从成人教育到潮玩生意,量子之歌“豪赌”10.4亿,胜算几何?

玩具前沿
Sep 23, 2025

在竞争日益激烈的潮玩赛道中,又一重量级玩家正全力加码布局。曾经以成人在线学习为主营业务的量子之歌,正在经历一场深刻的战略重塑。其最新发布的2025财年全年及第四季度财报显示,量子之歌在本季度实现潮玩业务收入6580万元(人民币,下同),虽占总收入比重尚不足11%,但仍被管理层视为未来增长的核心引擎。公司预计,2026财年该业务收入将冲刺7.5至8亿元目标,展现出对该战略路径的强烈信心。细究之下,...

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