东方波澜 personal page - To The Moon

东方波澜

东方波澜

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2022-05-15

$Sea Ltd(SE)$good stock to buy. A lot of potential

2021-06-10

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2021-06-09

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2021-06-07

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贝佐斯和他的兄弟将参加蓝色起源公司的太空飞行

2021-06-07

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2021-06-05

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2021-05-29

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2021-05-27

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用户破8亿、超阿里，拼多多下一步要做什么？

2021-05-26

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2021-05-25

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2021-05-25

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2021-05-24

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2021-05-21

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那些“迟到”的大厂与“早退”的CEO

2021-05-18

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2021-05-17

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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n贝佐斯和他的兄弟将参加蓝色起源公司的太空飞行\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-07 18:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>亚马逊创始人贝佐斯表示，他本人和他的兄弟将参加蓝色起源定于7月进行的太空飞行。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c5c24ebb3777a08add85d8b2a6ba661e","relate_stocks":{"AMZN":"亚马逊"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199907200","content_text":"亚马逊创始人贝佐斯表示，他本人和他的兄弟将参加蓝色起源定于7月进行的太空飞行。","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114832238,"gmtCreate":1623064228124,"gmtModify":1704195288839,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114832238","repostId":"1199907200","repostType":4,"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112491026,"gmtCreate":1622897579565,"gmtModify":1704193101519,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/112491026","repostId":"2141400426","repostType":4,"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137929722,"gmtCreate":1622287418466,"gmtModify":1704182718655,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137929722","repostId":"1140647879","repostType":4,"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132461175,"gmtCreate":1622107752697,"gmtModify":1704179595084,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132461175","repostId":"2138140998","repostType":4,"repost":{"id":"2138140998","pubTimestamp":1622105065,"share":"https://www.laohu8.com/m/news/2138140998?lang=&edition=full","pubTime":"2021-05-27 16:44","market":"us","language":"zh","title":"用户破8亿、超阿里，拼多多下一步要做什么？","url":"https://stock-news.laohu8.com/highlight/detail?id=2138140998","media":"腾讯科技","summary":"财报显示，第一季度拼多多营收221.7亿元，同比增长239%；非通用会计准则下，归属于普通股股东的净亏损为18.903亿元，同比大幅收窄；截至2021年3月31日，拼多多年度活跃买家数达到8.238亿，较上一年同期净增1.957亿。