{"id":60087,"date":"2026-02-12T08:57:23","date_gmt":"2026-02-12T08:57:23","guid":{"rendered":"https:\/\/www.tyjzk.com\/?p=164112"},"modified":"2026-02-12T09:00:01","modified_gmt":"2026-02-12T09:00:01","slug":"%e5%8f%ae%e5%92%9a%e4%b9%b0%e8%8f%9c%ef%bc%8c%e6%ad%a5%e5%b1%a5%e4%b8%8d%e5%81%9c","status":"publish","type":"post","link":"https:\/\/www.tyjzk.com\/?p=60087","title":{"rendered":"\u53ee\u549a\u4e70\u83dc\uff0c\u6b65\u5c65\u4e0d\u505c"},"content":{"rendered":"
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\"\"<\/section>\n
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\"\"<\/section>\n

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\"\"<\/section>\n

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\"\"<\/span><\/strong><\/p>\n

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2019\u5e74\uff0c\u53ee\u549a\u8d70\u51fa\u4e0a\u6d77\uff0c\u8fdb\u9a7b\u676d\u5dde\u3001\u82cf\u5dde\u3001\u6df1\u5733\u7b49\u57ce\u5e02\uff0c\u5b8c\u6210\u8de8\u533a\u57df\u7ecf\u8425\u7b2c\u4e00\u6b65\uff1b2020\u5e74\u75ab\u60c5\u50ac\u751f\u751f\u9c9c\u5373\u65f6\u9700\u6c42\uff0c\u53ee\u549a\u501f\u673a\u52a0\u901f\u5f00\u57ce\uff0c\u5c06\u524d\u7f6e\u4ed3\u94fa\u81f3\u5317\u4eac\u3001\u6210\u90fd\u3001\u5e7f\u5dde\u7b49\u8fd130\u4e2a\u57ce\u5e02\uff0c\u5e74\u672b\u4ed3\u70b9\u7a81\u7834850\u4e2a\uff0c\u5168\u5e74GMV\u8fbe130.32\u4ebf\u5143\u3002<\/span><\/span><\/p>\n

2021\u5e746\u6708\uff0c\u53ee\u549a\u4e70\u83dc\u6210\u529f\u767b\u9646\u7ebd\u4ea4\u6240\uff0c\u5e02\u503c\u4e00\u5ea6\u51b2\u9ad8\u81f390.27\u4ebf\u7f8e\u5143\uff0c\u6210\u4e3a\u8d44\u672c\u8ffd\u6367\u7684\u751f\u9c9c\u660e\u661f\u4f01\u4e1a\uff0c\u5f7c\u65f6\u884c\u4e1a\u5171\u8bc6\u4ecd\u662f\u70e7\u94b1\u6362\u89c4\u6a21\u3001\u89c4\u6a21\u6362\u5e02\u573a\u3002<\/span><\/span><\/span><\/p>\n

\"\"<\/section>\n

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2022\u5e74\uff0c\u751f\u9c9c\u7535\u5546\u884c\u4e1a\u8fce\u6765\u6700\u5267\u70c8\u7684\u4e00\u6b21\u6d17\u724c\u3002\u66fe\u7ecf\u7684\u524d\u7f6e\u4ed3\u6807\u6746\u3001\u201c\u751f\u9c9c\u7535\u5546\u7b2c\u4e00\u80a1\u201d\u6bcf\u65e5\u4f18\u9c9c\uff0c\u56e0\u8d44\u91d1\u94fe\u65ad\u88c2\u4e8e2023\u5e7411\u6708\u4ece\u7eb3\u65af\u8fbe\u514b\u9000\u5e02\uff0c\u6210\u4e3a\u884c\u4e1a\u70e7\u94b1\u6a21\u5f0f\u5931\u8d25\u7684\u5178\u578b\u6848\u4f8b\u3002\u800c\u65e9\u65e9\u5b8c\u6210\u6218\u7565\u8f6c\u5411\u7684\u53ee\u549a\uff0c\u6210\u4e3a\u6b64\u6b21\u6d17\u724c\u4e2d\u4e3a\u6570\u4e0d\u591a\u7684\u5e78\u5b58\u8005\uff0c\u4e5f\u66f4\u52a0\u575a\u5b9a\u4e86\u6df1\u8015\u6548\u7387\u3001\u6253\u78e8\u5546\u54c1\u529b\u7684\u53d1\u5c55\u65b9\u5411\u3002<\/span><\/span><\/p>\n

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\"\"<\/section>\n

\u56fe\uff1a\u53ee\u549a\u4e70\u83dc\u4ea7\u5730\u76f4\u91c7<\/span><\/span><\/span><\/p>\n

