前言 大家好，我是言叔。今年的互联网圈就像个热闹的角斗场，AI赛道上巨头们砸钱比狠，外卖战场里补 贴战打得昏天黑地。 可就在这一片喧嚣里，有个巨头却安静得反常，它就是刚过完十周年的拼多多。 十周年啊，这在互联网公司里算得上"长寿"里程碑了。别家公司早早就办庆典、发全员信喊口号，拼多 多倒好，员工就领到件卫衣、一枚纪念币，再加几个多多鸡盲盒。 更有意思的是，不少人转头就把这些纪念品挂到咸鱼，几十块钱就卖了。 拼多多先弃了"轻运营"的执念，开了不少分公司专门对接，就是为了拿到补贴资格，关键商品的价格硬 是压到了对手之下。 财报会上的操作更颠覆认知。别的公司都把业绩往天上吹，拼多多却直言"增长放缓不可避免，利润没 持续性"。 拼多多这波"示弱"到底是真躺平，还是藏着什么没说的后手？ 三条暗线揭秘 其实，拼多多在这场厮杀中有着三条安县，第一条暗线，就是国补大战中的"迂回战术"。 今年电商圈最激烈的战场，当属千亿国补大战。家电数码这些大件，国家最多能补2000块，诱惑力十 足。阿里、京东、抖音都铆足了劲，组了上千人的团队在各地抢补贴名额。 这时候拼多多的短板就暴露了，它一直走轻运营路线，跟那些深耕线下多年的对手比，抢名 ...

Market Performance - The three major U.S. stock indices closed lower on December 17, with the Dow Jones down 228.29 points (0.47%) at 47,885.97, the Nasdaq down 418.14 points (1.81%) at 22,693.32, and the S&P 500 down 78.83 points (1.16%) at 6,721.43 [1] Sector Performance - Technology stocks led the decline, with ASML, Oracle, and AMD dropping over 5%, while Tesla and Broadcom fell over 4%. Other notable declines included Nvidia, TSMC, Intel, and Google-A, which were down over 3%, and Qualcomm down over 2%. Meta, Apple, Amazon, Boeing, and Microsoft experienced slight declines, while Netflix saw a small increase [1] AI-Related Stocks - AI-related stocks generally fell, with Nvidia down 3.8%, Broadcom down 4.5%, AMD down 5.3%, Oracle down 5.4%, and Tesla down 4.6% [1] Chinese Stocks - Most popular Chinese stocks declined, with the Nasdaq Golden Dragon China Index down 0.73%. Notable declines included Huya, Pinduoduo, NIO, and Li Auto, which fell over 3%, while iQIYI, Tiger Brokers, and Xpeng dropped over 2%. Futu Holdings, Alibaba, NetEase, and Kingsoft fell over 1%, while Baidu and New Oriental saw slight increases, and Ctrip rose over 1% [1] Monetary Policy Insights - Federal Reserve Governor Christopher Waller expressed support for further interest rate cuts to return rates to neutral levels, indicating that current monetary policy rates are up to 100 basis points above neutral levels. He noted that this neutral rate would neither suppress growth nor elevate inflation [2]

PDD Holdings Inc. (NASDAQ:PDD) is one of billionaire David Tepper’s top stock picks heading into 2026. PDD Holdings Inc. (NASDAQ:PDD) boasts a consensus Moderate Buy rating on Wall Street, comprising 7 Buys and 4 Holds. The average price target on the stock is $146.39, implying 30.74% upside potential. PDD Holdings Inc. (PDD) is a Buy on Robust Temu Business and Europe Growth The consensus Moderate Buy rating aligns with analysts at Benchmark, who reiterated on November 19 that the stock is a Buy with a ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：大厂朋友圈 之前听说PDD竞业范围很广，今天终于见识到了 联合创始人范洁真汇报线,范洁真对此表示,因他本人在此 事件中出现过错,重大失误等原因,被公司辞退,范浩真领 导下的全体员工,同样被辞退,并且同样负有工作严重失职 的责任。 我立即向范洁真表达不同意见,韩冰处长调查组在拼多 多执法办案过程中,我本人并不在上海,而是在北京,并且 日常工作也并不对接总局各司局,纯属冤枉,并且多次向范 洁真及 HR 人事负责人表达冤屈。 范洁真说(有录音为证),辞退 30人是与国家市场监管 总局执法稽查局稽查四处处长韩冰汇报的,并达成的一致意 见,达成意见的结论是,韩冰处长在听到辞退 30人的方案 后,当即表示"喜闻乐见"(原话)。 12月8日下午,以拼多多联席 CEO 赵佳臻带队,首席发 展官朱政等人,面见韩冰递交材料,并且当面向韩冰表达歉 意,以此希望韩冰能够放下个人情绪。 目前,尚不清楚韩冰向拼多多高管表态"喜闻乐见"的 具体时间,不排除在12月9日,拼多多高管再次通过相关 渠道与韩冰进行会面和联系。 本人在拼多多七年多以来,兢兢业业,恪尽职 ...