本季度，拼多多营销服务收入为141.1亿元，同比增长157%，创下近一年多以来的新高。所以，拼多多下一步要做什么，用David Liu的话来说，就是要提高用户的粘性。","content":"<p>5月26日晚间，拼多多发布了2021年第一季度财报，这也是黄峥卸任董事长、陈磊接任董事长之后的首份财报。</p>\n<p>财报显示，第一季度拼多多营收221.7亿元，同比增长239%；非通用会计准则下，归属于普通股股东的净亏损为18.903亿元，同比大幅收窄；截至2021年3月31日，拼多多年度活跃买家数达到8.238亿，较上一年同期净增1.957亿。</p>\n<p>单从这几个核心数据上看，拼多多的成绩单似乎还不错。但拼多多股价却在科技股普遍走强的情况下，逆势下挫超5%，不禁让人怀疑：拼多多不行了吗？黄峥卸任之后，陈磊能否守住拼多多的基本盘？年度活跃买家逐渐触碰天花板的时候，拼多多的增长点又在哪儿？本期《企鹅解码》为您揭秘。</p>\n<p><b>自营商品销售刺激营收大涨</b></p>\n<p><img src=\"https://static.tigerbbs.com/4d698512649687888aa0083d9e2a3bb5\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>从去年第四季度开始，拼多多上线了自营模式，财报中也开始加入了“商品收入”一项。也正是由于这个变化，拼多多营收增速从去年开始重回100%之上，在本季度更是达到了239%，创下近两年新高。由于去年二三季度没有“商品收入”，预计拼多多的营收增速仍将维持高速增长。</p>\n<p>与之前财报不同，拼多多并没有公布年化GMV，因此无法直观看出自营业务对拼多多GMV的改善。但在财报结束后的电话会议上，拼多多财务副总裁财马靖表示，自营业务是在商家无法满足消费者需求的时候，平台所做的一个暂时满足需求的渠道，这个业务并不是拼多多的战略重点，所以产生的GMV对于整体平台来说是非常小的。</p>\n<p>上个季度，拼多多的年化GMV为1.67万亿元，分摊到每个季度约为4175亿元。本季度，拼多多来自自营的收入为51.24亿元，由此可见这部分对于营收的增长贡献很多，但对于GMV的提升，确实影响非常小。</p>\n<p>此外，如果将这部分刨除的话，拼多多的营收为170.46亿元，同比增长160.64%，增速为2019年下半年以来的新高。</p>\n<p><img src=\"https://static.tigerbbs.com/13abbd9d6ae21bfd2934ecf3dd120f09\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>从拼多多当前营收结构来看，商品销售收入已成为第二大业务，第一大业务仍为营销服务。</p>\n<p><img src=\"https://static.tigerbbs.com/00e9c2aeb7995c7e8ab261b486215a95\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>本季度，拼多多营销服务收入为141.1亿元，同比增长157%，创下近一年多以来的新高。</p>\n<p><img src=\"https://static.tigerbbs.com/2144822e2487bd30e637185daae3a88e\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>交易服务收入虽然在拼多多的营收结构中占比最小，但是本季度的变化却值得注意：收入29.3亿元，同比增长180%，前者创下历史新高，后者创下近两年多以来的新高。</p>\n<p>也有分析师在电话会议上对这一高增长提出了疑问。对此，马靖的回答是：一是受一季度销售额的增长推动，二是受多多买菜业务营收增长的推动。</p>\n<p>但这个回答并没有揭开所有疑团。每年的第四季度，由于有双11购物狂欢，因此是电商平台每年的销售最旺季，营收也要显著高于其他季度，拼多多也并不例外，所以交易服务费用在每年的第四季度也应该是最高的，而次年的第一季度应该会环比下降。</p>\n<p>今年一季度拼多多的营收环比下降超40亿元，从理论上来看，交易服务费用也应该环比下滑，但实际情况是，交易服务费用环比增长了6.6亿元。因此，拼多多究竟是如何做到的，仍是一个疑问。</p>\n<p><b>营销支出占营收比重下降明显</b></p>\n<p>自营业务虽然带动营收大涨，但随之而来的也是营收成本的激增。</p>\n<p><img src=\"https://static.tigerbbs.com/a6e64f8819e655e3dfa16c973912565e\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>从去年第四季度开始，拼多多的营收成本一举突破了100亿元，本季度达到了107.5亿元，同比增长487%，远超营收的增速。</p>\n<p><img src=\"https://static.tigerbbs.com/81a03e45af744fc4bd761a04598c092a\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>营收成本大增带来的一个直接后果就是毛利润的下滑。过去几个季度，拼多多的毛利率始终维持在70%以上，但是从去年第四季度开始，骤降至56.58%，本季度进一步降至51.52%，预计拼多多将在很长一段时间内，毛利率无法回至高点。</p>\n<p>此外，上图也让很多人产生一个困惑：拼多多的毛利率如此之高，为何会长期无法盈利？答案就在于：拼多多的市场营销费用居高不下。</p>\n<p><img src=\"https://static.tigerbbs.com/a972a9bd17d86f6a47abfe83b1eb185a\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>拼多多用于营销的费用已经连续两个季度超过了140亿元，157%的增速也创下了近两年的新高，这与拼多多正在加大对多多买菜的扶持分不开。