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Secoo Holding Limited's Business Segments
Secoo Holding Limited's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
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Largest Segment
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Total Revenue
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Regions Reported
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API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/SECO/segments
https://api.csimarket.com/api/v1/companies/SECO/geographic
https://api.csimarket.com/api/v1/companies/SECO/exposure
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Annual Results
Revenue by Product & Service Category -
- Product0%
- Clothing Footwear and Accessories0%
- Other Products89.9%
- Bags82.4%
- Jewelleries66.1%
- Merchandise Sales Watches36.5%
- Service30%
- Marketplace Services23.9%
- Other Services6.1%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 2,986 | - |
| Clothing Footwear and Accessories | $ 1,652 | - |
| Other Products | $ 436 | 89.9% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Secoo Holding Limited
Secoo Holding Limited is a leading Chinese online retailer of luxury and high-end products, such as watches, jewelry, apparel, accessories, and home furnishings. Founded in 2008, the company's headquarters is in Beijing, China. It operates two main platforms: the Secoo.com online platform and offline experience centers.
The company's online platform, Secoo.com, provides a one-stop-shop experience for luxury goods, featuring more than 330,000 products from nearly 4,000 international and domestic luxury brands. The platform is easy to navigate, and customers can shop by product category, brand, price, and occasion. Secoo.com also features personalized styling advice and membership benefits, such as access to exclusive events and promotions.
In addition to its online platform, Secoo Holding has over 50 offline experience centers, which offer customers an immersive luxury shopping experience. These centers feature limited edition and exclusive products, as well as a range of interactive experiences, including art exhibitions, cultural events, and personalized styling services.
Secoo Holding has built a strong reputation for authenticity, quality, and customer service, and has established itself as a trusted partner for luxury brands, offering them access to China's growing market for luxury goods. The company has partnerships with over 200 luxury brands, including Armani, Versace, and BMW.
In recent years, Secoo Holding has expanded its services to include luxury travel, art investment, and financial services for its high net worth customers. The company has also made significant investments in technology to improve its e-commerce and data analysis capabilities.
As of 2021, Secoo Holding has over 23 million registered users and recorded revenue of RMB7 billion ($405 million) in 2020. The company is listed on the NASDAQ under the ticker symbol “SECO”.
The company's online platform, Secoo.com, provides a one-stop-shop experience for luxury goods, featuring more than 330,000 products from nearly 4,000 international and domestic luxury brands. The platform is easy to navigate, and customers can shop by product category, brand, price, and occasion. Secoo.com also features personalized styling advice and membership benefits, such as access to exclusive events and promotions.
In addition to its online platform, Secoo Holding has over 50 offline experience centers, which offer customers an immersive luxury shopping experience. These centers feature limited edition and exclusive products, as well as a range of interactive experiences, including art exhibitions, cultural events, and personalized styling services.
Secoo Holding has built a strong reputation for authenticity, quality, and customer service, and has established itself as a trusted partner for luxury brands, offering them access to China's growing market for luxury goods. The company has partnerships with over 200 luxury brands, including Armani, Versace, and BMW.
In recent years, Secoo Holding has expanded its services to include luxury travel, art investment, and financial services for its high net worth customers. The company has also made significant investments in technology to improve its e-commerce and data analysis capabilities.
As of 2021, Secoo Holding has over 23 million registered users and recorded revenue of RMB7 billion ($405 million) in 2020. The company is listed on the NASDAQ under the ticker symbol “SECO”.
Secoo Holding Limited is a Chinese retail company that primarily operates within the luxury goods market sector. The company specializes in offering a range of products and services that cater to the affluent and discerning customers in China, providing them with access to high-end and premium brands from around the world. Secoo has positioned itself as a one-stop-shop for luxury products and services, creating an all-inclusive retail experience that encompasses fashion, lifestyle, travel, art, and cultural experiences.
Segments:
Secoo Holding Limited operates in four primary business segments, and these are:
1. Online Marketplace: Secoo's online marketplace is the primary driver of the company's sales, allowing customers to browse a wide range of luxury goods from around the world. The online marketplace also provides a platform for brands, distributors, and sellers to reach Chinese consumers, creating a bridge between global luxury brands and the Chinese market.
