社区
首页
集团介绍
社区
资讯
行情
学堂
TigerAI
登录
注册
拼多多(PDD)
103.88
+1.91
+1.87%
行情数据延迟15分钟
社区
社区
资讯
资讯
资料
资料
公告
公告
最新
推荐
牛唐
·
04-13 22:31
又一个20%+的收益
$Megan Holdings Ltd.(MGN)$
又一个20%+的收益。
$Green Circle Decarbonize Technology Limited(GCDT)$
$纳指100ETF(QQQ)$
$中国海外互联网ETF-KraneShares(KWEB)$
$拼多多(PDD)$
又一个20%+的收益
回复
评论
点赞
1
编组 21备份 2
分享
举报
Dr. Zhang
·
04-09
$拼多多(PDD)$
垃圾,退市么好了
$拼多多(PDD)$ 垃圾,退市么好了
精彩
凉风羽羽毛:
真的尤其垃圾,tm不做市值管理那你上市不就是割韭菜嘛。干脆私有化退市,你爱怎么搞怎么搞
回复
3
点赞
3
编组 21备份 2
分享
举报
资本要闻
·
04-09
拼多多“千亿扶持”一周年盘点:深入数百个农产区、产业带,助推供应链高质量发展
2025年4月,拼多多在“百亿减免”等惠商举措的基础上,加快升级高质量发展战略,在电商行业率先推出了“千亿级别”的重磅惠商战略,三年计划投入1000亿资源持续普惠供需双侧,推动商家及产业实现新质转型,积极构建用户、商家、产业及平台等多方共赢的生态。在过去一年,依托“千亿扶持”战略,拼多多加大对“多多好特产”“新质供给”“电商西进”等专项行动的投入,先后走进数百个农产区、产业带,深入供应链各个环节,推动农产品精品化、标准化,促进产业带迈向品牌化、高质量发展。此外,在2025年底,拼多多进一步推动消费普惠,将更多偏远乡村纳入“包邮区”,以“免费送货入村”进一步激活了乡村经济活力。在“千亿扶持”打下的供应链基础上,拼多多集团前不久正式宣布组建“新拼姆”,继续重仓中国供应链,开启品牌自营,带动国内产业高质量、品牌化发展。这是拼多多集团发布新阶段战略“聚焦、重投供应链升级,高质量发展”后落地的首个战略举措。目前,新拼姆已在上海成立新的专项公司,一期已现金注资150亿元,未来三年计划总计投入1000亿元真金白银,整合“拼多多+Temu”的供应链资源,重点面向全球市场,系统性自营并孵化面向不同市场、不同品类的品牌。“我们已锚定中国供应链作为接下来业务发展的核心,公司将继续践行高质量发展,All in中国供应链的高质量、品牌化,实现平台的再造,带动生态体系价值跃迁。”赵佳臻表示。深入数百个农产区、产业带,供应链实现“累进式创新”2025年4月,在“千亿扶持”推出后,拼多多正式启动“2025多多好特产”农业专项行动。截至2025年年底,“多多好特产”专项团队已深入连江鲍鱼、梅州柚子、云南咖啡、贵州刺梨、昭通土豆等上百个农产区,依托平台的数字化能力,针对各地的商品特点、产业优势,实施定制化扶持,通过丰富产品、店铺矩阵,解决生鲜产品季节性供给不足、标准化不足等问题,推动农产区实现精品化、深加工发
拼多多“千亿扶持”一周年盘点:深入数百个农产区、产业带,助推供应链高质量发展
精彩
candywyt:
也就值100刀的股价,再上去难,要跌下去也不容易,过百就跌,破百就涨,100就是个中轴线。
回复
2
点赞
2
编组 21备份 2
分享
举报
马虎恶魔号
·
04-06
为时我开始把之前拿的零售都抛了
$京东(JD)$
$拼多多(PDD)$
$好市多(COST)$
$沃尔玛(WMT)$
$鸣鸣很忙(01768)$
老李在加拿大两年了,前阵子视频时跟我吐槽:“这边超市退货跟玩儿似的,我上周买了个55寸电视,看了几天觉得尺寸不合适,推到店里,人家连包装都没拆就给我退了,钱原路返回,连句废话都没有。”他语气里带着点“占了便宜”的得意,我却听得心里一沉——这哪是“福利”,分明是悬在零售企业头上的达摩克利斯之剑。 挂了电话,我翻着手机里的股票账户,那些曾经重仓的零售股,如今像被霜打过的叶子,蔫头耷脑。两年前我还觉得“售后无忧”是零售企业的护城河,是吸引消费者的金字招牌,现在却越看越像裹着糖衣的炮弹——甜在嘴里,炸在心里。 你看拼多多,靠着“仅退款”“七天无理由”杀出一条血路,用户数蹭蹭往上涨;京东也不甘示弱,把“售后无忧”当成核心竞争力,家电退货比换衣服还方便。刚开始我还觉得这是“互联网思维”,是“用户至上”,直到有次跟做家电供应链的朋友吃饭,他苦着脸说:“现在退货率都快30%了,有些用户买冰箱回去用一周,说‘制冷声音大’就退,我们拉回来检测,啥毛病没有,光物流和折旧就亏几千块,这生意还怎么做?” 我这才反应过来,老李说的“无条件退货”,在北美是常态,在国内却成了零售企业的“利润绞肉机”。国情不一
为时我开始把之前拿的零售都抛了
精彩
Sacred Rabbit:
阿里巴巴 能买不
回复
6
点赞
13
编组 21备份 2
分享
举报
电商观察家
·
04-07
拼多多加码母婴赛道,推出“红屁屁无忧”服务,首批覆盖“婴童尿裤”,商家违约扣30%货款
拼多多要收买宝妈人心了,推出“红屁屁无忧”服务,60天超长售后 4月3日消息,据亿邦动力报道,拼多多已于近期发布“红屁屁无忧服务条款”,该服务将于4月10日正式生效,首批覆盖“婴童尿裤”类目下的纸尿裤、拉拉裤、纸尿片及特护尿裤等核心产品。 这是拼多多首次针对母婴产品推出专项售后保障计划。根据服务协议,消费者购买带有“红屁屁无忧”标识的商品后,若在使用过程中出现红疹、红肿、颗粒、结痂或过敏等“尿布疹”症状,可在物流签收之日起60天内发起维权申请。 这一周期远超电商行业普遍执行的“7天无理由”或“15天质量问题退换”标准。婴儿皮肤敏感度存在显著个体差异,且纸尿裤多为整箱购买,过敏反应往往在多次使用后才会显现。60天的保护期,精准回应了母婴消费中“延迟性风险”的痛点。 需要注意的是,消费者需提供未经涂改、未有增删、无任何编辑痕迹的图片及视频凭证,以证明使用所购商品后出现尿布疹。 同时,拼多多在此次服务条款中设置了较强的平台干预机制。消费者发起维权后,商家须在24小时内达成有效响应(即与消费者就处理方案达成一致)。若商家未按时履约,平台将判定其“违背承诺”,并直接从商家账户中扣除违约赔付金,金额为订单实付金额的30%,单笔封顶100元,保底5元。 此外,平台还可根据消费者投诉、售后纠纷、历史履约情况等因素,对违规商家采取限制账户权限、商品降权、下架、禁售甚至删除等处罚措施。 这意味着,拼多多不仅是在鼓励商家提供更好的售后服务,更是在用平台信用和规则强制兜底,形成对商家的实质性约束。 过去几年,拼多多通过“百亿补贴”策略,已成功引入大量一线母婴品牌,包括帮宝适、花王、好奇等。然而在用户心智中,拼多多仍然与“便宜”“性价比”深度绑定,而非“安心”“可靠”。 对于母婴产品,尤其
拼多多加码母婴赛道,推出“红屁屁无忧”服务,首批覆盖“婴童尿裤”,商家违约扣30%货款
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
tc_Jesse
·
04-12
深度:21小时的极限拉扯,美伊“伊斯兰堡首轮谈判”破裂,谁在等待“子弹”再飞一会?
昨夜,全球金融市场的交易员们恐怕彻夜未眠。 从伊斯兰堡塞瑞纳酒店传出的每一条细碎消息——“面对面会晤”、“双方握手致意”、“进入技术型会谈”——都如同投向市场的深水炸弹,撩拨着黄金和原油的神经。 然而,大戏落幕时,等来的却是副总统万斯(J.D. Vance)冷峻的表态: 谈判结束,未达成协议。 这场长达21小时的极限博弈,虽然名义上是美伊的又一次交锋,但从其规模、级别和背景来看,完全可以被视为特朗普回归后,美伊真正意义上的“第一轮生死博弈”。 没有达成协议,其实早在预料之中。但这次“谈崩”背后透露出的信号,却比达成协议更让人脊背发凉。 01 万斯的“红线”:从“不发展”到“不具备能力” 万斯在赛瑞纳酒店的新闻发布会上,直接摊了牌。 美方的核心诉求很简单,却也极度苛刻:伊朗不仅现在不能发展核武器,未来长期内也必须承诺不获取相关能力与技术。 注意这里的措辞变化。过去美方谈的是“行为”,即你不能做核武器;现在万斯谈的是“能力”,即你连研发核武器的“工具箱”和“说明书”都必须彻底销毁。 这正是德黑兰最无法接受的“红线”。对于伊朗而言,核能力是其政权生存的最后保底筹码。万斯的表态说明,特朗普政府已经放弃了“修修补补”的中间路线,直接开出了“去核化”的终极报价单。 伊朗的选择是“不接受”。这不仅是核问题的死结,更是尊严与生存权的死结。 02 水面下的暗礁:远不止一个“核” 如果认为美伊之间只有核问题,那显然把这场地缘博弈看简单了。在伊斯兰堡的密室里,双方交换的筹码涉及到了中东地缘政治的每一个毛细孔: 海峡管理权:伊朗视霍尔木兹海峡为“生命线”,绝不接受所谓的“共同管控”;而美方则必须保证能源通道的绝对安全。 撤军与赔偿:伊朗要求美军彻底撤出周边,并为之前的制裁和袭击支付赔偿金;这在如今的华盛顿看来,简直是天方夜谭。 导弹与代理人:美方要求伊朗阉割其弹道导弹计划,并切断与中东“抵抗之弧”
深度:21小时的极限拉扯,美伊“伊斯兰堡首轮谈判”破裂,谁在等待“子弹”再飞一会?
精彩
MurrayBulwer:
谈判崩了,黄金原油避险机会来了?
回复
1
点赞
1
编组 21备份 2
分享
举报
過路人
·
04-01
$恒生指数(HSI)$
寻日真系令人气愤[怒]。一度升超过[看涨]200点。之后竟倒跌接近[看跌]200点。顶。咁搞法。仲有无人够胆玩港股呀[衰]。。
$铜师傅(00664)$
呢位师傅铜打上身都用[邪恶] 。以35.24就随即下跌[看跌] 。哗跌成接近5成收市。发神经。孖展中乙组既话。真系命恭喜佢发财喇[得意] 。今次惨了。话时话。有金有银有铜。买旧铜反去抬咩[转发][转发][转发]
$拼多多(PDD)$
拼来拼去。之前连100元都上唔到。系咁上下料。业绩咁差当日却大升。跑后炮讲话。当然话它系骗炮啦[崩溃][崩溃]
$纳斯达克(.IXIC)$
之前连跌几日。寻日一下子就升反3.83%。点够你玩[震惊]。鲍sir。放鸽所以大升[看涨][看涨]
好dog架你。上星期又话比人查大跌10%。寻日就话有大佬扫货而大升。 鲍sir。放鸽所以大升
$恒生指数(HSI)$ 寻日真系令人气愤[怒]。一度升超过[看涨]200点。之后竟倒跌接近[看跌]200点。顶。咁搞法。仲有无人够胆玩港股呀[衰]。。 $...
