曾在“百团大战”中依靠极致效率四处出击、不断扩大规模的美团,如今似乎陷入了四处碰壁的窘境,只能通过不断向外试探来对冲核心盘的风险。文 | 万 芙过去一年,资本市场对美团的态度发生了剧烈反转。从2025年3月7日189.6港元/股的局部高点,一路下挫至2026年3月4日的73.6港元/股附近。短短一年时间,美团市值蒸发了7000亿港元。这种断崖式下跌,直接导火索是其惨淡的财务表现。美团近期发布的业绩...
Source Link曾在“百团大战”中依靠极致效率四处出击、不断扩大规模的美团,如今似乎陷入了四处碰壁的窘境,只能通过不断向外试探来对冲核心盘的风险。文 | 万 芙过去一年,资本市场对美团的态度发生了剧烈反转。从2025年3月7日189.6港元/股的局部高点,一路下挫至2026年3月4日的73.6港元/股附近。短短一年时间,美团市值蒸发了7000亿港元。这种断崖式下跌,直接导火索是其惨淡的财务表现。美团近期发布的业绩...
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