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      <title>智谱开天猫旗舰店，都卖给谁了？</title>
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      <description>智谱开天猫旗舰店，都卖给谁了？ 智谱将Token摆上天猫货架，以118元/月的价格售卖GLM Coding Plan，看似零售实验，实则为API业务打广告并回应资本市场。本文从收入结构切换、ARR增长与成本竞争角度，剖析智谱在Token经济终局中的战略布局与盈利焦虑。 天猫货架上的GLM Coding Plan 智谱在</description>
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