</p>\n<p>但拼多多战略副总裁David Liu在电话会议上提到，整个营销费用在营收当中的占比是在下滑。</p>\n<p><img src=\"https://static.tigerbbs.com/00fe586c6f8ba26db5733db3498d5727\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>两年前，拼多多的营销费用还超过营收，占比超过100%，但随后这一数据有了极大的改善，去年第四季度和今年第一季度，分别仅有55.42%和63.66%。</p>\n<p>这说明拼多多的营销效率出现了提升，即营销费用相应减少，并没有影响到营收的增长。David Liu还表示，多多买菜业务更好地满足了用户需求，拓展了公司的履约能力，这部分用户的购买频次也更高，在营销支出方面，长期而言公司也是受益的。</p>\n<p>此外，营销费用占比的下滑，还大幅改善了拼多多的盈利情况。去年一季度，营销费用占比达到了111.55%，因此同期亏损达到了31.7亿元，而今年仅为18.9亿元，同比大幅收窄。</p>\n<p><b>提高用户粘性成拼多多下一步重点</b></p>\n<p>在上个季度的电话会议上，David Liu曾预警：鉴于目前拼多多用户的规模，我认为不可避免的接下来的时间用户的增速将会放缓。结合本季度的数据来看，不幸言中。</p>\n<p><img src=\"https://static.tigerbbs.com/dbd1f29dff47a475b5a5244890aecfec\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>截止到3月31日的拼多多年度活跃买家达到了8.238亿人，高于<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>不久前公布的8.11亿，但环比增长3540万，创下了2019年第二季度以来的最低纪录。所以，拼多多下一步要做什么，用David Liu的话来说，就是要提高用户的粘性。</p>\n<p><img src=\"https://static.tigerbbs.com/bbfd024d1766a8c415add428c633cc71\" tg-width=\"641\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p>\n<p>过去拼多多会在财报中公布年度活跃买家的消费数据，但是这一季度并没有披露，因此我们无法直观地看到用户粘性是否有所提高。</p>\n<p>但是从拼多多高管的多次讲话可以看出来，拼多多达成这一目标的方式有两个：一个是吸引更多品牌商家的入驻，扩充品类，另一个则是多多买菜。其中，后者尤为重要。</p>\n<p>David Liu也透露了多多买菜的最新进展：目前多多买菜在300多个主要城市中都开展了业务，并且在随着当地基础设施的不断的改善，也带来了我们想要的消费者行为。</p>\n<p>但社区团购正在逐渐被纳入监管范围之内。今年3月，市场监管总局对几家头部的社区团购公司做出了处罚，认为这些公司存在“烧钱抢市场、垄断后提价”等行为。这一现状或许给拼多多未来的计划带来了一些不确定的因素。</p>","source":"lsy1580517846866","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>用户破8亿、超阿里，拼多多下一步要做什么？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n用户破8亿、超阿里，拼多多下一步要做什么？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 16:44 北京时间&nbsp;&nbsp;&nbsp;<a href=https://new.qq.com/omn/TEC20210/TEC2021052700661100.html><strong>腾讯科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>5月26日晚间，拼多多发布了2021年第一季度财报，这也是黄峥卸任董事长、陈磊接任董事长之后的首份财报。\n财报显示，第一季度拼多多营收221.7亿元，同比增长239%；非通用会计准则下，归属于普通股股东的净亏损为18.903亿元，同比大幅收窄；截至2021年3月31日，拼多多年度活跃买家数达到8.238亿，较上一年同期净增1.957亿。\n单从这几个核心数据上看，拼多多的成绩单似乎还不错。但拼多多...</p>\n\n<a href=\"https://new.qq.com/omn/TEC20210/TEC2021052700661100.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3e27455b9be3cc5a8935393c433d3875","relate_stocks":{"PDD":"拼多多"},"source_url":"https://new.qq.com/omn/TEC20210/TEC2021052700661100.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138140998","content_text":"5月26日晚间，拼多多发布了2021年第一季度财报，这也是黄峥卸任董事长、陈磊接任董事长之后的首份财报。\n财报显示，第一季度拼多多营收221.7亿元，同比增长239%；非通用会计准则下，归属于普通股股东的净亏损为18.903亿元，同比大幅收窄；截至2021年3月31日，拼多多年度活跃买家数达到8.238亿，较上一年同期净增1.957亿。\n单从这几个核心数据上看，拼多多的成绩单似乎还不错。但拼多多股价却在科技股普遍走强的情况下，逆势下挫超5%，不禁让人怀疑：拼多多不行了吗？黄峥卸任之后，陈磊能否守住拼多多的基本盘？年度活跃买家逐渐触碰天花板的时候，拼多多的增长点又在哪儿？本期《企鹅解码》为您揭秘。\n自营商品销售刺激营收大涨\n\n从去年第四季度开始，拼多多上线了自营模式，财报中也开始加入了“商品收入”一项。