【招银研究|行业点评】2025年“双十一”AI化:平台练兵、商家提效、用户尝鲜

招商银行研究
Nov 18, 2025

2025年的“双十一”电商大促活动已于11月14日落幕。第三方数据显示,全网销售额达1.7万亿元,同比增长14.2%,淘天、京东、抖音、拼多多等主流平台GMV增速在8%—15%之间。整体来看,今年各大电商平台延续了2024年拉长促销周期、精简优惠规则的运营策略,市场格局和商品品类分布也基本保持稳定(相关数据在附录中列示)。相较之下,对于AI技术的重视则是今年“双十一”最鲜明的变化。我们对此简评如下...

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