Net revenue grew 7.4% year-over-year to $2.93 billion. Net loss narrowed to $105 million from $113 million in the prior-year period. Adjusted EBITDA improved to $151 million, up from $106 million in Q1 2025. Active customer count reached 21.4 million, with 79.8% of orders coming from repeat buyers. Operating expenses decreased by 7.1% to $891 million, reflecting disciplined cost management.