????:1?????????:????????

2?????VX??

3????????????

4??????????

5???????

2????4?,????(?“??”)?,???????2025????2?????????12????????????????????????,2024?,??????GMV(??)??????????166??????,??2023??????????20.4%?

?????,??????????????,???????????,??,?????????????????????????????,??2024?9?????30?????,?9778??????2023?,??37.6??,????20.2%?

???,??????????????????

????????,????????????2023?,??78.8%??????????????,??????2024??9?30???,?80%?

????????????,??????2024????????????????9?30?????????????????????,??17??????????,???????????????????????????,?????????

??????????????????,???????GMV??2018???????????252????????2023?960?,???30.7%????????????????????????????MobTech???????????«2024????????»??,??,???????????????2028?5000????????????,????,?????????????????

??????????,?????????????,???????????,?????????????

??????,?,??????????????2023??????GMV????,?????22%??????????????????????2023???,??38.3%,??????25%?????????????????2024????????????9?30?,??????40%?

???????????37.6?????,?????

?,???“????”????????????

???????????????????????????????,????,??????????????????????,?,????????????????????????

???????????????????,?,??,??2024????????3??29???????“0??”??????????????,?????????,?????????????,??3??????????????????????????????????,???3????????????,?4??,???????,????????,????????“?”“????”???????

??????,????????,?????????????????????????????????????????????,?????????????????,???

?????????????,?2024???????????9?30??,????????????????130??????????????,???????????????,??????????????,??????????????,????????????????,???????????????????????????????????????????????????????????,???????

????????????,2023?????,?37.6?????????????????,???????????????20.2%,??????????15%??????????????

???????,??????????????2024???????????9?30???,???,?????????????????2.9??,71%?????????????????

??????,????

????????,?????????,??

???????????????,??????????????,??????????2024?9??30???,??1.35?????,?????????4300???2023????53%,?30%???

???????????,??????????????,???????????????,2021???2022?2023??,?1.5%?2.1%??2.6%?

????,???,????2023??????????12??????31??,?,?????????????????????????????????????????,????????????2023?,??40???????????????,?????????

????????????????????????2024?????9?30?????????????,????22??,?????22?,?6???????????76%??150????,?????????????????97%???????

????????,?????,????????,??????????,2023?2024?,???????????????????????????????130??85????????????????

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