2. Offline Stores: Secoo operates a number of offline stores across China, including flagship stores in Beijing, Shanghai, and Hong Kong. These stores provide a physical retail experience that allows customers to explore luxury products and receive personalized service and advice from Secoo's expert team of sales associates.
3. Membership Program: Secoo's membership program offers exclusive benefits to loyal customers who spend a certain amount of money or make regular purchases on the platform. These benefits include discounts, personalized recommendations, and access to exclusive events and experiences.
4. Travel and Lifestyle Services: Secoo's travel and lifestyle services segment offers luxury travel experiences and a range of lifestyle services, such as art advisory and design consulting, to affluent customers. This segment enables Secoo to create a comprehensive luxury experience for its customers, offering them everything they need to lead a luxurious lifestyle.
Products and Services:
Secoo offers an extensive range of luxury products and services across several categories, including:
1. Fashion and Accessories: Secoo's fashion and accessories category includes high-end clothing and accessories, such as bags, shoes, jewelry, and watches, from well-known luxury brands, including Prada, Gucci, Burberry, and Chanel.
2. Beauty and Skincare: Secoo offers an array of skincare products and beauty services from top brands, such as Shiseido, Est'e Lauder, and Lanc'me, providing customers with everything they need to look and feel their best.
3. Home and Design: Secoo's home and design category offers an extensive range of high-end furniture, home d'cor, and art collections, providing customers with the highest quality products for their homes.
4. Travel and Lifestyle: In addition to travel services, Secoo offers a range of lifestyle services, including art advisory, personal shopping, and design consulting.
5. Health and Wellness: Secooes health and wellness category offers a wide range of products from supplements to massagers to provide its customers a relaxing experience.
Overall, the Secoo Holding Limited brand represents luxury, quality, and exclusivity, providing its customers with a comprehensive and high-end shopping and lifestyle experience. Anchored by its online marketplace, the company also leverages its offline stores and membership program to create a unique and personalized experience for its discerning clientele.
Segments:
Secoo Holding Limited operates in four primary business segments, and these are:
1. Online Marketplace: Secoo's online marketplace is the primary driver of the company's sales, allowing customers to browse a wide range of luxury goods from around the world. The online marketplace also provides a platform for brands, distributors, and sellers to reach Chinese consumers, creating a bridge between global luxury brands and the Chinese market.
2. Offline Stores: Secoo operates a number of offline stores across China, including flagship stores in Beijing, Shanghai, and Hong Kong. These stores provide a physical retail experience that allows customers to explore luxury products and receive personalized service and advice from Secoo's expert team of sales associates.
3. Membership Program: Secoo's membership program offers exclusive benefits to loyal customers who spend a certain amount of money or make regular purchases on the platform. These benefits include discounts, personalized recommendations, and access to exclusive events and experiences.
4. Travel and Lifestyle Services: Secoo's travel and lifestyle services segment offers luxury travel experiences and a range of lifestyle services, such as art advisory and design consulting, to affluent customers. This segment enables Secoo to create a comprehensive luxury experience for its customers, offering them everything they need to lead a luxurious lifestyle.
Products and Services:
Secoo offers an extensive range of luxury products and services across several categories, including:
1. Fashion and Accessories: Secoo's fashion and accessories category includes high-end clothing and accessories, such as bags, shoes, jewelry, and watches, from well-known luxury brands, including Prada, Gucci, Burberry, and Chanel.
2. Beauty and Skincare: Secoo offers an array of skincare products and beauty services from top brands, such as Shiseido, Est'e Lauder, and Lanc'me, providing customers with everything they need to look and feel their best.
3. Home and Design: Secoo's home and design category offers an extensive range of high-end furniture, home d'cor, and art collections, providing customers with the highest quality products for their homes.
4. Travel and Lifestyle: In addition to travel services, Secoo offers a range of lifestyle services, including art advisory, personal shopping, and design consulting.
5. Health and Wellness: Secooes health and wellness category offers a wide range of products from supplements to massagers to provide its customers a relaxing experience.
Overall, the Secoo Holding Limited brand represents luxury, quality, and exclusivity, providing its customers with a comprehensive and high-end shopping and lifestyle experience. Anchored by its online marketplace, the company also leverages its offline stores and membership program to create a unique and personalized experience for its discerning clientele.