也正是由于这个变化，拼多多营收增速从去年开始重回100%之上，在本季度更是达到了239%，创下近两年新高。由于去年二三季度没有“商品收入”，预计拼多多的营收增速仍将维持高速增长。\n与之前财报不同，拼多多并没有公布年化GMV，因此无法直观看出自营业务对拼多多GMV的改善。但在财报结束后的电话会议上，拼多多财务副总裁财马靖表示，自营业务是在商家无法满足消费者需求的时候，平台所做的一个暂时满足需求的渠道，这个业务并不是拼多多的战略重点，所以产生的GMV对于整体平台来说是非常小的。\n上个季度，拼多多的年化GMV为1.67万亿元，分摊到每个季度约为4175亿元。本季度，拼多多来自自营的收入为51.24亿元，由此可见这部分对于营收的增长贡献很多，但对于GMV的提升，确实影响非常小。\n此外，如果将这部分刨除的话，拼多多的营收为170.46亿元，同比增长160.64%，增速为2019年下半年以来的新高。\n\n从拼多多当前营收结构来看，商品销售收入已成为第二大业务，第一大业务仍为营销服务。\n\n本季度，拼多多营销服务收入为141.1亿元，同比增长157%，创下近一年多以来的新高。\n\n交易服务收入虽然在拼多多的营收结构中占比最小，但是本季度的变化却值得注意：收入29.3亿元，同比增长180%，前者创下历史新高，后者创下近两年多以来的新高。\n也有分析师在电话会议上对这一高增长提出了疑问。对此，马靖的回答是：一是受一季度销售额的增长推动，二是受多多买菜业务营收增长的推动。\n但这个回答并没有揭开所有疑团。每年的第四季度，由于有双11购物狂欢，因此是电商平台每年的销售最旺季，营收也要显著高于其他季度，拼多多也并不例外，所以交易服务费用在每年的第四季度也应该是最高的，而次年的第一季度应该会环比下降。\n今年一季度拼多多的营收环比下降超40亿元，从理论上来看，交易服务费用也应该环比下滑，但实际情况是，交易服务费用环比增长了6.6亿元。因此，拼多多究竟是如何做到的，仍是一个疑问。\n营销支出占营收比重下降明显\n自营业务虽然带动营收大涨，但随之而来的也是营收成本的激增。\n\n从去年第四季度开始，拼多多的营收成本一举突破了100亿元，本季度达到了107.5亿元，同比增长487%，远超营收的增速。\n\n营收成本大增带来的一个直接后果就是毛利润的下滑。过去几个季度，拼多多的毛利率始终维持在70%以上，但是从去年第四季度开始，骤降至56.58%，本季度进一步降至51.52%，预计拼多多将在很长一段时间内，毛利率无法回至高点。\n此外，上图也让很多人产生一个困惑：拼多多的毛利率如此之高，为何会长期无法盈利？答案就在于：拼多多的市场营销费用居高不下。\n\n拼多多用于营销的费用已经连续两个季度超过了140亿元，157%的增速也创下了近两年的新高，这与拼多多正在加大对多多买菜的扶持分不开。\n但拼多多战略副总裁David Liu在电话会议上提到，整个营销费用在营收当中的占比是在下滑。\n\n两年前，拼多多的营销费用还超过营收，占比超过100%，但随后这一数据有了极大的改善，去年第四季度和今年第一季度，分别仅有55.42%和63.66%。\n这说明拼多多的营销效率出现了提升，即营销费用相应减少，并没有影响到营收的增长。David Liu还表示，多多买菜业务更好地满足了用户需求，拓展了公司的履约能力，这部分用户的购买频次也更高，在营销支出方面，长期而言公司也是受益的。\n此外，营销费用占比的下滑，还大幅改善了拼多多的盈利情况。去年一季度，营销费用占比达到了111.55%，因此同期亏损达到了31.7亿元，而今年仅为18.9亿元，同比大幅收窄。\n提高用户粘性成拼多多下一步重点\n在上个季度的电话会议上，David Liu曾预警：鉴于目前拼多多用户的规模，我认为不可避免的接下来的时间用户的增速将会放缓。结合本季度的数据来看，不幸言中。\n\n截止到3月31日的拼多多年度活跃买家达到了8.238亿人，高于阿里巴巴不久前公布的8.11亿，但环比增长3540万，创下了2019年第二季度以来的最低纪录。所以，拼多多下一步要做什么，用David Liu的话来说，就是要提高用户的粘性。\n\n过去拼多多会在财报中公布年度活跃买家的消费数据，但是这一季度并没有披露，因此我们无法直观地看到用户粘性是否有所提高。\n但是从拼多多高管的多次讲话可以看出来，拼多多达成这一目标的方式有两个：一个是吸引更多品牌商家的入驻，扩充品类，另一个则是多多买菜。其中，后者尤为重要。\nDavid Liu也透露了多多买菜的最新进展：目前多多买菜在300多个主要城市中都开展了业务，并且在随着当地基础设施的不断的改善，也带来了我们想要的消费者行为。\n但社区团购正在逐渐被纳入监管范围之内。今年3月，市场监管总局对几家头部的社区团购公司做出了处罚，认为这些公司存在“烧钱抢市场、垄断后提价”等行为。这一现状或许给拼多多未来的计划带来了一些不确定的因素。","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136529430,"gmtCreate":1622030056720,"gmtModify":1704178123079,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136529430","repostId":"1113676067","repostType":4,"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138203549,"gmtCreate":1621939780881,"gmtModify":1704364780194,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138203549","repostId":"1118239674","repostType":4,"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138203683,"gmtCreate":1621939767742,"gmtModify":1704364779863,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/138203683","repostId":"1169575898","repostType":4,"