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
tc_Jesse
·
04-05
Anthropic
决裂 OpenClaw:
AI Agent
的“入口主权”保卫战 4月4日,美东时间下午3点,AI圈的一场“温水煮青蛙”正式沸腾。 不少习惯了用 OpenClaw(Moltbot)高强度挂载 Claude 订阅额度的开发者发现,原本那份能“白嫖”高强度自动化任务的“友好额度”戛然而止。 Anthropic 并不是禁止你登录,而是通过更精细的计费切割:订阅额度不再覆盖第三方 Agent 接口。 想用自动化?可以,开 Extra Usage(额外用量)或走
API
按量付费。 表面上,这又是一次关于 API 滥用、ToS(服务条款)执行和服务器容量紧张的常规清理。 但如果把时间轴拉长,从今年1月的技术封堵,到4月初的邮件最后通牒,再到近期 Claude Code 密集上线 Channels、Remote Control 等核心功能,你会发现这根本不是简单的商业调整。 这是一场预谋已久的“入口主权”保卫战。Anthropic 正在拼死阻止自己被“管道化”。 01 消失的“前门”:Anthropic 怕什么? 在商业史上,最惨痛的教训莫过于“为他人作嫁衣”。 过去半年,OpenCla
Anthropic 决裂 OpenClaw:AI Agent 的“入口主权”保卫战 4月4日,美东时间下午3点,AI圈的一场“温水煮青蛙”正式沸腾。 不少...
精彩
MonaCurme:
入口主权战,AI股要盯紧了!
回复
1
点赞
3
编组 21备份 2
分享
举报
過路人
·
04-05
中概股面对的困局
虽然星期三[可怜] 恒指都仲好好地升[看涨] 500点。夜期一度上升。无奈之后美股拖后腿。搞到星期四期大跌[看跌] 177点。虽然以点数计唔系真系跌左好多。由于我主要持有科技股。所以我个仓好似股灾咁[流泪] 。
$京东集团-SW(09618)$
其实我觉得出左业绩之后股价表现愈来愈好。无耐受制于打仗。股价停滞不前。若将来大市整体市况有好转既话。我觉得佢继续上升既机会好大。加上派息在即。表现应该不会太差。虽然我目前帐面系蚀紧。我每周透过卖call降低成本。相信终有一日我可以回本[胜利]
$腾讯控股(00700)$
正所谓:成也龙虾败也龙虾之前几日受惠于龙虾概念而反弹。企鹅不再企鹅,不过业绩后又跌返。。不过唔知真定假。。如果系真既话好大机会又会下跌[看跌] 。吹大左喇500可能已经系顶。暂时真的没有什么好消息可以支持股价向上[摊手]
$美团-W(03690)$
前几日表现真系值得一闹。大市升咁多都要跌。仲要系高开之后跌。。若非当日大市升500几点。应该不至跌升咁少。若持续回跌既话。我相信不少人要转行送外卖了。。星期四亦跟著大市下跌。大市升
中概股面对的困局
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
外参财观
·
04-11
兰州约谈之后:拼多多的“合规成人礼”与战略大考
在2026年4月9日,春日里的兰州迎来了一场行政会议。 图片 该会议面向一众电商行业巨头,包括拼多多在内的多家电商平台于这场行政约谈中纷纷签订了《公平竞争承诺书》。 之所以要签订这份承诺书,主要还是因为之前电商平台存在虚假宣传、刷单炒信等行为。监管部门此次开展的约谈行动,直接明确了电商平台的违法、违规红线:严禁串通定价、严禁划分市场、严禁联合抵制交易。 对于拼多多而言,平台经济开始告别“野蛮生长”的草莽时代,转而全面进入合规严管时代。在这个时代里,任何试图通过钻空子、打擦边球来获取超额利润的行为,都将面临前所未有的法律风险与舆论审视。 监管新常态:从“10万罚单”到常态化约谈 说到底,此次拼多多在兰州被约谈,其实是该平台近期密集监管压力的集中释放。 早在今年1月,上海税务部门就针对拼多多未按规定报送涉税信息的行为,对其开出了10万元的“顶格罚单”。尽管金额不大,但其象征意义是远超数字本身的。 对于这张罚单,外界将其视为监管层向平台经济发出的“合规成人礼”信号,从侧面宣告电商平台“野蛮生长”时代已经结束了。 图片 (图源:国家税务总局) 紧随这张罚单之后的,是市场监管总局、税务总局等部门组成联合调查组,一同进驻拼多多上海总部。表明监管已从单一部门的点状执法,升级为多部门协同的系统性、常态化监督。 对于这种“组合拳”式的监管模式,其实是有讲究的。税务部门关注的是资金流与信息流的合规,而市场监管部门关注的是竞争秩序与消费者权益,多部门的协同作战,能够有效地打破信息壁垒,完成对电商平台的穿透式监管。 对于拼多多而言,其后续的内、外部运营,每一个环节都将处在严密、立体的监管网络之下。如,从上海到兰州,各地监管部门对拼多多的关注点,覆盖了税务、反垄断、商品质量、广告宣传等多个维度,这种“地方包围中央”的监管态势,也迫使拼多多将合规从“可选项”变为“必选项”。 图片 (图源:拼多多官网)
兰州约谈之后:拼多多的“合规成人礼”与战略大考
回复
评论
点赞
1
编组 21备份 2
分享
举报
加载更多
公司概况
公司名称
拼多多
所属市场
NASDAQ
成立日期
- -
员工人数
- -
办公地址
- -
公司网址
http://investor.pddholdings.com
邮政编码
- -
联系电话
- -
联系传真
- -
公司概况
拼多多控股公司于2015年4月20日在开曼群岛注册成立,是隶属于上海寻梦信息技术有限公司的一家商家入驻模式的第三方移动电商平台,也是以人为先的新电商开创者。生于移动年代,拼多多以农产品零售平台起家,深耕农业,开创了以拼为特色的农产品零售的新模式,逐步发展成为以农副产品为鲜明特色的全品类综合性电商平台,是全球唯一具备规模的纯移动电商平台。作为新电商开创者,拼多多致力于以创新的消费者体验,将“多实惠”和“多乐趣” 融合起来为最广大用户创造持久的价值。
03-30
关联方拟减持公告
Form 144 | PDD Holdings Inc.董事 Kam Anthony Ping Leung 拟减持1533股,总价约15.3万美元
Form 144 | PDD Holdings Inc.董事 Kam Anthony Ping Leung 拟减持1533股,总价约15.3万美元
03-30
关联方拟减持公告
Form 144 | PDD Holdings Inc. 董事 Rietjens Ivonne MCM 拟减持560股ADS,拟套现约5.59万美元
Form 144 | PDD Holdings Inc. 董事 Rietjens Ivonne MCM 拟减持560股ADS,拟套现约5.59万美元
2025-09-23
关联方拟减持公告
Form 144 | PDD Holdings高管赵嘉臻拟减持4万股,总价约514万美元
Form 144 | PDD Holdings高管赵嘉臻拟减持4万股,总价约514万美元
2025-09-03
关联方拟减持公告
Form 144 | PDD Holdings 董事 Kam A.P. Leung 拟减持2127股,总价约25.9万美元
Form 144 | PDD Holdings 董事 Kam A.P. Leung 拟减持2127股,总价约25.9万美元
2025-04-28
年度报告
Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]
Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]
2025-03-25
关联方拟减持公告
Form 144 | PDD Holdings Inc. 董事 Kam Anthony Ping Leung拟减持1553股,总价约19.9万美元
Form 144 | PDD Holdings Inc. 董事 Kam Anthony Ping Leung拟减持1553股,总价约19.9万美元
2025-01-28
SEC问询函
Form CORRESP - Correspondence
Form CORRESP - Correspondence
2025-01-04
SEC问询函
Form CORRESP - Correspondence
Form CORRESP - Correspondence
2024-12-30
关联方拟减持公告
Form 144 | PDD Holdings 高管 Zhao Jiazhen 拟减持40000股,总价约389.8万美元
Form 144 | PDD Holdings 高管 Zhao Jiazhen 拟减持40000股,总价约389.8万美元
2024-12-09
关联方拟减持公告
Form 144 | PDD Holdings高管Zhao Jiazhen拟减持16股,总价约1598美元
Form 144 | PDD Holdings高管Zhao Jiazhen拟减持16股,总价约1598美元
2024-09-30
SEC问询函
Form CORRESP - Correspondence
Form CORRESP - Correspondence
2024-09-25
关联方拟减持公告
Form 144 | PDD Holdings 董事 Kam Leung 拟减持2343股,总价约26.7万美元
Form 144 | PDD Holdings 董事 Kam Leung 拟减持2343股,总价约26.7万美元
2024-08-29
SEC问询函
Form CORRESP - Correspondence
Form CORRESP - Correspondence
2024-04-25
年度报告
Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]
Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]
2024-03-27
关联方拟减持公告
Form 144 - Report of proposed sale of securities
Form 144 - Report of proposed sale of securities
分时
5日
日
周
月
数据加载中...
