近日，拼多多发布的2025年第一季度财报，让不少人大跌眼镜。数据显示，其总营收同比增长10%，达到956.72亿元 ，看似还在增长，但净利润却同比下降47%，仅为147.42亿元，这可是公司上市以来利润下滑最猛的一次。消息一出，市场瞬间恐慌。财报发布后的两个交易日，拼多多美股盘后股价累计下跌超18%。曾经那个一路狂奔、以低价策略杀遍电商江湖的拼多多，如今似乎陷入了泥沼，卖不动的质疑声此起彼伏。“砍...
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