美团暴跌，平台的GMV抽成逻辑被破坏了吗？

美股择菜谋士

2月18日，据国家发改委网站，国家发展改革委等部门印发《关于促进服务业领域困难行业恢复发展的若干政策》的通知。其中指出，引导外卖等互联网平台企业进一步下调餐饮业商户服务费标准，降低相关餐饮企业经营成本。引导互联网平台企业对疫情中高风险地区所在的县级行政区域内的餐饮企业，给予阶段性商户服务费优惠。

该消息发出来以后引发市场恐慌，尤其是美团$美团-W(03690)$ 直线跳水，如果GMV的抽成比例（take rate）的比例不能再上调，甚至以后要长周期下行，电商与外卖的GMV逻辑是不是就到头了？

如果以后抽成比例的监管是长周期的，国内的外卖、电商等流量逻辑的互联网经济体，可能还会受到继续的冲击，业务的逻辑又要重新去架构了，当下的互联网，本来以为监管到头了，能迎来反弹了，又要迎来一阵子的信心低迷了，太难了。

$腾讯控股(00700)$ $京东集团-SW(09618)$

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

一笑波大
2022-02-18
一笑波大
一刀切特色
- 美股择菜谋士:
  看破不说破
抄底反弹
2022-02-18
抄底反弹
抽成比例调整为多少有具体的数值吗？出来了没有
- 美股择菜谋士:
  并没有，所以才恐慌，但是如果开了一个口子，大家会怕以后就这样了
美易添科技
2022-02-18
美易添科技
支持这样的，那样会让平台经济行业更合理发展！
- 美股择菜谋士:
  鼓励市场化竞争，可以设置边界，但是不能太把手伸得太长
下班炒美元
2022-02-18
下班炒美元
平台型公司就应该是微利的
- 美股择菜谋士:
  国内的平台公司抽成比例其实相比欧美已经很克制了
清莹2012
2022-02-18
清莹2012
都一样的，只是还没轮到而已
- 美股择菜谋士:
  该来的，始终会来
MetaDance
2022-02-18
MetaDance
这下美团好看了
- 美股择菜谋士:
  真的是如果管控提成比例，短期压力很大的

发表看法

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平台型公司就应该是微利的 ","text":"平台型公司就应该是微利的 ","html":"平台型公司就应该是微利的 ","likeSize":1,"commentSize":1,"subComments":[{"id":7253753,"commentId":"7253753","gmtCreate":1645244757576,"gmtModify":1645244757576,"authorId":4095039866373700,"author":{"id":4095039866373700,"idStr":"4095039866373700","authorId":4095039866373700,"name":"美股择菜谋士","avatar":"https://static.tigerbbs.com/404d5e88d79ae54e02ec5fc3f47dd71d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":638836751,"objectIdStr":"638836751","type":1,"supId":7252484,"supIdStr":"7252484","prevId":0,"prevIdStr":"0","content":"国内的平台公司抽成比例其实相比欧美已经很克制了","text":"国内的平台公司抽成比例其实相比欧美已经很克制了","html":"国内的平台公司抽成比例其实相比欧美已经很克制了"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":7252258,"commentId":"7252258","gmtCreate":1645172098510,"gmtModify":1645172098510,"authorId":4090511164950520,"author":{"id":4090511164950520,"idStr":"4090511164950520","authorId":4090511164950520,"name":"清莹2012","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":638836751,"objectIdStr":"638836751","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"都一样的，只是还没轮到而已","text":"都一样的，只是还没轮到而已","html":"都一样的，只是还没轮到而已","likeSize":1,"commentSize":1,"subComments":[{"id":7253748,"commentId":"7253748","gmtCreate":1645244682434,"gmtModify":1645244682434,"authorId":4095039866373700,"author":{"id":4095039866373700,"idStr":"4095039866373700","authorId":4095039866373700,"name":"美股择菜谋士","avatar":"https://static.tigerbbs.com/404d5e88d79ae54e02ec5fc3f47dd71d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":638836751,"objectIdStr":"638836751","type":1,"supId":7252258,"supIdStr":"7252258","prevId":0,"prevIdStr":"0","content":"该来的，始终会来","text":"该来的，始终会来","html":"该来的，始终会来"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":7252151,"commentId":"7252151","gmtCreate":1645169459038,"gmtModify":1645169459038,"authorId":3556427943836124,"author":{"id":3556427943836124,"idStr":"3556427943836124","authorId":3556427943836124,"name":"MetaDance","avatar":"https://static.tigerbbs.com/f4255b4b16c1fcb8f5ac2d5a2d7a1400","vip":1,"currentWearingBadge":{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":638836751,"objectIdStr":"638836751","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"这下美团好看了","text":"这下美团好看了","html":"这下美团好看了","likeSize":1,"commentSize":1,"subComments":[{"id":7253747,"commentId":"7253747","gmtCreate":1645244664382,"gmtModify":1645244664382,"authorId":4095039866373700,"author":{"id":4095039866373700,"idStr":"4095039866373700","authorId":4095039866373700,"name":"美股择菜谋士","avatar":"https://static.tigerbbs.com/404d5e88d79ae54e02ec5fc3f47dd71d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":638836751,"objectIdStr":"638836751","type":1,"supId":7252151,"supIdStr":"7252151","prevId":0,"prevIdStr":"0","content":"真的是如果管控提成比例，短期压力很大的","text":"真的是如果管控提成比例，短期压力很大的","html":"真的是如果管控提成比例，短期压力很大的"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/638836751"}