最高
104.10
今开
103.80
量比
3.32
最低
103.08
昨收
101.97
换手率
0.13%
热议股票
{"pagemeta":{"title":"拼多多(PDD)_个股概要_股票价格_最新资讯_行情走势_历史数据","description":"美港股上老虎。老虎社区提供拼多多(PDD)今日价格,行情走势,历史数据,股票概要及实时的新闻资讯,近期大事等重要参考决策数据。","keywords":"拼多多,PDD,拼多多股票,拼多多股票老虎,拼多多股票老虎国际,拼多多行情,拼多多股票行情,拼多多股价,拼多多股市,拼多多股票价格,拼多多股票交易,拼多多股票购买,拼多多股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"拼多多(PDD)_个股概要_股票价格_最新资讯_行情走势_历史数据","og_description":"美港股上老虎。老虎社区提供拼多多(PDD)今日价格,行情走势,历史数据,股票概要及实时的新闻资讯,近期大事等重要参考决策数据。","og_image":"https://static.tigerbbs.com/a0b84b8debbbce3b4440f7fdd5eed2e7"}},"tab":"community","symbol":"PDD","data":{"stockData":{"symbol":"PDD","market":"US","secType":"STK","nameCN":"拼多多","latestPrice":103.88,"timestamp":1776347259152,"preClose":101.97,"halted":0,"volume":968918,"delay":0,"changeRate":0.018730999313523553,"floatShares":775094884,"shares":1419646462,"eps":9.584811,"marketStatus":"交易中","change":1.91,"latestTime":"04-16 09:47:44 EDT","open":103.8,"high":104.1,"low":103.08,"amount":100491204.41066,"amplitude":0.010003,"askPrice":103.9,"askSize":20,"bidPrice":103.86,"bidSize":90,"shortable":3,"etf":0,"structuredFlag":true,"ttmEps":9.584811,"tradingStatus":2,"nextMarketStatus":{"tag":"盘后交易","tradingStatus":3,"beginTime":1776369600000},"marketStatusCode":2,"adr":1,"adrRate":4,"listingDate":1532577600000,"exchange":"NASDAQ","adjPreClose":101.97,"preHourTrading":{"tag":"盘前","latestPrice":103.81,"preClose":101.97,"latestTime":"09:29 EDT","volume":90200,"amount":9344802.4428,"timestamp":1776346199999,"change":1.84,"changeRate":0.018045,"amplitude":0.008042},"postHourTrading":{"tag":"盘后","latestPrice":102.1217,"preClose":101.97,"latestTime":"19:59 EDT","volume":506405,"amount":51641949.5195,"timestamp":1776297592450,"change":0.1517,"changeRate":0.001488,"amplitude":0.004587},"volumeRatio":3.321507,"impliedVol":0.3899,"impliedVolPercentile":0.424},"tweetData":{"bottom":false,"list":[{"cardType":"TWEET","cardId":"TWEET.553189777740504","cardData":[{"tweetId":"553189777740504","author":{"authorId":"3452938437060827","idStr":"3452938437060827","name":"牛唐","avatar":"https://static.tigerbbs.com/de2e2f2e2676bc8463b050f4e3ff17d2","userType":1,"introduction":"","crmLevel":1,"crmLevelSwitch":0,"fanSize":6598,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"又一个20%+的收益","digest":"<a href=\"https://laohu8.com/S/MGN\">$Megan Holdings Ltd.(MGN)$</a> 又一个20%+的收益。 <a href=\"https://laohu8.com/S/GCDT\">$Green Circle Decarbonize Technology Limited(GCDT)$</a> <a href=\"https://laohu8.com/S/QQQ\">$纳指100ETF(QQQ)$</a> <a href=\"https://laohu8.com/S/KWEB\">$中国海外互联网ETF-KraneShares(KWEB)$</a> <a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$</a>","plainDigest":"$Megan Holdings Ltd.(MGN)$ 又一个20%+的收益。 $Green Circle Decarbonize Technology Limited(GCDT)$ $纳指100ETF(QQQ)$ $中国海外互联网ETF-KraneShares(KWEB)$ $拼多多(PDD)$","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1776090665657,"gmtModify":1776090669561,"symbols":["QQQ","MGN","GCDT","KWEB","PDD"],"themeIds":[],"popularizeThemeFlag":false,"imageCount":1,"images":[{"url":"https://static.tigerbbs.com/b2ad1befbd7cf55506e2c163d7ffa5cc","width":"971","height":"688"}],"repostCount":0,"viewCount":703,"likeCount":1,"liked":false,"collected":false,"commentCount":0,"hotComments":[],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/553189777740504","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":155,"displayRows":4,"foldSize":0,"authorId":"3452938437060827"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.551779607143448","cardData":[{"tweetId":"551779607143448","author":{"authorId":"4197529087213980","idStr":"4197529087213980","name":"Dr. Zhang","avatar":"https://static.tigerbbs.com/096c2ccec007772a61b5ec79d44498d3","userType":1,"introduction":"","crmLevel":5,"crmLevelSwitch":0,"fanSize":2,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"","digest":"<a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a><v-v data-views=\"0\"></v-v> 垃圾,退市么好了","plainDigest":"$拼多多(PDD)$ 垃圾,退市么好了","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775746387315,"gmtModify":1775747845320,"symbols":["PDD"],"themeIds":[],"popularizeThemeFlag":false,"imageCount":0,"images":[],"repostCount":0,"viewCount":891,"likeCount":3,"liked":false,"collected":false,"commentCount":3,"hotComments":[{"id":"551792353347008","author":{"authorId":"4117954127910450","idStr":"4117954127910450","name":"凉风羽羽毛","avatar":"https://static.laohu8.com/default-avatar.jpg","userType":1,"introduction":"","crmLevel":5,"crmLevelSwitch":0,"fanSize":1,"starInvestorFlag":false},"content":"真的尤其垃圾,tm不做市值管理那你上市不就是割韭菜嘛。干脆私有化退市,你爱怎么搞怎么搞","plainContent":"真的尤其垃圾,tm不做市值管理那你上市不就是割韭菜嘛。干脆私有化退市,你爱怎么搞怎么搞","likeCount":0,"commentType":"valid","coins":0},{"id":"551918897378064","author":{"authorId":"3480393853816026","idStr":"3480393853816026","name":"大有168","avatar":"https://static.tigerbbs.com/84b6768b7a4939ebf38d49f137e8715c","userType":1,"introduction":"","crmLevel":2,"crmLevelSwitch":0,"fanSize":1,"starInvestorFlag":false},"content":"农历四月才会开始小幅度上涨,大涨在农历五月,耐心才能赚到钱","plainContent":"农历四月才会开始小幅度上涨,大涨在农历五月,耐心才能赚到钱","likeCount":0,"commentType":"valid","coins":0}],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":false,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/551779607143448","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":28,"displayRows":4,"foldSize":0,"authorId":"4197529087213980"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.551641533423712","cardData":[{"tweetId":"551641533423712","author":{"authorId":"3524106587938986","idStr":"3524106587938986","name":"资本要闻","avatar":"https://static.tigerbbs.com/4b73ab963c29c77d538b8de17c26e931","userType":1,"introduction":"","crmLevel":1,"crmLevelSwitch":0,"fanSize":1164,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"拼多多“千亿扶持”一周年盘点:深入数百个农产区、产业带,助推供应链高质量发展","digest":"2025年4月,拼多多在“百亿减免”等惠商举措的基础上,加快升级高质量发展战略,在电商行业率先推出了“千亿级别”的重磅惠商战略,三年计划投入1000亿资源持续普惠供需双侧,推动商家及产业实现新质转型,积极构建用户、商家、产业及平台等多方共赢的生态。在过去一年,依托“千亿扶持”战略,拼多多加大对“多多好特产”“新质供给”“电商西进”等专项行动的投入,先后走进数百个农产区、产业带,深入供应链各个环节,推动农产品精品化、标准化,促进产业带迈向品牌化、高质量发展。此外,在2025年底,拼多多进一步推动消费普惠,将更多偏远乡村纳入“包邮区”,以“免费送货入村”进一步激活了乡村经济活力。在“千亿扶持”打下的供应链基础上,拼多多集团前不久正式宣布组建“新拼姆”,继续重仓中国供应链,开启品牌自营,带动国内产业高质量、品牌化发展。这是拼多多集团发布新阶段战略“聚焦、重投供应链升级,高质量发展”后落地的首个战略举措。目前,新拼姆已在上海成立新的专项公司,一期已现金注资150亿元,未来三年计划总计投入1000亿元真金白银,整合“拼多多+Temu”的供应链资源,重点面向全球市场,系统性自营并孵化面向不同市场、不同品类的品牌。“我们已锚定中国供应链作为接下来业务发展的核心,公司将继续践行高质量发展,All in中国供应链的高质量、品牌化,实现平台的再造,带动生态体系价值跃迁。”赵佳臻表示。深入数百个农产区、产业带,供应链实现“累进式创新”2025年4月,在“千亿扶持”推出后,拼多多正式启动“2025多多好特产”农业专项行动。截至2025年年底,“多多好特产”专项团队已深入连江鲍鱼、梅州柚子、云南咖啡、贵州刺梨、昭通土豆等上百个农产区,依托平台的数字化能力,针对各地的商品特点、产业优势,实施定制化扶持,通过丰富产品、店铺矩阵,解决生鲜产品季节性供给不足、标准化不足等问题,推动农产区实现精品化、深加工发","plainDigest":"2025年4月,拼多多在“百亿减免”等惠商举措的基础上,加快升级高质量发展战略,在电商行业率先推出了“千亿级别”的重磅惠商战略,三年计划投入1000亿资源持续普惠供需双侧,推动商家及产业实现新质转型,积极构建用户、商家、产业及平台等多方共赢的生态。在过去一年,依托“千亿扶持”战略,拼多多加大对“多多好特产”“新质供给”“电商西进”等专项行动的投入,先后走进数百个农产区、产业带,深入供应链各个环节,推动农产品精品化、标准化,促进产业带迈向品牌化、高质量发展。此外,在2025年底,拼多多进一步推动消费普惠,将更多偏远乡村纳入“包邮区”,以“免费送货入村”进一步激活了乡村经济活力。在“千亿扶持”打下的供应链基础上,拼多多集团前不久正式宣布组建“新拼姆”,继续重仓中国供应链,开启品牌自营,带动国内产业高质量、品牌化发展。这是拼多多集团发布新阶段战略“聚焦、重投供应链升级,高质量发展”后落地的首个战略举措。目前,新拼姆已在上海成立新的专项公司,一期已现金注资150亿元,未来三年计划总计投入1000亿元真金白银,整合“拼多多+Temu”的供应链资源,重点面向全球市场,系统性自营并孵化面向不同市场、不同品类的品牌。“我们已锚定中国供应链作为接下来业务发展的核心,公司将继续践行高质量发展,All in中国供应链的高质量、品牌化,实现平台的再造,带动生态体系价值跃迁。”赵佳臻表示。深入数百个农产区、产业带,供应链实现“累进式创新”2025年4月,在“千亿扶持”推出后,拼多多正式启动“2025多多好特产”农业专项行动。截至2025年年底,“多多好特产”专项团队已深入连江鲍鱼、梅州柚子、云南咖啡、贵州刺梨、昭通土豆等上百个农产区,依托平台的数字化能力,针对各地的商品特点、产业优势,实施定制化扶持,通过丰富产品、店铺矩阵,解决生鲜产品季节性供给不足、标准化不足等问题,推动农产区实现精品化、深加工发","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775715002922,"gmtModify":1775715221630,"symbols":["PDD"],"themeIds":["e1692132a53b5d53ee1614f1da4c3c6c"],"popularizeThemeFlag":false,"imageCount":4,"images":[{"url":"https://static.tigerbbs.com/8d3440e437e9b3648225501fa08b58ed"},{"url":"https://static.tigerbbs.com/50f9c01c7b20b146b0b55c445d05a948"},{"url":"https://static.tigerbbs.com/9115f3a33aaae75fd6292dc20f12ac1c"}],"repostCount":1,"viewCount":12955,"likeCount":2,"liked":false,"collected":false,"commentCount":2,"hotComments":[{"id":"552146122040968","author":{"authorId":"4214746600733160","idStr":"4214746600733160","name":"candywyt","avatar":"https://static.tigerbbs.com/0f5eb768ce3960a3a934f43931a29031","userType":1,"introduction":"","crmLevel":1,"crmLevelSwitch":0,"fanSize":0,"starInvestorFlag":false},"content":"也就值100刀的股价,再上去难,要跌下去也不容易,过百就跌,破百就涨,100就是个中轴线。","plainContent":"也就值100刀的股价,再上去难,要跌下去也不容易,过百就跌,破百就涨,100就是个中轴线。","likeCount":0,"commentType":"valid","coins":0},{"id":"551710745727080","author":{"authorId":"9000000000000135","idStr":"9000000000000135","name":"JesseRW","avatar":"https://static.tigerbbs.com/4301cbf338b1b38ccad0aea137806a00","userType":8,"introduction":"运营账号","crmLevel":1,"crmLevelSwitch":0,"fanSize":22,"starInvestorFlag":false},"content":"供应链升级太猛了,拼多多这波稳赢!","plainContent":"供应链升级太猛了,拼多多这波稳赢!","likeCount":0,"commentType":"valid","coins":0}],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":true,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/551641533423712","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":7720,"displayRows":4,"foldSize":0,"authorId":"3524106587938986"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.550731277091376","cardData":[{"tweetId":"550731277091376","author":{"authorId":"3458349567571181","idStr":"3458349567571181","name":"马虎恶魔号","avatar":"https://static.tigerbbs.com/5309b4545d61bcba8ee06c42836bf26f","userType":1,"introduction":"","userGiftHeadFrame":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":0,"fanSize":2488,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"为时我开始把之前拿的零售都抛了","digest":"<a href=\"https://laohu8.com/S/JD\">$京东(JD)$ </a> <a href=\"https://laohu8.com/S/PDD\">$拼多多(PDD)$ </a> <a href=\"https://laohu8.com/S/COST\">$好市多(COST)$ </a> <a href=\"https://laohu8.com/S/WMT\">$沃尔玛(WMT)$ </a> <a href=\"https://laohu8.com/S/01768\">$鸣鸣很忙(01768)$ </a> 老李在加拿大两年了,前阵子视频时跟我吐槽:“这边超市退货跟玩儿似的,我上周买了个55寸电视,看了几天觉得尺寸不合适,推到店里,人家连包装都没拆就给我退了,钱原路返回,连句废话都没有。”