RERE.US Corporate Blog – October 2024

AHS Recycle net added 13 self-operated stores and 28 jointly operated stores in October, further expanding its trade-in service and retail network. AHS Recycle's jade in-store recycling under the multi-category recycling business was well received by users, and the store appointment calendar was updated to serve 16 cities across the country in October.

AHS Recycle collaborates with an increasing number of consumer brand owners while rolling out the "Revive Initiative." In October, it joined hands with Milkground, Kellogg's, Fornet, ChaPanda, Meituan Qingshan, etc. to promote the recycling, classification and reuse of recyclables such as plastics, paper products, packaging goods, and fabrics among residents. Users are encouraged to redeem physical gifts or vouchers provided by brand owners to jointly practice a sustainable circular economy.

In October, PJT Marketplace team brainstormed its strategy 2.0 to further leverage its infrastructure capabilities of the pre-owned consumer electronic products transaction industry. PJT aims to optimize the merchant service model on the supply side, integrate quality inspection standards and pricing capabilities on the processing side, and enhance the experience for users during the sales process. Previously, the management of ATRenew addressed at a public meeting that PJT, its B2B trading platform, had joined forces with Douyin e-commerce to empower more small and medium-sized businesses to thrive in the new retail landscape by leveraging PJT's leading second-hand consumer electronics supply chain.