{"id":583341,"date":"2025-07-15T19:19:04","date_gmt":"2025-07-16T02:19:04","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/07\/%e8%bf%99%e5%8f%aaai%e8%82%a1%e7%a5%a8%e5%85%a5%e5%88%97%e6%a0%87%e6%99%ae500%e6%8c%87%e6%95%b0%ef%bc%8c%e6%9a%b4%e6%b6%a82410%e4%bb%8d%e8%a2%ab%e5%8d%8e%e5%b0%94%e8%a1%97%e7%9c%8b%e5%a5%bd\/"},"modified":"2025-07-15T19:19:52","modified_gmt":"2025-07-16T02:19:52","slug":"%e9%80%99%e5%8f%aaai%e8%82%a1%e7%a5%a8%e5%85%a5%e5%88%97%e6%a8%99%e6%99%ae500%e6%8c%87%e6%95%b8%ef%bc%8c%e6%9a%b4%e6%bc%b22410%e4%bb%8d%e8%a2%ab%e8%8f%af%e7%88%be%e8%a1%97%e7%9c%8b%e5%a5%bd","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/07\/%e9%80%99%e5%8f%aaai%e8%82%a1%e7%a5%a8%e5%85%a5%e5%88%97%e6%a8%99%e6%99%ae500%e6%8c%87%e6%95%b8%ef%bc%8c%e6%9a%b4%e6%bc%b22410%e4%bb%8d%e8%a2%ab%e8%8f%af%e7%88%be%e8%a1%97%e7%9c%8b%e5%a5%bd\/","title":{"rendered":"\u9019\u53eaAI\u80a1\u7968\u5165\u5217\u6a19\u666e500\u6307\u6578\uff0c\u66b4\u6f322410%\u4ecd\u88ab\u83ef\u723e\u8857\u770b\u597d"},"content":{"rendered":"<p>\u7a0b\u5e8f\u5316\u5ee3\u544a\u5e73\u81fa<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=TTD\">The Trade Desk\uff08TTD\uff09<\/a>\u5c07\u65bc7\u670818\u65e5\u6b63\u5f0f\u7d0d\u5165\u6a19\u666e500\u6307\u6578\uff0c\u6210\u70ba2025\u5e74\u8fc4\u4eca\u7b2c\u516d\u5bb6\u65b0\u6649\u6210\u5206\u80a1\u3002\u8a72\u516c\u53f82016\u5e74\u4e0a\u5e02\u4ee5\u4f86\u80a1\u50f9\u98c6\u53472410%\uff0c\u5927\u5e45\u8dd1\u8d0f\u6a19\u666e500\u6307\u6578\u540c\u671f190%\u7684\u6f32\u5e45\u3002\u5118\u7ba1\u4f30\u503c\u4e0d\u83f2\uff0c\u83ef\u723e\u8857\u5206\u6790\u5e2b\u4ecd\u666e\u904d\u770b\u597d\u9019\u53eaAI\u80a1\u7968\u7684\u589e\u9577\u524d\u666f\u3002<\/p>\n<p>\u6191\u85c9\u985b\u8986\u6027\u6280\u8853\u5e73\u81fa\uff0c\u6301\u7e8c\u7684\u76c8\u5229\u80fd\u529b\u53ca\u6a19\u666e500\u6307\u6578\u7684\u6b0a\u5a01\u80cc\u66f8\uff0cThe Trade Desk\u5728\u83ef\u723e\u8857\u773c\u4e2d\u4ecd\u662f\u6578\u5b57\u5ee3\u544a\u6d6a\u6f6e\u4e2d\u7684\u6838\u5fc3\u6295\u8cc7\u6a19\u7684\u3002\u8a72\u516c\u53f8\u4ee5\u5275\u65b0\u6253\u7834Meta\u8207\u7a40\u6b4c\u7684\u201c\u570d\u7246\u82b1\u5712&#8221;\u58df\u65b7\u7684\u8def\u5f91\uff0c\u6216\u5c07\u7e7c\u7e8c\u66f8\u5beb\u589e\u9577\u50b3\u5947\u3002<\/p>\n<h2>\u6a19\u666e\u65b0\u8cb4\uff1a\u4e5d\u5e742410%\u7684\u8cc7\u672c\u795e\u8a71<\/h2>\n<p>\u5165\u9078\u6a19\u666e500\u6307\u6578\u9700\u6eff\u8db3\u56b4\u683c\u7684\u6a19\u6e96\uff0c\u5305\u62ec\u516c\u53f8\u5fc5\u9808\u5728\u7f8e\u570b\u8a3b\u518a\uff0c\u5e02\u503c\u81f3\u5c11\u9054205\u5104\u7f8e\u5143\uff0c\u5177\u5099\u9ad8\u6d41\u52d5\u6027\uff0c\u516c\u773e\u6d41\u901a\u80a1\u6bd4\u4f8b\u4e0d\u4f4e\u65bc50%\uff0c\u6700\u8fd1\u4e00\u500b\u5b63\u5ea6\u4f9d\u64da\u901a\u7528\u6703\u8a08\u6e96\u5247\uff08GAAP\uff09\u5be6\u73fe\u76c8\u5229\uff0c\u4e14\u904e\u53bb\u56db\u500b\u5b63\u5ea6\u5408\u8a08\u5be6\u73fe\u76c8\u5229\u3002<\/p>\n<p>2016\u5e74\u672b\u9996\u6b21\u516c\u958b\u52df\u80a1\uff08IPO\uff09\u4ee5\u4f86\uff0cThe