他语气里带着点“占了便宜”的得意,我却听得心里一沉——这哪是“福利”,分明是悬在零售企业头上的达摩克利斯之剑。 挂了电话,我翻着手机里的股票账户,那些曾经重仓的零售股,如今像被霜打过的叶子,蔫头耷脑。两年前我还觉得“售后无忧”是零售企业的护城河,是吸引消费者的金字招牌,现在却越看越像裹着糖衣的炮弹——甜在嘴里,炸在心里。 你看拼多多,靠着“仅退款”“七天无理由”杀出一条血路,用户数蹭蹭往上涨;京东也不甘示弱,把“售后无忧”当成核心竞争力,家电退货比换衣服还方便。刚开始我还觉得这是“互联网思维”,是“用户至上”,直到有次跟做家电供应链的朋友吃饭,他苦着脸说:“现在退货率都快30%了,有些用户买冰箱回去用一周,说‘制冷声音大’就退,我们拉回来检测,啥毛病没有,光物流和折旧就亏几千块,这生意还怎么做?” 我这才反应过来,老李说的“无条件退货”,在北美是常态,在国内却成了零售企业的“利润绞肉机”。国情不一","plainDigest":"$京东(JD)$ $拼多多(PDD)$ $好市多(COST)$ $沃尔玛(WMT)$ $鸣鸣很忙(01768)$ 老李在加拿大两年了,前阵子视频时跟我吐槽:“这边超市退货跟玩儿似的,我上周买了个55寸电视,看了几天觉得尺寸不合适,推到店里,人家连包装都没拆就给我退了,钱原路返回,连句废话都没有。”他语气里带着点“占了便宜”的得意,我却听得心里一沉——这哪是“福利”,分明是悬在零售企业头上的达摩克利斯之剑。 挂了电话,我翻着手机里的股票账户,那些曾经重仓的零售股,如今像被霜打过的叶子,蔫头耷脑。两年前我还觉得“售后无忧”是零售企业的护城河,是吸引消费者的金字招牌,现在却越看越像裹着糖衣的炮弹——甜在嘴里,炸在心里。 你看拼多多,靠着“仅退款”“七天无理由”杀出一条血路,用户数蹭蹭往上涨;京东也不甘示弱,把“售后无忧”当成核心竞争力,家电退货比换衣服还方便。刚开始我还觉得这是“互联网思维”,是“用户至上”,直到有次跟做家电供应链的朋友吃饭,他苦着脸说:“现在退货率都快30%了,有些用户买冰箱回去用一周,说‘制冷声音大’就退,我们拉回来检测,啥毛病没有,光物流和折旧就亏几千块,这生意还怎么做?” 我这才反应过来,老李说的“无条件退货”,在北美是常态,在国内却成了零售企业的“利润绞肉机”。国情不一","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775477706731,"gmtModify":1775480252251,"symbols":["JD","COST","01768","WMT","PDD","09618"],"themeIds":["db24b339c29c488488c3af04b083adb3"],"popularizeThemeFlag":false,"imageCount":0,"images":[],"repostCount":0,"viewCount":18196,"likeCount":13,"liked":false,"collected":false,"commentCount":6,"hotComments":[{"id":"551262698649240","author":{"authorId":"4199543189920392","idStr":"4199543189920392","name":"Sacred Rabbit","avatar":"https://static.tigerbbs.com/11284644c21c4f05ac09d2b5c2b09e7d","userType":1,"introduction":"","userGiftHeadFrame":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":7,"crmLevelSwitch":1,"fanSize":27,"starInvestorFlag":false},"content":"阿里巴巴 能买不","plainContent":"阿里巴巴 能买不","likeCount":0,"commentType":"valid","coins":0},{"id":"550750165468792","author":{"authorId":"9000000000000530","idStr":"9000000000000530","name":"JoyceTobias","avatar":"https://static.laohu8.com/default-avatar.jpg","userType":8,"introduction":"运营账号","crmLevel":1,"crmLevelSwitch":0,"fanSize":1,"starInvestorFlag":false},"content":"零售股坑太深了,我也在减仓","plainContent":"零售股坑太深了,我也在减仓","likeCount":0,"commentType":"valid","coins":0}],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/550731277091376","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":2951,"displayRows":4,"foldSize":0,"authorId":"3458349567571181"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.551043299001000","cardData":[{"tweetId":"551043299001000","author":{"authorId":"4178770940157100","idStr":"4178770940157100","name":"电商观察家","avatar":"https://static.tigerbbs.com/30fb2b82fb5edb22d3aba64e6a54cea6","userType":1,"introduction":"","crmLevel":1,"crmLevelSwitch":0,"fanSize":49,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"拼多多加码母婴赛道,推出“红屁屁无忧”服务,首批覆盖“婴童尿裤”,商家违约扣30%货款","digest":"拼多多要收买宝妈人心了,推出“红屁屁无忧”服务,60天超长售后 4月3日消息,据亿邦动力报道,拼多多已于近期发布“红屁屁无忧服务条款”,该服务将于4月10日正式生效,首批覆盖“婴童尿裤”类目下的纸尿裤、拉拉裤、纸尿片及特护尿裤等核心产品。 这是拼多多首次针对母婴产品推出专项售后保障计划。根据服务协议,消费者购买带有“红屁屁无忧”标识的商品后,若在使用过程中出现红疹、红肿、颗粒、结痂或过敏等“尿布疹”症状,可在物流签收之日起60天内发起维权申请。 这一周期远超电商行业普遍执行的“7天无理由”或“15天质量问题退换”标准。婴儿皮肤敏感度存在显著个体差异,且纸尿裤多为整箱购买,过敏反应往往在多次使用后才会显现。60天的保护期,精准回应了母婴消费中“延迟性风险”的痛点。 需要注意的是,消费者需提供未经涂改、未有增删、无任何编辑痕迹的图片及视频凭证,以证明使用所购商品后出现尿布疹。 同时,拼多多在此次服务条款中设置了较强的平台干预机制。消费者发起维权后,商家须在24小时内达成有效响应(即与消费者就处理方案达成一致)。若商家未按时履约,平台将判定其“违背承诺”,并直接从商家账户中扣除违约赔付金,金额为订单实付金额的30%,单笔封顶100元,保底5元。 此外,平台还可根据消费者投诉、售后纠纷、历史履约情况等因素,对违规商家采取限制账户权限、商品降权、下架、禁售甚至删除等处罚措施。 这意味着,拼多多不仅是在鼓励商家提供更好的售后服务,更是在用平台信用和规则强制兜底,形成对商家的实质性约束。 过去几年,拼多多通过“百亿补贴”策略,已成功引入大量一线母婴品牌,包括帮宝适、花王、好奇等。然而在用户心智中,拼多多仍然与“便宜”“性价比”深度绑定,而非“安心”“可靠”。 对于母婴产品,尤其","plainDigest":"拼多多要收买宝妈人心了,推出“红屁屁无忧”服务,60天超长售后 4月3日消息,据亿邦动力报道,拼多多已于近期发布“红屁屁无忧服务条款”,该服务将于4月10日正式生效,首批覆盖“婴童尿裤”类目下的纸尿裤、拉拉裤、纸尿片及特护尿裤等核心产品。 这是拼多多首次针对母婴产品推出专项售后保障计划。根据服务协议,消费者购买带有“红屁屁无忧”标识的商品后,若在使用过程中出现红疹、红肿、颗粒、结痂或过敏等“尿布疹”症状,可在物流签收之日起60天内发起维权申请。 这一周期远超电商行业普遍执行的“7天无理由”或“15天质量问题退换”标准。婴儿皮肤敏感度存在显著个体差异,且纸尿裤多为整箱购买,过敏反应往往在多次使用后才会显现。60天的保护期,精准回应了母婴消费中“延迟性风险”的痛点。 需要注意的是,消费者需提供未经涂改、未有增删、无任何编辑痕迹的图片及视频凭证,以证明使用所购商品后出现尿布疹。 同时,拼多多在此次服务条款中设置了较强的平台干预机制。消费者发起维权后,商家须在24小时内达成有效响应(即与消费者就处理方案达成一致)。若商家未按时履约,平台将判定其“违背承诺”,并直接从商家账户中扣除违约赔付金,金额为订单实付金额的30%,单笔封顶100元,保底5元。 此外,平台还可根据消费者投诉、售后纠纷、历史履约情况等因素,对违规商家采取限制账户权限、商品降权、下架、禁售甚至删除等处罚措施。 这意味着,拼多多不仅是在鼓励商家提供更好的售后服务,更是在用平台信用和规则强制兜底,形成对商家的实质性约束。 过去几年,拼多多通过“百亿补贴”策略,已成功引入大量一线母婴品牌,包括帮宝适、花王、好奇等。然而在用户心智中,拼多多仍然与“便宜”“性价比”深度绑定,而非“安心”“可靠”。 对于母婴产品,尤其","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775553885716,"gmtModify":1775554650678,"symbols":["PDD"],"themeIds":[],"popularizeThemeFlag":false,"imageCount":1,"images":[{"url":"https://static.tigerbbs.com/fa79224f12a58ebb078719ba8bed3674","width":"1267","height":"845"}],"repostCount":1,"viewCount":813,"likeCount":0,"liked":false,"collected":false,"commentCount":0,"hotComments":[],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/551043299001000","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1838,"displayRows":4,"foldSize":0,"authorId":"4178770940157100"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.552689087103760","cardData":[{"tweetId":"552689087103760","author":{"authorId":"3459472868242580","idStr":"3459472868242580","name":"tc_Jesse","avatar":"https://static.tigerbbs.com/c394205073381484c15f7ce62ddb9f5a","userType":1,"introduction":"","crmLevel":1,"crmLevelSwitch":0,"fanSize":26,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"深度:21小时的极限拉扯,美伊“伊斯兰堡首轮谈判”破裂,谁在等待“子弹”再飞一会?","digest":"昨夜,全球金融市场的交易员们恐怕彻夜未眠。 从伊斯兰堡塞瑞纳酒店传出的每一条细碎消息——“面对面会晤”、“双方握手致意”、“进入技术型会谈”——都如同投向市场的深水炸弹,撩拨着黄金和原油的神经。 然而,大戏落幕时,等来的却是副总统万斯(J.D. Vance)冷峻的表态: 谈判结束,未达成协议。 这场长达21小时的极限博弈,虽然名义上是美伊的又一次交锋,但从其规模、级别和背景来看,完全可以被视为特朗普回归后,美伊真正意义上的“第一轮生死博弈”。 没有达成协议,其实早在预料之中。但这次“谈崩”背后透露出的信号,却比达成协议更让人脊背发凉。 01 万斯的“红线”:从“不发展”到“不具备能力” 万斯在赛瑞纳酒店的新闻发布会上,直接摊了牌。 美方的核心诉求很简单,却也极度苛刻:伊朗不仅现在不能发展核武器,未来长期内也必须承诺不获取相关能力与技术。 注意这里的措辞变化。过去美方谈的是“行为”,即你不能做核武器;现在万斯谈的是“能力”,即你连研发核武器的“工具箱”和“说明书”都必须彻底销毁。 这正是德黑兰最无法接受的“红线”。对于伊朗而言,核能力是其政权生存的最后保底筹码。万斯的表态说明,特朗普政府已经放弃了“修修补补”的中间路线,直接开出了“去核化”的终极报价单。 伊朗的选择是“不接受”。这不仅是核问题的死结,更是尊严与生存权的死结。 02 水面下的暗礁:远不止一个“核” 如果认为美伊之间只有核问题,那显然把这场地缘博弈看简单了。在伊斯兰堡的密室里,双方交换的筹码涉及到了中东地缘政治的每一个毛细孔: 海峡管理权:伊朗视霍尔木兹海峡为“生命线”,绝不接受所谓的“共同管控”;而美方则必须保证能源通道的绝对安全。 撤军与赔偿:伊朗要求美军彻底撤出周边,并为之前的制裁和袭击支付赔偿金;这在如今的华盛顿看来,简直是天方夜谭。 导弹与代理人:美方要求伊朗阉割其弹道导弹计划,并切断与中东“抵抗之弧”","plainDigest":"昨夜,全球金融市场的交易员们恐怕彻夜未眠。 从伊斯兰堡塞瑞纳酒店传出的每一条细碎消息——“面对面会晤”、“双方握手致意”、“进入技术型会谈”——都如同投向市场的深水炸弹,撩拨着黄金和原油的神经。 然而,大戏落幕时,等来的却是副总统万斯(J.D. Vance)冷峻的表态: 谈判结束,未达成协议。 这场长达21小时的极限博弈,虽然名义上是美伊的又一次交锋,但从其规模、级别和背景来看,完全可以被视为特朗普回归后,美伊真正意义上的“第一轮生死博弈”。 没有达成协议,其实早在预料之中。但这次“谈崩”背后透露出的信号,却比达成协议更让人脊背发凉。 01 万斯的“红线”:从“不发展”到“不具备能力” 万斯在赛瑞纳酒店的新闻发布会上,直接摊了牌。 美方的核心诉求很简单,却也极度苛刻:伊朗不仅现在不能发展核武器,未来长期内也必须承诺不获取相关能力与技术。 注意这里的措辞变化。过去美方谈的是“行为”,即你不能做核武器;现在万斯谈的是“能力”,即你连研发核武器的“工具箱”和“说明书”都必须彻底销毁。 这正是德黑兰最无法接受的“红线”。对于伊朗而言,核能力是其政权生存的最后保底筹码。万斯的表态说明,特朗普政府已经放弃了“修修补补”的中间路线,直接开出了“去核化”的终极报价单。 伊朗的选择是“不接受”。这不仅是核问题的死结,更是尊严与生存权的死结。 02 水面下的暗礁:远不止一个“核” 如果认为美伊之间只有核问题,那显然把这场地缘博弈看简单了。在伊斯兰堡的密室里,双方交换的筹码涉及到了中东地缘政治的每一个毛细孔: 海峡管理权:伊朗视霍尔木兹海峡为“生命线”,绝不接受所谓的“共同管控”;而美方则必须保证能源通道的绝对安全。 撤军与赔偿:伊朗要求美军彻底撤出周边,并为之前的制裁和袭击支付赔偿金;这在如今的华盛顿看来,简直是天方夜谭。 