拼多多变了!但是真有钱

杠杆游戏
Nov 22

文|蜜妹 文章来源|闺蜜财经拼多多给自己泼了一盆冷水。2025年11月18日,拼多多披露三季度财报,舆论一片欢呼。然而电话会议上,管理层罕见连续使用“反复波动”“牺牲利润”“阶段性劣势”等负面措辞,并直言“本季度利润不能作为未来指引”。股价这边更撕裂:11月18日,拼多多美股大幅低开,当日收盘跌了7.33%,每股价格为119.58美元。这是咋回事?拼多多的增长故事到底进入了哪一章?01先看整体业绩...

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