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131227845,"gmtCreate":1621864271087,"gmtModify":1704363500511,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/131227845","repostId":"2137153858","repostType":4,"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130791738,"gmtCreate":1621564155824,"gmtModify":1704359743415,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130791738","repostId":"2136166920","repostType":4,"repost":{"id":"2136166920","pubTimestamp":1621563994,"share":"https://www.laohu8.com/m/news/2136166920?lang=&edition=full","pubTime":"2021-05-21 10:26","market":"hk","language":"zh","title":"那些“迟到”的大厂与“早退”的CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2136166920","media":"北京商报","summary":"5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合","content":"<div>\n<p>5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合管理“管理者”的心腹之人。字节跳动未来的发展之路，将在两人的一前一后之间展开。\n张一鸣在内部信中称，他最早在公司小范围提议这个想法是今年3月，而这正好是黄峥宣布卸任的时间。或许只是时间上凑巧，但两位...</p>\n\n<a href=\"https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml\">Web Link</a>\n\n</div>\n","source":"BJSB","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n那些“迟到”的大厂与“早退”的CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 10:26 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml><strong>北京商报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合管理“管理者”的心腹之人。字节跳动未来的发展之路，将在两人的一前一后之间展开。\n张一鸣在内部信中称，他最早在公司小范围提议这个想法是今年3月，而这正好是黄峥宣布卸任的时间。或许只是时间上凑巧，但两位...</p>\n\n<a href=\"https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d1b50ae53ea44ea20fb5890e62e74584","relate_stocks":{"PDD":"拼多多"},"source_url":"https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136166920","content_text":"5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合管理“管理者”的心腹之人。字节跳动未来的发展之路，将在两人的一前一后之间展开。\n张一鸣在内部信中称，他最早在公司小范围提议这个想法是今年3月，而这正好是黄峥宣布卸任的时间。或许只是时间上凑巧，但两位创始人的想法却十分相似。\n除了想法相似，两人背后不少故事也雷同。作为正当年的80后创始人，两个人不仅年轻，身后的公司出名趁早，成长极快，实现了外界眼中不可能的可能，在看似已饱和的市场突出重围。\n唯一不同的是，张一鸣比黄铮更急，没等到自己的不惑之年。\n不同于字节跳动对“算法”的重视与成功使用，张一鸣对自己的总结，既不精确还充满了“浪漫”。“浪漫就是想象理论上可能发生但现实中还不存在的有趣的事物。”\n张一鸣心中还有哪些事物有趣？黄峥心里哪些事情放不下？远景规划、长期战略、企业文化，食品科学和生命科学领域的研究……看上去都是，一定又都不是。\n早期的BAT头领，李彦宏和马化腾依然守在一线，刘强东看似卸下多个高管职位，但依然大权在手运筹帷幄，马云退休前经历了漫长的铺垫，选择接班人时也并非一蹴而就。\n“曲折的故事只是读者看起来精彩而已，你要快速发展，不能太曲折。”张一鸣用6年完成了从程序员到 CEO 的系统升级。而卸任CEO的想法到决定，从内部信看，只用了三个月。\n这一届年轻创始人画风变了。他们有自己的思想，但不一定喜欢当意见领袖。他们有一套自己的逻辑，却不一定轻易示人。他们的公司风生水起，但他们自己不怎么喜欢抛头露面。\n有人说他们擅长激流勇退，又或者只是随机应变。字节跳动用了7年成了最有价值的初创公司。而拼多多只用了5年，成为电商里的“今日头条”。他们比上一代互联网大公司用更短的时间触及到了天花板。\n正因为公司成长得快，很多事情比预想来得更早。字节跳动从2017年开始，走向了全球战场，借由TikTok等产品取得了中国互联网公司未曾得到过的成功。如今看来，这份成功喜忧参半，未来依然变数重重。\n在平台反垄断的大潮中，拼多多亦不可能置身事外。虽然未来仍然有增长空间，越来越重的业务，开始让拼多多的想象空间变得有限，激烈的行业竞争，依然游走在规模和效率的层次，\n何尝不是危险。