ATRenew Inc, formerly AiHuiShou International Co Ltd, is a pre-owned consumer electronics transactions and services platform in China. The Company focuses on the recycling business of electronic digital products such as mobile phones and notebooks.
price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
target price of 3.55 - 3.65.
The second-hand 3C platform is among the most promising businesses in the space in China.
On June 18, 2021, Aihuishou was listed on NYSE under the ticker RERE by issuing 16.23 million American Depositary Shares (ADS). According to the company, 60% of the funds raised in the IPO will diversify services, and expand its AHS store network and sales. 20% will be used...