导弹与代理人:美方要求伊朗阉割其弹道导弹计划,并切断与中东“抵抗之弧”","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775968426842,"gmtModify":1775968781119,"symbols":["NVDA","VRT","PDD","LITE","SNDK"],"themeIds":["c7beb8c494764725b3b94f2f414bb12c"],"popularizeThemeFlag":false,"imageCount":1,"images":[{"url":"https://static.tigerbbs.com/bce1a3acca7ab81af62d03e997cfcff7","width":"1260","height":"2228"}],"repostCount":0,"viewCount":671,"likeCount":1,"liked":false,"collected":false,"commentCount":1,"hotComments":[{"id":"552697609005224","author":{"authorId":"9000000000000463","idStr":"9000000000000463","name":"MurrayBulwer","avatar":"https://static.tigerbbs.com/86339b64cf42eeac7905c45fdbbed7fb","userType":8,"introduction":"运营账号","crmLevel":1,"crmLevelSwitch":0,"fanSize":5,"starInvestorFlag":false},"content":"谈判崩了,黄金原油避险机会来了?","plainContent":"谈判崩了,黄金原油避险机会来了?","likeCount":0,"commentType":"valid","coins":0}],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/552689087103760","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":2568,"displayRows":4,"foldSize":0,"authorId":"3459472868242580"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.548766059812584","cardData":[{"tweetId":"548766059812584","author":{"authorId":"4182426465066882","idStr":"4182426465066882","name":"過路人","avatar":"https://community-static.tradeup.com/news/502b7056b781d0ec55300ea9614ff858","userType":1,"introduction":"","crmLevel":12,"crmLevelSwitch":0,"fanSize":647,"starInvestorFlag":true,"fullDisclosureFlag":true,"starInvestorFollowerNum":557,"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"userFollowInvestorFlag":false,"ror":46.18,"showRor":true,"investmentPhilosophy":"個人認為:賣put好過揸正股。在過去幾年,憑著這個賣put之術,在恒指連跌四年間,以年作結算仍能獲利,全身而退。無礙,賣put唔能夠令我賺大錢,但當股市在長期偏弱既情況下,係一個可取既投資方式。","winRationPercentage":97.212544,"dataLabelList":[],"tradeVolumeEst":0},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"userFollowInvestorFlag":false,"title":"","digest":"<a href=\"https://ttm.financial/S/HSI\">$恒生指数(HSI)$ </a><v-v data-views=\"1\"></v-v> 寻日真系令人气愤[怒]。一度升超过[看涨]200点。之后竟倒跌接近[看跌]200点。顶。咁搞法。仲有无人够胆玩港股呀[衰]。。 <a href=\"https://ttm.financial/S/00664\">$铜师傅(00664)$ </a> 呢位师傅铜打上身都用[邪恶] 。以35.24就随即下跌[看跌] 。哗跌成接近5成收市。发神经。孖展中乙组既话。真系命恭喜佢发财喇[得意] 。今次惨了。话时话。有金有银有铜。买旧铜反去抬咩[转发][转发][转发] <a href=\"https://ttm.financial/S/PDD\">$拼多多(PDD)$ </a> 拼来拼去。之前连100元都上唔到。系咁上下料。业绩咁差当日却大升。跑后炮讲话。当然话它系骗炮啦[崩溃][崩溃] <a href=\"https://ttm.financial/S/.IXIC\">$纳斯达克(.IXIC)$ </a><v-v data-views=\"0\"></v-v> 之前连跌几日。寻日一下子就升反3.83%。点够你玩[震惊]。鲍sir。放鸽所以大升[看涨][看涨] <v-v data-views=\"0\"></v-v> 好dog架你。上星期又话比人查大跌10%。寻日就话有大佬扫货而大升。 鲍sir。放鸽所以大升","plainDigest":"$恒生指数(HSI)$ 寻日真系令人气愤[怒]。一度升超过[看涨]200点。之后竟倒跌接近[看跌]200点。顶。咁搞法。仲有无人够胆玩港股呀[衰]。。 $铜师傅(00664)$ 呢位师傅铜打上身都用[邪恶] 。以35.24就随即下跌[看跌] 。哗跌成接近5成收市。发神经。孖展中乙组既话。真系命恭喜佢发财喇[得意] 。今次惨了。话时话。有金有银有铜。买旧铜反去抬咩[转发][转发][转发] $拼多多(PDD)$ 拼来拼去。之前连100元都上唔到。系咁上下料。业绩咁差当日却大升。跑后炮讲话。当然话它系骗炮啦[崩溃][崩溃] $纳斯达克(.IXIC)$ 之前连跌几日。寻日一下子就升反3.83%。点够你玩[震惊]。鲍sir。放鸽所以大升[看涨][看涨] 好dog架你。上星期又话比人查大跌10%。寻日就话有大佬扫货而大升。 鲍sir。放鸽所以大升","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775000431170,"gmtModify":1775007008941,"symbols":["00664",".IXIC","HSI","PDD"],"themeIds":["5bfad02ab61749c8bfe6573ac7bbe8a3"],"popularizeThemeFlag":false,"imageCount":2,"images":[{"url":"https://community-static.tradeup.com/news/b7a95cb8432567f746fc3c22c706feac","width":"584","height":"1147"}],"repostCount":0,"viewCount":1106,"likeCount":0,"liked":false,"collected":false,"commentCount":0,"hotComments":[],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":false,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/548766059812584","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":["晒单贴"],"commentAndTweetFlag":false,"upFlag":true,"length":597,"displayRows":4,"foldSize":0,"authorId":"4182426465066882"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.550244522029744","cardData":[{"tweetId":"550244522029744","author":{"authorId":"3459472868242580","idStr":"3459472868242580","name":"tc_Jesse","avatar":"https://static.tigerbbs.com/c394205073381484c15f7ce62ddb9f5a","userType":1,"introduction":"","crmLevel":1,"crmLevelSwitch":0,"fanSize":26,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"","digest":"<a href=\"https://laohu8.com/J/showDialog/word_explain?id=1993354704482361344&word=Anthropic\">Anthropic</a> 决裂 OpenClaw:<a href=\"https://laohu8.com/J/showDialog/word_explain?id=1993453154020941824&word=AI Agent\">AI Agent</a> 的“入口主权”保卫战 4月4日,美东时间下午3点,AI圈的一场“温水煮青蛙”正式沸腾。 不少习惯了用 OpenClaw(Moltbot)高强度挂载 Claude 订阅额度的开发者发现,原本那份能“白嫖”高强度自动化任务的“友好额度”戛然而止。 Anthropic 并不是禁止你登录,而是通过更精细的计费切割:订阅额度不再覆盖第三方 Agent 接口。 想用自动化?可以,开 Extra Usage(额外用量)或走 <a href=\"https://laohu8.com/J/showDialog/word_explain?id=1993149366688702464&word=API\">API</a> 按量付费。 表面上,这又是一次关于 API 滥用、ToS(服务条款)执行和服务器容量紧张的常规清理。 但如果把时间轴拉长,从今年1月的技术封堵,到4月初的邮件最后通牒,再到近期 Claude Code 密集上线 Channels、Remote Control 等核心功能,你会发现这根本不是简单的商业调整。 这是一场预谋已久的“入口主权”保卫战。Anthropic 正在拼死阻止自己被“管道化”。 01 消失的“前门”:Anthropic 怕什么? 在商业史上,最惨痛的教训莫过于“为他人作嫁衣”。 过去半年,OpenCla","plainDigest":"Anthropic 决裂 OpenClaw:AI Agent 的“入口主权”保卫战 4月4日,美东时间下午3点,AI圈的一场“温水煮青蛙”正式沸腾。 不少习惯了用 OpenClaw(Moltbot)高强度挂载 Claude 订阅额度的开发者发现,原本那份能“白嫖”高强度自动化任务的“友好额度”戛然而止。 Anthropic 并不是禁止你登录,而是通过更精细的计费切割:订阅额度不再覆盖第三方 Agent 接口。 想用自动化?可以,开 Extra Usage(额外用量)或走 API 按量付费。 表面上,这又是一次关于 API 滥用、ToS(服务条款)执行和服务器容量紧张的常规清理。 但如果把时间轴拉长,从今年1月的技术封堵,到4月初的邮件最后通牒,再到近期 Claude Code 密集上线 Channels、Remote Control 等核心功能,你会发现这根本不是简单的商业调整。 这是一场预谋已久的“入口主权”保卫战。Anthropic 正在拼死阻止自己被“管道化”。 01 消失的“前门”:Anthropic 怕什么? 在商业史上,最惨痛的教训莫过于“为他人作嫁衣”。 过去半年,OpenCla","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775358872699,"gmtModify":1775433125393,"symbols":["NVDA","BABA","TSLA","PDD","LITE","09988"],"themeIds":["8987a7fe5396444e8a5d46604c67a665"],"popularizeThemeFlag":false,"imageCount":1,"images":[{"url":"https://static.tigerbbs.com/33f1b014b7f833464930a52c2bdc7920","width":"1260","height":"2144"}],"repostCount":1,"viewCount":12293,"likeCount":3,"liked":false,"collected":false,"commentCount":1,"hotComments":[{"id":"550241426133184","author":{"authorId":"9000000000000473","idStr":"9000000000000473","name":"MonaCurme","avatar":"https://static.tigerbbs.com/c7acc7a0c5b31d83089e91993823f519","userType":8,"introduction":"运营账号","crmLevel":1,"crmLevelSwitch":0,"fanSize":0,"starInvestorFlag":false},"content":"入口主权战,AI股要盯紧了!","plainContent":"入口主权战,AI股要盯紧了!","likeCount":0,"commentType":"valid","coins":0}],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":false,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/550244522029744","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":4004,"displayRows":4,"foldSize":0,"authorId":"3459472868242580"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.550229669819360","cardData":[{"tweetId":"550229669819360","author":{"authorId":"4182426465066882","idStr":"4182426465066882","name":"過路人","avatar":"https://community-static.tradeup.com/news/502b7056b781d0ec55300ea9614ff858","userType":1,"introduction":"","crmLevel":12,"crmLevelSwitch":0,"fanSize":647,"starInvestorFlag":true,"fullDisclosureFlag":true,"starInvestorFollowerNum":557,"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"userFollowInvestorFlag":false,"ror":46.18,"showRor":true,"investmentPhilosophy":"個人認為:賣put好過揸正股。在過去幾年,憑著這個賣put之術,在恒指連跌四年間,以年作結算仍能獲利,全身而退。無礙,賣put唔能夠令我賺大錢,但當股市在長期偏弱既情況下,係一個可取既投資方式。","winRationPercentage":97.212544,"dataLabelList":[],"tradeVolumeEst":0},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"userFollowInvestorFlag":false,"title":"中概股面对的困局","digest":"虽然星期三[可怜] 恒指都仲好好地升[看涨] 500点。夜期一度上升。无奈之后美股拖后腿。搞到星期四期大跌[看跌] 177点。虽然以点数计唔系真系跌左好多。由于我主要持有科技股。所以我个仓好似股灾咁[流泪] 。 <a href=\"https://ttm.financial/S/09618\">$京东集团-SW(09618)$ </a><v-v data-views=\"1\"></v-v> 其实我觉得出左业绩之后股价表现愈来愈好。无耐受制于打仗。股价停滞不前。若将来大市整体市况有好转既话。我觉得佢继续上升既机会好大。加上派息在即。表现应该不会太差。虽然我目前帐面系蚀紧。我每周透过卖call降低成本。相信终有一日我可以回本[胜利] <a href=\"https://ttm.financial/S/00700\">$腾讯控股(00700)$ </a><v-v data-views=\"1\"></v-v> 正所谓:成也龙虾败也龙虾之前几日受惠于龙虾概念而反弹。企鹅不再企鹅,不过业绩后又跌返。。不过唔知真定假。。如果系真既话好大机会又会下跌[看跌] 。吹大左喇500可能已经系顶。暂时真的没有什么好消息可以支持股价向上[摊手] <a href=\"https://ttm.financial/S/03690\">$美团-W(03690)$ </a><v-v data-views=\"1\"></v-v> 前几日表现真系值得一闹。大市升咁多都要跌。仲要系高开之后跌。。若非当日大市升500几点。应该不至跌升咁少。若持续回跌既话。我相信不少人要转行送外卖了。。星期四亦跟著大市下跌。大市升","plainDigest":"虽然星期三[可怜] 恒指都仲好好地升[看涨] 500点。夜期一度上升。无奈之后美股拖后腿。搞到星期四期大跌[看跌] 177点。虽然以点数计唔系真系跌左好多。由于我主要持有科技股。所以我个仓好似股灾咁[流泪] 。 $京东集团-SW(09618)$ 其实我觉得出左业绩之后股价表现愈来愈好。无耐受制于打仗。股价停滞不前。若将来大市整体市况有好转既话。我觉得佢继续上升既机会好大。加上派息在即。表现应该不会太差。虽然我目前帐面系蚀紧。我每周透过卖call降低成本。相信终有一日我可以回本[胜利] $腾讯控股(00700)$ 正所谓:成也龙虾败也龙虾之前几日受惠于龙虾概念而反弹。企鹅不再企鹅,不过业绩后又跌返。。不过唔知真定假。。如果系真既话好大机会又会下跌[看跌] 。吹大左喇500可能已经系顶。暂时真的没有什么好消息可以支持股价向上[摊手] $美团-W(03690)$ 前几日表现真系值得一闹。大市升咁多都要跌。仲要系高开之后跌。。若非当日大市升500几点。应该不至跌升咁少。若持续回跌既话。我相信不少人要转行送外卖了。。星期四亦跟著大市下跌。大市升","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775354613987,"gmtModify":1775354844291,"symbols":["BABA","09618","03690","00700","PDD"],"themeIds":["5bfad02ab61749c8bfe6573ac7bbe8a3"],"popularizeThemeFlag":false,"imageCount":3,"images":[{"url":"https://community-static.tradeup.com/news/5ad59abb37d46502f17728d7c6da113a","width":"720","height":"579"},{"url":"https://community-static.tradeup.com/news/65bbc30c23cdaa50925b0637c4b5870f","width":"584","height":"1147"},{"url":"https://community-static.tradeup.com/news/6f16373daca75538b27e1a0d6ce14128","width":"584","height":"1147"}],"repostCount":0,"viewCount":1237,"likeCount":0,"liked":false,"collected":false,"commentCount":0,"hotComments":[],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/550229669819360","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":["晒单贴"],"commentAndTweetFlag":false,"upFlag":false,"length":1332,"displayRows":4,"foldSize":0,"authorId":"4182426465066882"}],"position":0},{"cardType":"TWEET","cardId":"TWEET.552380885673856","cardData":[{"tweetId":"552380885673856","author":{"authorId":"3554954414033991","idStr":"3554954414033991","name":"外参财观","avatar":"https://static.tigerbbs.com/674f10efe9f059e31f878720d7a54fe3","userType":1,"introduction":"","crmLevel":1,"crmLevelSwitch":0,"fanSize":1,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"title":"兰州约谈之后:拼多多的“合规成人礼”与战略大考","digest":"在2026年4月9日,春日里的兰州迎来了一场行政会议。 