\n进退之间，“早退”的CEO，试图完成社会身份的重新定位，而“迟到”的大厂，将有机会在有限的现实和无限的想象中再次出发。","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195494725,"gmtCreate":1621306100067,"gmtModify":1704355497107,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195494725","repostId":"2136957700","repostType":4,"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192732247,"gmtCreate":1621229254889,"gmtModify":1704354291020,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192732247","repostId":"1117477819","repostType":4,"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":183892143,"gmtCreate":1623319422282,"gmtModify":1704200791528,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/183892143","repostId":"1141888036","repostType":4,"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112491026,"gmtCreate":1622897579565,"gmtModify":1704193101519,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/112491026","repostId":"2141400426","repostType":4,"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180756857,"gmtCreate":1623228644979,"gmtModify":1704198801517,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/180756857","repostId":"1151884705","repostType":4,"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131227845,"gmtCreate":1621864271087,"gmtModify":1704363500511,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/131227845","repostId":"2137153858","repostType":4,"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137929722,"gmtCreate":1622287418466,"gmtModify":1704182718655,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"r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10:26","market":"hk","language":"zh","title":"那些“迟到”的大厂与“早退”的CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2136166920","media":"北京商报","summary":"5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合","content":"<div>\n<p>5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合管理“管理者”的心腹之人。字节跳动未来的发展之路，将在两人的一前一后之间展开。\n张一鸣在内部信中称，他最早在公司小范围提议这个想法是今年3月，而这正好是黄峥宣布卸任的时间。或许只是时间上凑巧，但两位...</p>\n\n<a href=\"https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml\">Web Link</a>\n\n</div>\n","source":"BJSB","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n那些“迟到”的大厂与“早退”的CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 10:26 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml><strong>北京商报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合管理“管理者”的心腹之人。字节跳动未来的发展之路，将在两人的一前一后之间展开。\n张一鸣在内部信中称，他最早在公司小范围提议这个想法是今年3月，而这正好是黄峥宣布卸任的时间。或许只是时间上凑巧，但两位...</p>\n\n<a href=\"https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d1b50ae53ea44ea20fb5890e62e74584","relate_stocks":{"PDD":"拼多多"},"source_url":"https://finance.sina.com.cn/chanjing/gsnews/2021-05-20/doc-ikmyaawc6541679.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136166920","content_text":"5月20日，字节跳动创始人张一鸣发布内部全员信，宣布卸任CEO一职。字节跳动联合创始人梁汝波将接任成为新CEO。\n张一鸣向后，梁汝波向前。