详解2025Q1:拼多多为什么业绩不及预期?

东哥解读电商
May 29, 2025

来源:东哥解读电商作者:金珊5月27日美股盘前,拼多多发布了业绩公告。财报显示,2025年Q1拼多多总营收956.7亿元,同比增速降到10%。非美国通用会计准则下,归属于普通股股东的净利润为169.2亿元,同比下滑45%。营收和利润大幅低于预期。彭博社此前预估拼多多营收增长18%,非国际会计准则下的净利润增长9%。业绩暴雷,拼多多昨日的收盘价跌幅近14%。拼多多究竟怎么了?至暗时刻:营收增速接近...

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