Trenbe Posts 3 Straight Months of Profit, Annual Turnaround in Sight

Luxury platform Trenbe has finally spread its wings! With the news of achieving a surplus for three consecutive months (March-May), expectations for an annual surplus conversion this year are greatly heightened. This is a valuable achievement brought about not by simple cost-cutting, but through a clever reorganization of its business structure. As a result of focusing on global market expansion and fostering its pre-owned luxury goods trading business, operating profit in the past three months surged by a whopping 105% compared to the same period last year. Behind these achievements are two powerful engines. First, the remarkable progress of the global platform 'Trenbe.net', ambitiously launched last December. As of May, its transaction volume surged by an astounding 430% compared to February (before achieving a surplus), surprising everyone. A key factor was its transparent pricing policy, including customs duties and VAT, which allowed overseas consumers in countries like the US and UK to conveniently purchase domestic pre-owned luxury goods as if they were shopping next door. This is a testament to Trenbe's clever strategy that completely eliminated the hassle of overseas direct purchases. Second, the explosive growth of its pre-owned luxury goods trading business. Trenbe established a 'resale integrated hub', providing a one-stop service including consignment, auction, immediate purchase, and even the innovative 'Shuffle' service, which allows exchange for desired luxury items, thus opening new horizons in the pre-owned business. As a result, the proportion of pre-owned transaction volume reached 48% in May, a 21 percentage point increase year-on-year, solidifying its performance improvement. It is being lauded for offering optimal convenience to both partners and customers, thereby changing the market landscape. Furthermore, Trenbe is building trust through win-win policies, such as lowering fees for small and medium-sized partners and providing authentication education, steadily increasing the influx of new sellers. It is creating a virtuous cycle where it grows together with its partners. Trenbe plans to continue its growth in the second half of the year through global business expansion and its pre-owned business centered around the resale integrated hub. In particular, it has set an ambitious goal of breaking its highest operating profit record with a global special exhibition targeting the year-end Black Friday. A Trenbe official stated, "We have established a sustainable growth foundation and secured financial stability with a business model optimized for global and pre-owned businesses," and expressed a strong ambition to "make this year the first year of annual surplus conversion through internal management and strengthened risk management capabilities." We look forward to Trenbe's unstoppable momentum!