有媒体总结字节跳动有一批冲锋陷阵的大将，而梁汝波或是那个最适合管理“管理者”的心腹之人。字节跳动未来的发展之路，将在两人的一前一后之间展开。\n张一鸣在内部信中称，他最早在公司小范围提议这个想法是今年3月，而这正好是黄峥宣布卸任的时间。或许只是时间上凑巧，但两位创始人的想法却十分相似。\n除了想法相似，两人背后不少故事也雷同。作为正当年的80后创始人，两个人不仅年轻，身后的公司出名趁早，成长极快，实现了外界眼中不可能的可能，在看似已饱和的市场突出重围。\n唯一不同的是，张一鸣比黄铮更急，没等到自己的不惑之年。\n不同于字节跳动对“算法”的重视与成功使用，张一鸣对自己的总结，既不精确还充满了“浪漫”。“浪漫就是想象理论上可能发生但现实中还不存在的有趣的事物。”\n张一鸣心中还有哪些事物有趣？黄峥心里哪些事情放不下？远景规划、长期战略、企业文化，食品科学和生命科学领域的研究……看上去都是，一定又都不是。\n早期的BAT头领，李彦宏和马化腾依然守在一线，刘强东看似卸下多个高管职位，但依然大权在手运筹帷幄，马云退休前经历了漫长的铺垫，选择接班人时也并非一蹴而就。\n“曲折的故事只是读者看起来精彩而已，你要快速发展，不能太曲折。”张一鸣用6年完成了从程序员到 CEO 的系统升级。而卸任CEO的想法到决定，从内部信看，只用了三个月。\n这一届年轻创始人画风变了。他们有自己的思想，但不一定喜欢当意见领袖。他们有一套自己的逻辑，却不一定轻易示人。他们的公司风生水起，但他们自己不怎么喜欢抛头露面。\n有人说他们擅长激流勇退，又或者只是随机应变。字节跳动用了7年成了最有价值的初创公司。而拼多多只用了5年，成为电商里的“今日头条”。他们比上一代互联网大公司用更短的时间触及到了天花板。\n正因为公司成长得快，很多事情比预想来得更早。字节跳动从2017年开始，走向了全球战场，借由TikTok等产品取得了中国互联网公司未曾得到过的成功。如今看来，这份成功喜忧参半，未来依然变数重重。\n在平台反垄断的大潮中，拼多多亦不可能置身事外。虽然未来仍然有增长空间，越来越重的业务，开始让拼多多的想象空间变得有限，激烈的行业竞争，依然游走在规模和效率的层次，\n何尝不是危险。\n进退之间，“早退”的CEO，试图完成社会身份的重新定位，而“迟到”的大厂，将有机会在有限的现实和无限的想象中再次出发。","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020368035,"gmtCreate":1652579821127,"gmtModify":1676535123251,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a>good stock to buy. A lot of potential","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a>good stock to buy. A lot of potential","text":"$Sea Ltd(SE)$good stock to buy. A lot of 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18:51","market":"us","language":"zh","title":"贝佐斯和他的兄弟将参加蓝色起源公司的太空飞行","url":"https://stock-news.laohu8.com/highlight/detail?id=1199907200","media":"老虎资讯综合","summary":"亚马逊创始人贝佐斯表示，他本人和他的兄弟将参加蓝色起源定于7月进行的太空飞行。","content":"<p>亚马逊创始人贝佐斯表示，他本人和他的兄弟将参加蓝色起源定于7月进行的太空飞行。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>贝佐斯和他的兄弟将参加蓝色起源公司的太空飞行</title>\n<style 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18:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>亚马逊创始人贝佐斯表示，他本人和他的兄弟将参加蓝色起源定于7月进行的太空飞行。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c5c24ebb3777a08add85d8b2a6ba661e","relate_stocks":{"AMZN":"亚马逊"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199907200","content_text":"亚马逊创始人贝佐斯表示，他本人和他的兄弟将参加蓝色起源定于7月进行的太空飞行。","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114832238,"gmtCreate":1623064228124,"gmtModify":1704195288839,"author":{"id":"3570426589852260","authorId":"3570426589852260","name":"东方波澜","avatar":"https://static.tigerbbs.com/1401dd1537f16a11750719f2334a1ea1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114832238","repostId":"1199907200","repostType":4,"repost":{"id":"1199907200","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623063101,"share":"https://www.laohu8.com/m/news/1199907200?lang=&edition=full","pubTime":"2021-06-07 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12:54","market":"hk","language":"zh","title":"时代天使：口腔隐形矫治解决方案提供商，通过港交所聆讯","url":"https://stock-news.laohu8.com/highlight/detail?id=1117477819","media":"瑞恩资本Ryanbe...","summary":"2021年5月16日，香港交易所披露了时代天使科技有限有限公司ANGELALIGN TECHNOLOGY INC.