\u6df1\u8015\u4f9b\u5e94\u94fe\u7684\u6210\u679c\uff0c\u6700\u7ec8\u8f6c\u5316\u4e3a\u5b9e\u6253\u5b9e\u7684\u76c8\u5229\u30022022\u5e74\u7b2c\u56db\u5b63\u5ea6\uff0c\u53ee\u549a\u4e70\u83dc\u5b9e\u73b0Non-GAAP\u53e3\u5f84\u76c8\u5229\uff0c\u6b64\u540e\u6301\u7eed\u4fdd\u6301\u76c8\u5229\u6001\u52bf\uff1b2024\u5e74\uff0c\u53ee\u549a\u4ea4\u51fa230.66\u4ebf\u5143\u8425\u6536\u30013.04\u4ebf\u5143\u51c0\u5229\u6da6\u7684\u7b54\u5377\uff0c\u7b2c\u56db\u5b63\u5ea6\u51c0\u5229\u6da6\u540c\u6bd4\u66b4\u6da86\u500d\u3002<\/span><\/span><\/span><\/p>\n

2025\u5e74\u521d\uff0c\u53ee\u549a\u4e70\u83dc\u63a8\u51fa\u5168\u65b0\u201c4G\u6218\u7565\u201d\uff0c\u6881\u660c\u9716\u5c06\u5176\u603b\u7ed3\u4e3a\u201c\u4e0d\u505a\u6240\u6709\u4eba\u768475\u5206\uff0c\u53ea\u505a\u5c11\u6570\u4eba\u7684120\u5206\u201d\uff0c\u6838\u5fc3\u662f\u653e\u5f03\u666e\u60e0\u5f0f\u6d41\u91cf\u6253\u6cd5\uff0c\u4e13\u6ce8\u54c1\u8d28\u751f\u610f\uff0c\u670d\u52a1\u9ad8\u4ef7\u503c\u5ba2\u7fa4\u3002\u8fd9\u662f\u53ee\u549a\u7684\u7b2c\u4e8c\u6b21\u6218\u7565\u8f6c\u8eab\uff0c\u6210\u6548\u540c\u6837\u663e\u8457\u2014\u2014\u5728\u72ec\u7acb\u751f\u9c9c\u524d\u7f6e\u4ed3\u5934\u90e8\u4f01\u4e1a\u4e2d\uff0c\u53ee\u549a\u6210\u4e3a\u4e3a\u6570\u4e0d\u591a\u80fd\u6301\u7eed\u76c8\u5229\u7684\u73a9\u5bb6\u3002<\/span><\/span><\/span><\/p>\n

\"\"<\/span><\/p>\n

\u56fe\uff1a\u53ee\u549a\u4e70\u83dc\u201c4G\u201d\u6218\u7565<\/span><\/span><\/span><\/p>\n

2025\u5e74\u4e09\u5b63\u5ea6\uff0c\u53ee\u549a\u4e70\u83dc\u8425\u653666.6\u4ebf\u5143\u3001GMV72.7\u4ebf\u5143\uff0c\u4e0d\u4ec5\u8fde\u7eed\u4e03\u4e2a\u5b63\u5ea6\u89c4\u6a21\u540c\u6bd4\u6b63\u589e\u957f\uff0c\u66f4\u5728Non-GAAP\u6807\u51c6\u4e0b\u5b9e\u73b01\u4ebf\u5143\u51c0\u5229\u6da6\u30011.5%\u51c0\u5229\u6da6\u7387\uff0c\u5c06\u8fde\u7eed\u76c8\u5229\u7684\u7eaa\u5f55\u7a33\u7a33\u4fdd\u6301\u81f3\u5341\u4e8c\u4e2a\u5b63\u5ea6\u3002<\/span><\/span><\/span><\/p>\n

\u516b\u5e74\u65f6\u95f4\uff0c\u53ee\u549a\u5c06\u534e\u4e1c\u751f\u9c9c\u751f\u610f\u505a\u6df1\u505a\u900f\uff0c\u78e8\u51fa\u4e86\u65c1\u4eba\u96be\u4ee5\u590d\u5236\u7684\u6838\u5fc3\u80fd\u529b\uff1a\u6781\u81f4\u7684\u5546\u54c1\u529b\u3001\u8d85\u9884\u671f\u7684\u670d\u52a1\u529b\u3001\u4f9b\u5e94\u94fe\u4f53\u7cfb\u6253\u9020\u7684\u6781\u81f4\u6548\u7387\uff0c\u8fd9\u662f\u53ee\u549a\u5b89\u8eab\u7acb\u547d\u7684\u4e09\u5927\u6cd5\u5b9d\u3002<\/span><\/span><\/p>\n