Trade Desk\u7684\u8868\u73fe\u4ee4\u4eba\u77da\u76ee\u3002\u622a\u81f3\u672c\u9031\u4e00\u6536\u76e4\uff0c\u8a72\u80a1\u80a1\u50f9\u7d2f\u8a08\u98c6\u53472410%\uff0c\u9060\u8d85\u540c\u671f\u6a19\u666e500\u6307\u6578190%\u7684\u6f32\u5e45\u3002\u9019\u4e00\u9a5a\u4eba\u56de\u5831\u80cc\u5f8c\u662f\u5805\u5be6\u7684\u696d\u7e3e\u652f\u6490\uff1a\u516c\u53f8\u71df\u6536\u589e\u9577\u4e861930%\uff0c\u6de8\u5229\u6f64\u8e8d\u5347\u4e86567%\u3002<\/p>\n<p>\u4e0d\u904e\uff0c\u8a31\u591a\u4eba\u8a8d\u70baThe Trade Desk\u7684\u672a\u4f86\u6703\u66f4\u52a0\u7f8e\u597d\u3002\u8a72\u516c\u53f8\u88ab\u8b7d\u70ba\u4e00\u6d41\u7684\u7a0b\u5e8f\u5316\u5ee3\u544a\u5e73\u81fa\uff0c\u6210\u529f\u5f88\u5927\u7a0b\u5ea6\u4e0a\u6b78\u529f\u65bc\u6b63\u5728\u767c\u751f\u7684\u5ee3\u544a\u696d\u7bc4\u5f0f\u8f49\u8b8a\u3002\u5728\u9996\u5e2d\u57f7\u884c\u5b98Jeff Green\u7684\u9818\u5c0e\u4e0b\uff0c\u8a72\u516c\u53f8\u65e8\u5728\u9769\u65b0\u7a0b\u5e8f\u5316\u5ee3\u544a\u4e26\u5efa\u7acb\u4e86\u5168\u7403\u6700\u5927\u7684\u7368\u7acb\u5ee3\u544a\u8cb7\u65b9\u5e73\u81fa\uff0c\u7d93\u71df\u7b56\u7565\u4e0a\u9078\u64c7\u8207\u5927\u578b\u5ee3\u544a\u4ee3\u7406\u5546\u5408\u4f5c\u800c\u975e\u7af6\u722d\u3002<\/p>\n<p>\u516c\u53f8\u958b\u767c\u7684\u7d71\u4e00\u8eab\u4efd\u8b58\u5225\u89e3\u6c7a\u65b9\u6848UID 2.0\u5df2\u6210\u70ba\u884c\u696d\u6a19\u6e96\uff0c\u88ab\u8996\u70ba\u7b2c\u4e09\u65b9Cookie\uff08\u7528\u65bc\u8ddf\u8e64\u7528\u6236\u4e0a\u7db2\u884c\u70ba\u7684\u4ee3\u78bc\uff09\u7684\u66ff\u4ee3\u8005\u3002UID 2.0\u5229\u7528\u52a0\u5bc6\u7684\u6d88\u8cbb\u8005\u6578\u64da\u4f86\u5b9a\u4f4d\u5ee3\u544a\u548c\u8861\u91cf\u5ee3\u544a\u6d3b\u52d5\u6548\u679c\uff0c\u5728\u4fdd\u969c\u7528\u6236\u6578\u64da\u5b89\u5168\u7684\u540c\u6642\u52a9\u529b\u5ee3\u544a\u4e3b\u6210\u529f\u3002\u8fd1\u671f\uff0c\u516c\u53f8\u63a8\u51fa\u5c16\u7aef\u5e73\u81faKokai\uff0c\u64da\u7a31\u8a72\u5e73\u81fa\u5c07\u4eba\u5de5\u667a\u80fd\u7684\u5168\u90e8\u529b\u91cf\u5e36\u5165\u6578\u5b57\u71df\u92b7\u9818\u57df\uff0c\u6bcf\u79d2\u53ef\u8655\u74061300\u842c\u6b21\u5ee3\u544a\u66dd\u5149\uff0c\u78ba\u4fdd\u5ee3\u544a\u4e3b\u5728\u6700\u4f73\u6642\u6a5f\u5411\u5408\u9069\u7684\u53d7\u773e\u5c55\u793a\u6070\u7576\u7684\u5ee3\u544a\u3002<\/p>\n<p>\u6700\u65b0\u7684\u8ca1\u52d9\u6578\u64da\u4e5f\u63cf\u7e6a\u4e86\u7a4d\u6975\u7684\u5716\u666f\u3002\u4eca\u5e74\u7b2c\u4e00\u5b63\u5ea6\uff0cThe Trade Desk\u7684\u71df\u6536\u90546.16\u5104\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957725%\uff1b\u8abf\u6574\u5f8c\u6bcf\u80a1\u6536\u76ca0.10\u7f8e\u5143\uff0c\u589e\u957727%\u3002\u516c\u53f82013\u5e74\u4ee5\u4f86\u6301\u7e8c\u76c8\u5229\u4e26\u64c1\u6709\u6975\u5176\u7a69\u5065\u7684\u8cc7\u7522\u8ca0\u50b5\u8868\uff0c\u6301\u6709\u8d85\u904e17.4\u5104\u7f8e\u5143\u7684\u73fe\u91d1\u53ca\u53ef\u8b8a\u73fe\u8b49\u5238\u4e14\u6c92\u6709\u8ca0\u50b5\u3002<\/p>\n<h2>\u83ef\u723e\u8857\u5805\u5b9a\u770b\u597d<\/h2>\n<p>\u5118\u