图片 该会议面向一众电商行业巨头,包括拼多多在内的多家电商平台于这场行政约谈中纷纷签订了《公平竞争承诺书》。 之所以要签订这份承诺书,主要还是因为之前电商平台存在虚假宣传、刷单炒信等行为。监管部门此次开展的约谈行动,直接明确了电商平台的违法、违规红线:严禁串通定价、严禁划分市场、严禁联合抵制交易。 对于拼多多而言,平台经济开始告别“野蛮生长”的草莽时代,转而全面进入合规严管时代。在这个时代里,任何试图通过钻空子、打擦边球来获取超额利润的行为,都将面临前所未有的法律风险与舆论审视。 监管新常态:从“10万罚单”到常态化约谈 说到底,此次拼多多在兰州被约谈,其实是该平台近期密集监管压力的集中释放。 早在今年1月,上海税务部门就针对拼多多未按规定报送涉税信息的行为,对其开出了10万元的“顶格罚单”。尽管金额不大,但其象征意义是远超数字本身的。 对于这张罚单,外界将其视为监管层向平台经济发出的“合规成人礼”信号,从侧面宣告电商平台“野蛮生长”时代已经结束了。 图片 (图源:国家税务总局) 紧随这张罚单之后的,是市场监管总局、税务总局等部门组成联合调查组,一同进驻拼多多上海总部。表明监管已从单一部门的点状执法,升级为多部门协同的系统性、常态化监督。 对于这种“组合拳”式的监管模式,其实是有讲究的。税务部门关注的是资金流与信息流的合规,而市场监管部门关注的是竞争秩序与消费者权益,多部门的协同作战,能够有效地打破信息壁垒,完成对电商平台的穿透式监管。 对于拼多多而言,其后续的内、外部运营,每一个环节都将处在严密、立体的监管网络之下。如,从上海到兰州,各地监管部门对拼多多的关注点,覆盖了税务、反垄断、商品质量、广告宣传等多个维度,这种“地方包围中央”的监管态势,也迫使拼多多将合规从“可选项”变为“必选项”。 图片 (图源:拼多多官网)","plainDigest":"在2026年4月9日,春日里的兰州迎来了一场行政会议。 图片 该会议面向一众电商行业巨头,包括拼多多在内的多家电商平台于这场行政约谈中纷纷签订了《公平竞争承诺书》。 之所以要签订这份承诺书,主要还是因为之前电商平台存在虚假宣传、刷单炒信等行为。监管部门此次开展的约谈行动,直接明确了电商平台的违法、违规红线:严禁串通定价、严禁划分市场、严禁联合抵制交易。 对于拼多多而言,平台经济开始告别“野蛮生长”的草莽时代,转而全面进入合规严管时代。在这个时代里,任何试图通过钻空子、打擦边球来获取超额利润的行为,都将面临前所未有的法律风险与舆论审视。 监管新常态:从“10万罚单”到常态化约谈 说到底,此次拼多多在兰州被约谈,其实是该平台近期密集监管压力的集中释放。 早在今年1月,上海税务部门就针对拼多多未按规定报送涉税信息的行为,对其开出了10万元的“顶格罚单”。尽管金额不大,但其象征意义是远超数字本身的。 对于这张罚单,外界将其视为监管层向平台经济发出的“合规成人礼”信号,从侧面宣告电商平台“野蛮生长”时代已经结束了。 图片 (图源:国家税务总局) 紧随这张罚单之后的,是市场监管总局、税务总局等部门组成联合调查组,一同进驻拼多多上海总部。表明监管已从单一部门的点状执法,升级为多部门协同的系统性、常态化监督。 对于这种“组合拳”式的监管模式,其实是有讲究的。税务部门关注的是资金流与信息流的合规,而市场监管部门关注的是竞争秩序与消费者权益,多部门的协同作战,能够有效地打破信息壁垒,完成对电商平台的穿透式监管。 对于拼多多而言,其后续的内、外部运营,每一个环节都将处在严密、立体的监管网络之下。如,从上海到兰州,各地监管部门对拼多多的关注点,覆盖了税务、反垄断、商品质量、广告宣传等多个维度,这种“地方包围中央”的监管态势,也迫使拼多多将合规从“可选项”变为“必选项”。 图片 (图源:拼多多官网)","sourceLanguage":"CN","currentLanguage":"CN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1775893252670,"gmtModify":1775898873817,"symbols":["PDD"],"themeIds":[],"popularizeThemeFlag":false,"imageCount":12,"images":[{"url":"https://static.tigerbbs.com/c1a881714b8955a736a3927119c89491","width":"1080","height":"554"}],"repostCount":0,"viewCount":291,"likeCount":1,"liked":false,"collected":false,"commentCount":0,"hotComments":[],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://laohu8.com/post/552380885673856","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":5369,"displayRows":4,"foldSize":0,"authorId":"3554954414033991"}],"position":0}],"size":10},"newsData":null,"noticeData":{"listData":[{"cdn_pdf":false,"hasAttachments":true,"id":"20921174","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337926000127-PDD","pdf_url":"","pub_time":1774843200000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings Inc.董事 Kam Anthony Ping Leung 拟减持1533股,总价约15.3万美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337926000127/0001973379-26-000127-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings Inc.董事 Kam Anthony Ping Leung 拟减持1533股,总价约15.3万美元","gpt_en_title":"Form 144 | PDD Holdings Inc. Director Kam Anthony Ping Leung proposes to sell 1,533 shares, with a total value of approximately $153,000.","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337926000127/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILE57GUchBxrKZqTWCf","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2026-03-30 12:00","pubTimestamp":1774843200,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"20920994","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337926000126-PDD","pdf_url":"","pub_time":1774843200000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings Inc. 董事 Rietjens Ivonne MCM 拟减持560股ADS,拟套现约5.59万美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337926000126/0001973379-26-000126-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings Inc. 董事 Rietjens Ivonne MCM 拟减持560股ADS,拟套现约5.59万美元","gpt_en_title":"Form 144 | PDD Holdings Inc. Director Rietjens Ivonne MCM proposes to sell 560 ADSs, with a total value of approximately $55,893.60","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337926000126/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILE6DXgSKCZz9EbKqaX","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2026-03-30 12:00","pubTimestamp":1774843200,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"20197324","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337925000267-PDD","pdf_url":"","pub_time":1758600000000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings高管赵嘉臻拟减持4万股,总价约514万美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337925000267/0001973379-25-000267-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings高管赵嘉臻拟减持4万股,总价约514万美元","gpt_en_title":"Form 144 | PDD Holdings Inc.'s Officer Zhao Jiazhen proposes to sell 40,000 shares, with a total value of approximately $5.14 Million.","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337925000267/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILECVY4Qj4ZA3j15vrh","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2025-09-23 12:00","pubTimestamp":1758600000,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"20123488","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337925000245-PDD","pdf_url":"","pub_time":1756872000000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings 董事 Kam A.P. Leung 拟减持2127股,总价约25.9万美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337925000245/0001973379-25-000245-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings 董事 Kam A.P. Leung 拟减持2127股,总价约25.9万美元","gpt_en_title":"Form 144 | PDD Holdings' Director Kam Anthony Ping Leung proposes to sell 2,127 shares, with a total value of approximately $258,834.63.","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337925000245/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILEGBzcGzzyp1MTQht6","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2025-09-03 12:00","pubTimestamp":1756872000,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"19559573","market":"us","labels":[],"media":"sec.gov","original_id":"AN141057825000951-PDD","pdf_url":"","pub_time":1745812800000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]","symbol":"PDD","title":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]","titleType":"年度报告","type":"usFinancials","url":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/0001410578-25-000951-index.htm","us_notice_code":"Form 20-F","us_title_en":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"","gpt_en_title":"","attachments":[{"description":"20-F","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231x20f.htm","primary":true,"translateUrl":"","linkName":"pdd-20241231x20f.htm","type":"20-F","id":"NTFILEFaw9yW57rQYDAjkN","market":"us","size":4333272},{"description":"EX-2.6","seq":2,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex2d6.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex2d6.htm","type":"EX-2.6","id":"NTFILE27uNG6Kt6vbB9YsU","market":"us","size":155229},{"description":"EX-4.5","seq":3,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex4d5.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex4d5.htm","type":"EX-4.5","id":"NTFILE7d89vq2Yg8xaSSD8","market":"us","size":87850},{"description":"EX-4.6","seq":4,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex4d6.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex4d6.htm","type":"EX-4.6","id":"NTFILERU2tm7coRcBC9zwE","market":"us","size":149202},{"description":"EX-4.8","seq":5,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex4d8.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex4d8.htm","type":"EX-4.8","id":"NTFILExEJQqLvaRXaZmYyV","market":"us","size":129426},{"description":"EX-4.9","seq":6,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex4d9.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex4d9.htm","type":"EX-4.9","id":"NTFILEE1TxvuhX4RWBh6Rz","market":"us","size":7424},{"description":"EX-4.10","seq":7,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex4d10.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex4d10.htm","type":"EX-4.10","id":"NTFILEHgxWcXNrBa3TJh5k","market":"us","size":7442},{"description":"EX-8.1","seq":8,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex8d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex8d1.htm","type":"EX-8.1","id":"NTFILEFF679X9w3KGfzxrL","market":"us","size":26390},{"description":"EX-11.2","seq":9,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex11d2.