou (RERE US), </a>a leading electronics resale platform in China, is getting ready to complete its IPO on the NYSE in the coming weeks. JD.com has a 34% stake in Aihuishou. Established in 2011 as an online platform buying and selling second-hand phones and other consumer electronics, Aihuishou focuses on the electronics, unlike its major competitors such as Alibaba’s Xianyu and 58.com’s Zhuanzhuan.</p>
<p style="text-align: left;">China's second-hand electronics market is big. In 2020, people in China bought and sold 189 million used devices, generating 252 billion RMB in gross merchandise volume. </p>
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Aihuishou (RERE US), a leading electronics resale platform in China, is getting ready to complete its IPO on the NYSE in the coming weeks. JD.com has a 34% stake in Aihuishou. Established in 2011 as an online platform buying and selling second-hand phones and other consumer electronics, Aihuishou focuses on the electronics, unlike its major competitors such as Alibaba’s Xianyu and 58.com’s Zhuanzhuan.
China's second-hand electronics market is big. In 2020, people in China bought and sold 189 million used devices, generating 252 billion RMB in gross merchandise volume. 


ATRenew

Aihuishou IPO Preview