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\"\"<\/span><\/strong><\/p>\n

\u4e00\u573a\u201c\u4f18\u52bf\u4e92\u8865\u201d\u7684\u6218\u7565\u8054\u59fb<\/span><\/span><\/strong><\/h4>\n

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\u96f6\u552e\u884c\u4e1a\u7684\u5e76\u8d2d\uff0c\u59cb\u7ec8\u9075\u5faa\u4e09\u5927\u6838\u5fc3\u903b\u8f91\uff1a\u8fdb\u9a7b\u65b0\u5e02\u573a\u3001\u62ff\u4e0b\u77ed\u671f\u96be\u4ee5\u8d85\u8d8a\u7684\u6838\u5fc3\u8d44\u4ea7\u3001\u6574\u5408\u8d44\u6e90\u6280\u672f\u5e94\u5bf9\u7ade\u4e89\uff0c\u7f8e\u56e2\u6536\u8d2d\u53ee\u549a\u6070\u597d\u4e09\u8005\u517c\u5177\u3002<\/span><\/span><\/p>\n

\u7f8e\u56e2\u5728\u516c\u544a\u4e2d\u91cd\u70b9\u63d0\u53ca\u53ee\u549a\u7684\u7528\u6237\u89c4\u6a21\u3001\u4f9b\u5e94\u94fe\u80fd\u529b\u53ca\u5168\u56fd\u751f\u9c9c\u4ea7\u5730\u76f4\u91c7\u6a21\u5f0f\uff0c\u5bf9\u7f8e\u56e2\u7684\u5373\u65f6\u96f6\u552e\u7248\u56fe\u800c\u8a00\uff0c\u53ee\u549a\u6b63\u662f\u8865\u9f50\u5176\u751f\u9c9c\u77ed\u677f\u7684\u5173\u952e\u62fc\u56fe\u3002\u52a0\u4e4b\u5c0f\u8c61\u8d85\u5e02\u4e0e\u53ee\u549a\u4e70\u83dc\u540c\u5c5e\u81ea\u8425\u524d\u7f6e\u4ed3\u6a21\u5f0f\uff0c\u7ec4\u7ec7\u7ed3\u6784\u548c\u4e1a\u52a1\u6d41\u7a0b\u9ad8\u5ea6\u76f8\u4f3c\uff0c\u878d\u5408\u96be\u5ea6\u4f4e\uff0c\u66f4\u80fd\u5728\u7269\u6d41\u3001\u4ed3\u50a8\u3001\u524d\u7f6e\u4ed3\u7b49\u57fa\u7840\u8bbe\u65bd\u4e0a\u5f62\u6210\u4e92\u8865\uff0c\u63d0\u5347\u96c6\u7ea6\u6548\u7387\u3002<\/span><\/span><\/p>\n

\u53ee\u549a\u5728\u5168\u56fd\u5e03\u5c40\u8d851000\u4e2a\u524d\u7f6e\u4ed3\uff0c\u534e\u4e1c\u533a\u57df\u4ed3\u7f51\u5bc6\u5ea6\u4f4d\u5c45\u884c\u4e1a\u9996\u4f4d\uff0c\u516b\u5e74\u5b9e\u6218\u8ba9\u8fd9\u5957\u4ed3\u7f51\u7684\u7ba1\u7406\u3001\u5206\u62e3\u3001\u914d\u9001\u4f53\u7cfb\u6108\u53d1\u6210\u719f\uff1b\u7f8e\u56e2\u5219\u624b\u63e1\u5168\u56fd\u6027\u914d\u9001\u7f51\u7edc\u3001\u6d77\u91cf\u7528\u6237\u6d41\u91cf\u53ca\u5206\u5e03\u5404\u5730\u7684\u533a\u57df\u5927\u4ed3\u8d44\u6e90\u3002<\/span><\/span><\/p>\n