7ba1\u53bb\u5e74\u672b\u51fa\u73fe\u77ed\u66ab\u6ce2\u6298\uff0c\u4e0d\u904e\u8abf\u7814\u8a72\u80a1\u7684\u5206\u6790\u5e2b\u4e2d\uff0c\u770b\u6f32\u60c5\u7dd2\u4f9d\u7136\u4f54\u64da\u4e3b\u5c0e\u3002\u63d0\u4f9b\u8a55\u7d1a\u768440\u4f4d\u5206\u6790\u5e2b\u4e2d\uff0c\u670927\u4f4d\u7d66\u4e88\u201c\u8cb7\u5165\u201d\u6216\u201c\u5f37\u529b\u8cb7\u5165\u201d\u8a55\u7d1a\uff0c\u7121\u4e00\u4eba\u5efa\u8b70\u201c\u8ce3\u51fa\u201d\u3002\u5176\u4e2dSusquehanna\u7684\u5206\u6790\u5e2b\u6700\u70ba\u6a02\u89c0\uff0c\u7dad\u6301\u201c\u8cb7\u5165\u201d\u8a55\u7d1a\uff0c\u76ee\u6a19\u50f9\u5b9a\u70ba135\u7f8e\u5143\uff0c\u9019\u610f\u5473\u8457\u8f03\u672c\u9031\u4e00\u6536\u76e4\u50f9\u5b58\u572879%\u7684\u6f5b\u5728\u4e0a\u6f32\u7a7a\u9593\u3002<\/p>\n<p>\u7576\u524d\uff0cThe Trade Desk\u7684\u80a1\u50f9\u5c0d\u61c9\u660e\u5e74\u9810\u671f\u5e02\u76c8\u7387\u7d04\u70ba34\u500d\uff0c\u5e02\u92b7\u7387\u7d04\u70ba11\u500d\u3002\u96d6\u7136\u9019\u7121\u7591\u5b58\u5728\u6ea2\u50f9\uff0c\u4f46\u5f37\u52c1\u7684\u589e\u9577\u6b77\u53f2\u652f\u6490\u4e86\u9019\u4e00\u4f30\u503c\u3002\u6b64\u5916\uff0c\u5e38\u7528\u7684\u4f30\u503c\u6307\u6a19\u5728\u8861\u91cf\u9ad8\u6210\u9577\u516c\u53f8\u6642\u5f80\u5f80\u5b58\u5728\u5c40\u9650\uff0c\u800cThe Trade Desk\u6b63\u5c6c\uffff\u6b64\u985e\u516c\u53f8\u3002\u82e5\u63a1\u7528\u66f4\u4f55\u6642\u7684\u5e02\u76c8\u589e\u9577\u76f8\u5c0d\u6bd4\u7387\uff08PEG\uff09\uff0c\u9019\u4e00\u6bd4\u503c\u50c5\u70ba0.87\uff08\u901a\u5e38\u4f4e\u65bc1\u88ab\u8996\u70ba\u80a1\u7968\u4f30\u503c\u504f\u4f4e\uff09\u3002<\/p>\n<p>\u57fa\u65bc\u9577\u671f\u7684\u6210\u529f\u8a18\u9304\uff0c\u6280\u8853\u512a\u52e2\u4ee5\u53ca\u83ef\u723e\u8857\u7684\u652f\u6301\uff0cThe Trade Desk\u7576\u524d\u4ecd\u662f\u4e00\u500b\u503c\u5f97\u8cb7\u5165\u7684\u9078\u64c7\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7a0b\u5e8f\u5316\u5ee3\u544a\u5e73\u81faThe Trade Desk\uff08TTD\uff09\u5c07\u65bc7\u670818\u65e5\u6b63\u5f0f\u7d0d\u5165\u6a19\u666e500\u6307\u6578\uff0c\u6210\u70ba2025\u5e74\u8fc4\u4eca\u7b2c [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":559946,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[2156,1677,2001,2138],"class_list":["post-583341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","tag-2156","tag-technology-zh-hant","tag--zh-hant","tag-2138","sectors-technology-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/583341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=583341"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/583341\/revisions"}],"predecessor-version":[{"id":583344,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/583341\/revisions\/583344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/559946"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=583341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=583341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=583341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}