Company Operations - PDD (拼多多) 在上海解雇了一个政府关系团队 [1] - 解雇原因是员工与中国监管机构发生肢体冲突 [1]

本文源自：金融界AI电报 美股中概股盘前涨跌互现，小马智行涨1%，阿里巴巴涨0.6%，拼多多跌0.3%，蔚来跌0.7%。 ...

记者丨刘雪莹 编辑丨曾静娇 美东时间周二，美股三大指数仅纳指小幅收涨，标普500指数连续第三个交易日下跌。 | 道琼斯 | 纳斯达克 | 标普500 | | --- | --- | --- | | 48114.26 | 23111.46 | 6800.26 | | -302.30 -0.62% +54.05 +0.23% -16.25 -0.24% | | | | 中国金龙 | 纳指100期货 | 标普500期货 | | 7556.33 | 25087.50 | 6794.75 | | -25.72 -0.34% -5.75 -0.02% -28.25 -0.41% | | | 大型科技股普涨，特斯拉涨超3%，创历史新高，市值一夜增加485亿美元（约合人民币3415亿元），达 1.63万亿美元，超越博通，成为美国市值第七大公司。此外甲骨文涨超2%，Meta涨超1%。 油气、能源板块跌幅居前，英国石油跌超4%。加密货币概念、计算机硬件板块涨幅居前，Hut 8涨近 4%，Strategy、SanDisk涨超3%。 | 1小时爆仓 | $102.33万 | 4小时爆仓 | $1186.87万 | | --- | - ...

Key Points PDD once grew rapidly, but its high-growth days may be over. MercadoLibre is growing faster, is better diversified, and has a wider moat. MercadoLibre’s stock is pricier, but it deserves its premium valuation. 10 stocks we like better than PDD Holdings › PDD (NASDAQ: PDD), China's third-largest e-commerce company after Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD), went public on July 26, 2018 at $19 per ADS. On Feb. 17, 2021, its stock closed at its all-time high of $202.82. That rall ...

④ 【谷歌、道达尔达成为期21年的绿电供应协议】12月16日，法国能源巨头道达尔公司表示，已与 Alphabet旗下的谷歌签署了一项为期21年的电力供应协议，承诺向谷歌在马来西亚的数据中心提供1太 瓦时（TWh）的可再生能源。这份供电合同预计将于明年第一季度生效。 ⑤ 【"美版支付宝"PayPal申请成立银行】当地时间12月15日，有"美版支付宝"之称的PayPal在官网宣 布，公司已经在美国提交了成为一家银行的申请，名为"PayPal银行"。 ⑥ 【福特宣布停产全电动卡车F150 Lightning】当地时间12月15日，福特汽车宣布，公司停产全尺寸电 动皮卡F150 Lightning车型，未来将专注于混动汽车以及一系列更小、更便宜的电动汽车。此举将导致 其收益减少195亿美元，大部分损失在本季度计入。 ⑦ 【纳斯达克申请将工作日交易时长延长至23小时】当地时间12月15日，纳斯达克向美国证监会正式 提交文件，申请推出近乎全天候的股票交易，计划在工作日将股票和交易所交易产品的每日16小时交易 时间延长至每天23小时。一旦获得批准，其交易时间将扩展为"23×5"模式，即每周五天、每天23小时。 ① 【三大期 ...

Core Viewpoint - The article highlights the transformation of the pomelo industry in Meizhou, driven by e-commerce platforms like Pinduoduo, which have enabled farmers to gain better pricing and control over their production and sales processes [1][3][9]. Group 1: Transformation of Sales Channels - The traditional sales model, dominated by middlemen, has shifted towards direct sales through e-commerce, allowing farmers to sell their products at significantly higher prices [3][9]. - Farmers previously faced challenges with low prices and high rejection rates for their produce, but now they can sell quality pomelos directly to consumers, increasing their income [6][10]. - The introduction of e-commerce has led to a more stable and predictable sales environment, allowing farmers to plan their production better [12][14]. Group 2: Impact of E-commerce Platforms - Pinduoduo's policies, such as "zero commission" and "zero threshold for entry," have streamlined the supply chain, reducing costs and increasing farmers' profits [9][16]. - The platform's focus on quality and consumer feedback has encouraged farmers to improve their production standards, leading to better quality products [10][12]. - The rise of e-commerce has also facilitated the expansion of product offerings, such as pomelo leaves, which cater to a broader market beyond local consumers [15][16]. Group 3: Economic and Social Benefits - The pomelo industry in Meizhou has seen significant growth, with an annual production value exceeding 8.9 billion yuan and benefiting over 100,000 farmers [10][11]. - New employment opportunities have emerged in the local community, with many villagers participating in sorting, packaging, and customer service roles [12][14]. - The success of e-commerce has led to investments in modern agricultural tools, such as drones and sliding tracks, improving efficiency in production and transportation [14][15].