\"\"<\/section>\n

\u56fe\uff1a\u53ee\u549a\u4e70\u83dc\u4ed3\u70b9<\/span><\/span><\/span><\/p>\n

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\u4ed3\u7f51\u6574\u5408\u7684\u4ef7\u503c\uff0c\u8fdc\u4e0d\u6b62\u4e8e\u6570\u91cf\u53e0\u52a0\uff0c\u66f4\u5728\u4e8e\u901a\u8fc7\u8d44\u6e90\u590d\u7528\u5b9e\u73b0\u6548\u7387\u6700\u5927\u5316\uff0c\u53cc\u65b9\u5728\u4f9b\u5e94\u94fe\u4e0a\u4e0b\u6e38\u7684\u5e03\u5c40\u53ef\u5f62\u6210\u5408\u529b\uff0c\u5feb\u901f\u5728\u591a\u533a\u57df\u642d\u5efa\u4f18\u8d28\u5546\u54c1\u4f9b\u7ed9\u4f53\u7cfb\u3002\u5546\u54c1\u7aef\uff0c\u4f9d\u6258\u53ee\u549a\u4e0a\u6e38\u4ea7\u5730\u7684\u957f\u671f\u6df1\u8015\u4f18\u52bf\uff0c\u53cc\u65b9\u8054\u5408\u540e\u91c7\u8d2d\u89c4\u6a21\u6269\u5927\uff0c\u5bf9\u4e0a\u6e38\u4ea7\u5730\u7684\u8bae\u4ef7\u80fd\u529b\u540c\u6b65\u63d0\u5347\uff0c\u66f4\u591a\u5730\u65b9\u7279\u8272\u519c\u4ea7\u54c1\u80fd\u501f\u52a9\u6210\u719f\u4ed3\u7f51\u5b9e\u73b0\u5168\u56fd\u89e6\u8fbe\uff0c\u5c65\u7ea6\u6548\u7387\u4e0e\u6210\u672c\u63a7\u5236\u4e5f\u5f97\u5230\u5b9e\u8d28\u63d0\u5347\u3002<\/span><\/span><\/p>\n

\u540c\u65f6\uff0c\u53cc\u65b9\u534f\u540c\u8fd8\u80fd\u63a8\u52a8\u4e0a\u6e38\u519c\u4e1a\u6807\u51c6\u5316\u5347\u7ea7\u3002\u6bd4\u5982\uff0c\u53ee\u549a\u7684\u6c34\u4ea7\u517b\u6b96\u7ecf\u9a8c\u53ef\u5411\u591a\u4ea7\u533a\u590d\u5236\uff0c\u52a9\u529b\u89c4\u8303\u517b\u6b96\u4f53\u7cfb\u3001\u6539\u5584\u54c1\u8d28\u4e0d\u5747\u95ee\u9898\uff1b\u5176\u8089\u7c7b\u6eaf\u6e90\u4f53\u7cfb\u7684\u5347\u7ea7\uff0c\u4e5f\u80fd\u5e26\u52a8\u98df\u54c1\u884c\u4e1a\u5b89\u5168\u6807\u51c6\u6574\u4f53\u63d0\u5347\uff0c\u6700\u7ec8\u8ba9\u6d88\u8d39\u8005\u4eab\u53d7\u5230\u66f4\u7a33\u5b9a\u3001\u66f4\u5b89\u5fc3\u7684\u751f\u9c9c\u5546\u54c1\u3002<\/span><\/span><\/p>\n

\u6280\u672f\u5c42\u9762\u7684\u878d\u5408\uff0c\u66f4\u80fd\u8fdb\u4e00\u6b65\u63d0\u5347\u8fd0\u8425\u6548\u7387\u3002\u7f8e\u56e2\u5728AI\u7b97\u6cd5\u3001\u6570\u5b57\u5316\u4e2d\u53f0\u7684\u957f\u671f\u79ef\u7d2f\uff0c\u7ed3\u5408\u53ee\u549a\u7684\u54c1\u63a7\u4f53\u7cfb\u4e0e\u524d\u7f6e\u4ed3\u8fd0\u8425\u6570\u636e\uff0c\u80fd\u5b9e\u73b01+1>2\u7684\u534f\u540c\u6548\u679c\uff1aAI\u7b97\u6cd5\u7cbe\u51c6\u9884\u6d4b\u91c7\u8d2d\u91cf\uff0c\u51cf\u5c11\u5e93\u5b58\u79ef\u538b\u4e0e\u635f\u8017\uff1b\u6570\u636e\u6a21\u578b\u9884\u5224\u98df\u6750\u65b0\u9c9c\u5ea6\uff0c\u5f3a\u5316\u98df\u54c1\u5b89\u5168\u7ba1\u63a7\uff1b\u6570\u5b57\u5316\u4e2d\u53f0\u5b9e\u73b0\u7528\u6237\u9700\u6c42\u4e0e\u5546\u54c1\u4f9b\u7ed9\u7684\u7cbe\u51c6\u5339\u914d\uff0c\u8fd9\u5957\u6a21\u5f0f\u4e5f\u4e3a\u5373\u65f6\u96f6\u552e\u884c\u4e1a\u63d0\u4f9b\u4e86\u6280\u672f\u8d4b\u80fd\u6837\u672c\u3002<\/span><\/span><\/p>\n

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\"\"<\/span><\/strong><\/p>\n

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\"\"<\/section>\n

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<\/span><\/span><\/span><\/p>\n

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