拼多多:外部竞争加剧 内部投入加大

中金公司
22 Nov 2024

3Q24 收入不及市场预期,非通用会计准则净利润不及市场预期公司公布3Q24 业绩:收入同比增长44.3%至994 亿元,低于市场预期3%,主要系交易服务收入低于市场预期。非通用会计准则净利润275 亿元,低于市场预期6%,主要系主站和Temu 投入加大。发展趋势让利商家,加大投入,国内佣金收入和利润承压。拼多多3Q24 广告和其他收入同增24%,基本符合预期;3Q24 佣金收入同增71.5%,...

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