(以下简称“时代天使”) 通过聆讯后的招股书。时代天使于2021年1月29日递表，高盛","content":"<p><img src=\"https://static.tigerbbs.com/94abc669aabd89ec3252b8571e7c3dd0\" tg-width=\"736\" tg-height=\"529\" referrerpolicy=\"no-referrer\"></p>\n<p>2021年5月16日，香港交易所披露了<b>时代天使科技有限有限公司</b>ANGELALIGN TECHNOLOGY INC.(以下简称“<b>时代天使</b>”)&nbsp;通过聆讯后的招股书。时代天使于2021年1月29日递表，高盛、中金公司为其联席保荐人。</p>\n<p><b>时代天使</b>，是中国领先的隐形矫治解决方案提供商。</p>\n<p>根据灼识咨询报告，中国的隐形矫治解决方案市场高度集中，前两大市场参与者的市占率约82.4%，按2020年达成案例计量，<b>时代天使</b>的的市场占有率达41.0%，</p>\n<p>公司通过时代天使隐形矫治系统助力牙科医生，其由三部分组成：(1)数字化辅助案例评估支持及矫治方案设计服务，(2)隐形矫治器，及(3)云服务平台iOrtho 。</p>\n<p>公司目前销售四种隐形矫治器，包括时代天使标准版、时代天使冠军版、时代天使儿童版以及COMFOS。</p>\n<p><img src=\"https://static.tigerbbs.com/921b4d76837822eb827ad8104a0003fb\" tg-width=\"636\" tg-height=\"263\" referrerpolicy=\"no-referrer\"></p>\n<p>于业绩纪录期，<b>时代天使</b>服务的牙科医生数量由2018年的约11,500位增至2019年的约15,800位，并增至2020年的约19,900位。公司达成案例由2018年的约77,700例增至2019年的约120,100例，并增至2020年的约137,600例。</p>\n<p>招股书显示，在过去的2018年、2019年和2020年，<b>时代天使</b>的营业收入分别为人民币4.88亿、6.46亿和8.17亿元，相应的毛利率分别为63.8%、64.6%、70.4%；相应的净利润分别为人民币0.58亿、0.68亿和1.50亿元。</p>","source":"lsy1570073568970","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>时代天使：口腔隐形矫治解决方案提供商，通过港交所聆讯</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n时代天使：口腔隐形矫治解决方案提供商，通过港交所聆讯\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 12:54 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/EJr3n2c5X96YpLLvVbCo8Q><strong>瑞恩资本Ryanbe...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2021年5月16日，香港交易所披露了时代天使科技有限有限公司ANGELALIGN TECHNOLOGY INC.(以下简称“时代天使”) 通过聆讯后的招股书。时代天使于2021年1月29日递表，高盛、中金公司为其联席保荐人。\n时代天使，是中国领先的隐形矫治解决方案提供商。\n根据灼识咨询报告，中国的隐形矫治解决方案市场高度集中，前两大市场参与者的市占率约82.4%，按2020年达成案例计量，...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/EJr3n2c5X96YpLLvVbCo8Q\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/EJr3n2c5X96YpLLvVbCo8Q","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117477819","content_text":"2021年5月16日，香港交易所披露了时代天使科技有限有限公司ANGELALIGN TECHNOLOGY INC.(以下简称“时代天使”) 通过聆讯后的招股书。时代天使于2021年1月29日递表，高盛、中金公司为其联席保荐人。\n时代天使，是中国领先的隐形矫治解决方案提供商。\n根据灼识咨询报告，中国的隐形矫治解决方案市场高度集中，前两大市场参与者的市占率约82.4%，按2020年达成案例计量，时代天使的的市场占有率达41.0%，\n公司通过时代天使隐形矫治系统助力牙科医生，其由三部分组成：(1)数字化辅助案例评估支持及矫治方案设计服务，(2)隐形矫治器，及(3)云服务平台iOrtho 。\n公司目前销售四种隐形矫治器，包括时代天使标准版、时代天使冠军版、时代天使儿童版以及COMFOS。\n\n于业绩纪录期，时代天使服务的牙科医生数量由2018年的约11,500位增至2019年的约15,800位，并增至2020年的约19,900位。公司达成案例由2018年的约77,700例增至2019年的约120,100例，并增至2020年的约137,600例。\n招股书显示，在过去的2018年、2019年和2020年，时代天使的营业收入分别为人民币4.88亿、6.46亿和8.17亿元，相应的毛利率分别为63.8%、64.6%、70.4%；相应的净利润分别为人民币0.58亿、0.68亿和1.50亿元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}