ATRenew Benefits As Rising Memory Prices Boost Demand For Used Electronics
The recycling specialist’s revenue grew 32.4% in the second quarter, easily beating its earlier guidance, as its core product sales rose nearly 36% image: Bamboo Works Key Takeaways: ATRenew’s revenue rose
ATRenew sold way more used electronics than expected because memory chips got more expensive, making people want cheaper options. When you see a company beat its own goals this badly, it hints customers really wanted what they were selling.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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