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex11d2.htm","type":"EX-11.2","id":"NTFILECjZVtA4hWw1zCGhC","market":"us","size":66164},{"description":"EX-12.1","seq":10,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex12d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex12d1.htm","type":"EX-12.1","id":"NTFILEHSC6JvhpodzB596i","market":"us","size":11722},{"description":"EX-12.2","seq":11,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex12d2.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex12d2.htm","type":"EX-12.2","id":"NTFILE369tjHqe5RWBDUAQ","market":"us","size":11394},{"description":"EX-13.1","seq":12,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex13d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex13d1.htm","type":"EX-13.1","id":"NTFILEEBmifhcq4HcgsCGi","market":"us","size":6403},{"description":"EX-13.2","seq":13,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex13d2.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex13d2.htm","type":"EX-13.2","id":"NTFILEGfM14J2xNSe5gfqS","market":"us","size":6375},{"description":"EX-15.1","seq":14,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex15d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex15d1.htm","type":"EX-15.1","id":"NTFILE4fJyXfRUgogmg9dY","market":"us","size":4416},{"description":"EX-15.2","seq":15,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231xex15d2.htm","primary":false,"translateUrl":"","linkName":"pdd-20241231xex15d2.htm","type":"EX-15.2","id":"NTFILEHbgS91vQgMmjzmxf","market":"us","size":4891},{"description":"GRAPHIC","seq":16,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000141057825000951/pdd-20241231x20f006.jpg","primary":false,"translateUrl":"","linkName":"pdd-20241231x20f006.jpg","type":"GRAPHIC","id":"NTFILEGGvaFEk9VtWMKRxd","market":"us","size":96462}],"type_name":"财务报告","type_name_en":"Financial Report","titleTypeEn":"Annual Report","us_type":"usFinancials","us_type_zh":"财务报告","earn_infos":[],"event_type":"important_notice","event_name":"年度报告","pubTime":"2025-04-28 12:00","pubTimestamp":1745812800,"title_zh":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","gpt_icon":0},{"cdn_pdf":false,"hasAttachments":true,"id":"19279595","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337925000112-PDD","pdf_url":"","pub_time":1742875200000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings Inc. 董事 Kam Anthony Ping Leung拟减持1553股,总价约19.9万美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337925000112/0001973379-25-000112-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings Inc. 董事 Kam Anthony Ping Leung拟减持1553股,总价约19.9万美元","gpt_en_title":"Form 144 | PDD Holdings Inc. Director Kam Anthony Ping Leung proposes to sell 1553 shares, with a total value of approximately $198,970.36.","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337925000112/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILE4QyUzYxp5d2bugrK","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2025-03-25 12:00","pubTimestamp":1742875200,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"19278592","market":"us","labels":[],"media":"sec.gov","original_id":"AN110465925006478-PDD","pdf_url":"","pub_time":1738062095000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form CORRESP - Correspondence","symbol":"PDD","title":"Form CORRESP - Correspondence","titleType":"SEC问询函","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/0001104659-25-006478-index.html","us_notice_code":"Form CORRESP","us_title_en":"Form CORRESP - Correspondence","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"","gpt_en_title":"","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465925006478/filename1.htm","primary":true,"translateUrl":"","linkName":"filename1.htm","type":"CORRESP","id":"NTFILE3njsY8ioKeRQGe6b","market":"us","size":84711}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Correspondence","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"SEC问询函","pubTime":"2025-01-28 19:01","pubTimestamp":1738062095,"title_zh":"Form CORRESP - Correspondence","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","gpt_icon":0},{"cdn_pdf":false,"hasAttachments":true,"id":"19278615","market":"us","labels":[],"media":"sec.gov","original_id":"AN110465925000646-PDD","pdf_url":"","pub_time":1735922527000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form CORRESP - Correspondence","symbol":"PDD","title":"Form CORRESP - Correspondence","titleType":"SEC问询函","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/0001104659-25-000646-index.html","us_notice_code":"Form CORRESP","us_title_en":"Form CORRESP - Correspondence","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"","gpt_en_title":"","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465925000646/filename1.htm","primary":true,"translateUrl":"","linkName":"filename1.htm","type":"CORRESP","id":"NTFILE5UjmR5EuYYVCd5Ff","market":"us","size":14258}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Correspondence","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"SEC问询函","pubTime":"2025-01-04 00:42","pubTimestamp":1735922527,"title_zh":"Form CORRESP - Correspondence","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","gpt_icon":0},{"cdn_pdf":false,"hasAttachments":true,"id":"18992443","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337924000389-PDD","pdf_url":"","pub_time":1735534800000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings 高管 Zhao Jiazhen 拟减持40000股,总价约389.8万美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337924000389/0001973379-24-000389-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings 高管 Zhao Jiazhen 拟减持40000股,总价约389.8万美元","gpt_en_title":"Form 144 | PDD Holdings' Officer Zhao Jiazhen proposes to sell 40,000 Shares, with a total value of approximately $3.898 Million.","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337924000389/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILECz4vsrmttH79nLPa","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2024-12-30 13:00","pubTimestamp":1735534800,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"18920941","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337924000364-PDD","pdf_url":"","pub_time":1733720400000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings高管Zhao Jiazhen拟减持16股,总价约1598美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337924000364/0001973379-24-000364-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings高管Zhao Jiazhen拟减持16股,总价约1598美元","gpt_en_title":"Form 144 | PDD Holdings Officer Zhao Jiazhen proposes to sell 16 Shares, with a total value of approximately $1598.","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337924000364/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILE7jUtfeJawantiHmZ","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2024-12-09 13:00","pubTimestamp":1733720400,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"19278637","market":"us","labels":[],"media":"sec.gov","original_id":"AN110465924103853-PDD","pdf_url":"","pub_time":1727690708000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form CORRESP - Correspondence","symbol":"PDD","title":"Form CORRESP - Correspondence","titleType":"SEC问询函","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/0001104659-24-103853-index.html","us_notice_code":"Form CORRESP","us_title_en":"Form CORRESP - Correspondence","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"","gpt_en_title":"","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924103853/filename1.htm","primary":true,"translateUrl":"","linkName":"filename1.htm","type":"CORRESP","id":"NTFILEGaoaTdcLLRQMdCkW","market":"us","size":194803},{"description":"GRAPHIC","seq":2,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924103853/tm2425204d1_correspimg001.jpg","primary":false,"translateUrl":"","linkName":"tm2425204d1_correspimg001.jpg","type":"GRAPHIC","id":"NTFILEFuS14QLEgoHYpgrG","market":"us","size":49786},{"description":"GRAPHIC","seq":3,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924103853/tm2425204d1_correspimg002.jpg","primary":false,"translateUrl":"","linkName":"tm2425204d1_correspimg002.jpg","type":"GRAPHIC","id":"NTFILE6LomCro1U5T2f8jv","market":"us","size":48696},{"description":"GRAPHIC","seq":4,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924103853/tm2425204d1_correspimg003.jpg","primary":false,"translateUrl":"","linkName":"tm2425204d1_correspimg003.jpg","type":"GRAPHIC","id":"NTFILE6nSgXHbhxg2WJyYA","market":"us","size":11726}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Correspondence","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"SEC问询函","pubTime":"2024-09-30 18:05","pubTimestamp":1727690708,"title_zh":"Form CORRESP - Correspondence","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","gpt_icon":0},{"cdn_pdf":false,"hasAttachments":true,"id":"18645541","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337924000284-PDD","pdf_url":"","pub_time":1727236800000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 | PDD Holdings 董事 Kam Leung 拟减持2343股,总价约26.7万美元","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/000197337924000284/0001973379-24-000284-index.htm","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"Form 144 | PDD Holdings 董事 Kam Leung 拟减持2343股,总价约26.7万美元","gpt_en_title":"Form 144 | PDD Holdings' Director Kam Anthony Ping Leung proposes to sell 2343 Shares, with a total value of approximately $266,633.","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337924000284/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILE7Bss1ehfBnwMj8uS","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2024-09-25 12:00","pubTimestamp":1727236800,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","is_gpt_notice":1,"gpt_icon":1},{"cdn_pdf":false,"hasAttachments":true,"id":"19278596","market":"us","labels":[],"media":"sec.gov","original_id":"AN110465924094616-PDD","pdf_url":"","pub_time":1724936504000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form CORRESP - Correspondence","symbol":"PDD","title":"Form CORRESP - Correspondence","titleType":"SEC问询函","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/0001104659-24-094616-index.html","us_notice_code":"Form CORRESP","us_title_en":"Form CORRESP - Correspondence","is_important":0,"hasEarnInfos":false,"gpt_zh_title":"","gpt_en_title":"","attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924094616/filename1.htm","primary":true,"translateUrl":"","linkName":"filename1.htm","type":"CORRESP","id":"NTFILEFgo3jwzTim4fu1dE","market":"us","size":15306}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Correspondence","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"SEC问询函","pubTime":"2024-08-29 21:01","pubTimestamp":1724936504,"title_zh":"Form CORRESP - Correspondence","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","gpt_icon":0},{"cdn_pdf":false,"hasAttachments":true,"id":"17991826","market":"us","labels":[],"media":"sec.gov","original_id":"AN110465924051610-PDD","pdf_url":"","pub_time":1714017600000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]","symbol":"PDD","title":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]","titleType":"年度报告","type":"usFinancials","url":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/0001104659-24-051610-index.htm","us_notice_code":"Form 20-F","us_title_en":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]","is_important":0,"hasEarnInfos":false,"gpt_zh_title":null,"gpt_en_title":null,"attachments":[{"description":"FORM 20-F","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231x20f.htm","primary":true,"translateUrl":"","linkName":"pdd-20231231x20f.htm","type":"20-F","id":"NTFILEFqD6htH6EybCJ91q","market":"us","size":4350544},{"description":"EXHIBIT 8.1","seq":2,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex8d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex8d1.htm","type":"EX-8.1","id":"NTFILE2xfUTA6ndo5itG75","market":"us","size":23557},{"description":"EXHIBIT 12.1","seq":3,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex12d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex12d1.htm","type":"EX-12.1","id":"NTFILECt4Zghea5Enr6aVS","market":"us","size":11278},{"description":"EXHIBIT 12.2","seq":4,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex12d2.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex12d2.htm","type":"EX-12.2","id":"NTFILECm5uvCFi3yUNg4Cn","market":"us","size":11328},{"description":"EXHIBIT 13.1","seq":5,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex13d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex13d1.htm","type":"EX-13.1","id":"NTFILE56vTWHCwQsmcm7Av","market":"us","size":5984},{"description":"EXHIBIT 13.2","seq":6,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex13d2.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex13d2.htm","type":"EX-13.2","id":"NTFILE6qLaqSE5FYdm2Rd7","market":"us","size":5940},{"description":"EXHIBIT 15.1","seq":7,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex15d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex15d1.htm","type":"EX-15.1","id":"NTFILEE1cCe8bSBZHZn9e7","market":"us","size":4881},{"description":"EXHIBIT 15.2","seq":8,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex15d2.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex15d2.htm","type":"EX-15.2","id":"NTFILEC7vCAUQS3Pw5gsCQ","market":"us","size":5222},{"description":"EXHIBIT 97.1","seq":9,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231xex97d1.htm","primary":false,"translateUrl":"","linkName":"pdd-20231231xex97d1.htm","type":"EX-97.1","id":"NTFILEJDXtQiwsgxx5Qg43","market":"us","size":38956},{"description":"GRAPHIC","seq":15,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231x20f006.jpg","primary":false,"translateUrl":"","linkName":"pdd-20231231x20f006.jpg","type":"GRAPHIC","id":"NTFILEE7hM2uPfek3scB3d","market":"us","size":93327},{"description":"GRAPHIC","seq":16,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000110465924051610/pdd-20231231x20f009.jpg","primary":false,"translateUrl":"","linkName":"pdd-20231231x20f009.jpg","type":"GRAPHIC","id":"NTFILE6pq4pAUbecBhHoZm","market":"us","size":87011}],"type_name":"财务报告","type_name_en":"Financial Report","titleTypeEn":"Annual Report","us_type":"usFinancials","us_type_zh":"财务报告","earn_infos":[],"event_type":"important_notice","event_name":"年度报告","pubTime":"2024-04-25 12:00","pubTimestamp":1714017600,"title_zh":"Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","gpt_icon":0},{"cdn_pdf":false,"hasAttachments":true,"id":"17767472","market":"us","labels":[],"media":"sec.gov","original_id":"AN197337924000131-PDD","pdf_url":"","pub_time":1711534453000,"showTitleType":true,"size":0,"source":"sec_us","summary":"Form 144 - Report of proposed sale of securities","symbol":"PDD","title":"Form 144 - Report of proposed sale of securities","titleType":"关联方拟减持公告","type":"usAnnouncement","url":"https://www.sec.gov/Archives/edgar/data/1737806/0001973379-24-000131-index.html","us_notice_code":"Form 144","us_title_en":"Form 144 - Report of proposed sale of securities","is_important":0,"hasEarnInfos":false,"gpt_zh_title":null,"gpt_en_title":null,"attachments":[{"description":"","seq":1,"linkUrl":"https://www.sec.gov/Archives/edgar/data/1737806/000197337924000131/xsl144X01/primary_doc.xml","primary":true,"translateUrl":"","linkName":"primary_doc.html","type":"144","id":"NTFILEFBWtMdzgbVyaCsrk","market":"us","size":0}],"type_name":"交易披露","type_name_en":"Transaction Related","titleTypeEn":"Proposed Sale Of Securities","us_type":"usAnnouncement","us_type_zh":"交易披露","earn_infos":[],"event_type":"important_notice","event_name":"关联方拟减持公告","pubTime":"2024-03-27 18:14","pubTimestamp":1711534453,"title_zh":"Form 144 - Report of proposed sale of securities","summary_en":"","summary_zh":"","notice_type":"","filling_tag":"","gpt_icon":0}],"currentPage":1,"bottom":false},"companyData":{"profile":{"websiteUrl":"http://investor.pddholdings.com","stockEarnings":[{"period":"1week","weight":-0.0172},{"period":"1month","weight":-0.018},{"period":"3month","weight":-0.0511},{"period":"6month","weight":-0.2063},{"period":"1year","weight":0.084},{"period":"ytd","weight":-0.1007}],"compareEarnings":[{"period":"1week","weight":0.0354},{"period":"1month","weight":0.0462},{"period":"3month","weight":0.0111},{"period":"6month","weight":0.0535},{"period":"1year","weight":0.3019},{"period":"ytd","weight":0.0264}],"compareStock":{"symbol":"SPY","name":"标普500ETF"},"description":"拼多多控股公司于2015年4月20日在开曼群岛注册成立,是隶属于上海寻梦信息技术有限公司的一家商家入驻模式的第三方移动电商平台,也是以人为先的新电商开创者。生于移动年代,拼多多以农产品零售平台起家,深耕农业,开创了以拼为特色的农产品零售的新模式,逐步发展成为以农副产品为鲜明特色的全品类综合性电商平台,是全球唯一具备规模的纯移动电商平台。作为新电商开创者,拼多多致力于以创新的消费者体验,将“多实惠”和“多乐趣” 融合起来为最广大用户创造持久的价值。","yearOnYearQuotes":[{"month":1,"riseRate":0.5,"avgChangeRate":0.038206},{"month":2,"riseRate":0.625,"avgChangeRate":-0.017516},{"month":3,"riseRate":0.25,"avgChangeRate":-0.098054},{"month":4,"riseRate":0.5,"avgChangeRate":0.019049},{"month":5,"riseRate":0.428571,"avgChangeRate":0.06475},{"month":6,"riseRate":0.857143,"avgChangeRate":0.088728},{"month":7,"riseRate":0.571429,"avgChangeRate":0.002249},{"month":8,"riseRate":0.625,"avgChangeRate":0.093841},{"month":9,"riseRate":0.375,"avgChangeRate":0.056596},{"month":10,"riseRate":0.5,"avgChangeRate":-0.005052},{"month":11,"riseRate":0.5,"avgChangeRate":0.135278},{"month":12,"riseRate":0.375,"avgChangeRate":0.019207}],"exchange":"NASDAQ","name":"拼多多","nameEN":"PDD Holdings Inc"},"aProfile":null}}}