拼多多:收入及利润增速放缓 商户友好政策促进生态健康发展

招商证券
22 Nov 2024

拼多多发布2024Q3 业绩,Q3 公司营业收入993.5 亿元,YOY+44%,广告收入493.5 亿元,YOY+24%,佣金收入500 亿元,YOY+72%,Non-GAAP归母净利润275 亿元,YOY+61%。本季度行业竞争加剧及以旧换新补贴行业背景下平台受益有限带来收入及利润增速有所放缓,同时平台推出系列商户扶持政策有望促进平台及供应链健康发展,长期仍看好公司主站稳固性价比竞争力及海外...

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