从收入端看，2025Q2，拼多多录得总营收1040亿元人民币，同比增长7%，收入增速连续两个季度下滑，但本季度表现基本与市场预期一致。 8月25日美股盘前，拼多多发布了2025年第二季度的财务报告。 财报显示，25Q2，拼多多实现营收1040亿元，同比下滑7%；同期Non-GAAP归母净利润327亿元，同比下滑5%。整体来看，本季度拼多多营收和利润依 然维持了下滑趋势。 | | | For the three months ended June 30, | | | For the six months ended June 30, | | | --- | --- | --- | --- | --- | --- | --- | | | 2024 | 2025 | | 2024 | 2025 | | | | RMB | RMB | US$ | RMB | RMB | 551 | | | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | | Revenues | 97,059,531 | 103,9 ...