Dingdong rings up strong end to 2024, but warns of turbulence ahead
The company reported a fourth consecutive profit in last year’s fourth quarter, while noting that competition in 2025 will be ‘more intense’ Key Takeaways: Dingdong’s revenue rose 18.3% in the…
After years of shopping around, Dingdong bags formula for profits
The online grocer reported its third consecutive quarterly profit in the three months to September, and now boasts profit margins similar to Walmart and Kroger Key Takeaways: Dingdong’s revenue rose…
Retailing pioneer adds reinvented MDL Wholesale to IPO shopping list
The provider of wholesaling services for retailers has filed to list in Hong Kong, but its heavy reliance on parent company Wumart Group has left it with low gross margins…
Dingdong rings back to revenue growth, posts quarterly net profit
China’s leading online grocer’s return to growth in the first quarter follows an overhaul that saw it withdraw from smaller markets to focus on larger cities Key Takeaways: Dingdong’s revenue…
NEWS WRAP: Dingdong records first annual non-GAAP profit as revenue shrinks
The Shanghai-based online grocer’s revenue fell nearly 20% in the fourth quarter as it focused on its most profitable markets By Teri Yu Shanghai-based online grocer Dingdong (Cayman) Limited (DDL.US) last Thursday reported it…
CHINA BULLETIN: Yuan on the Comeback Trail
In this week’s issue the yuan bounces back, a lifeline for developers and a livestreamer confirms its CEO’s arrest. On a scale of 1 to 100, we give the week…
Dingdong rings up more profits as revenue sags
The online grocer’s revenue fell in the third quarter, as it continued to report profits in China’s fiercely competitive food delivery sector Key Takeaways: Dingdong’s revenue decreased about 14% year-on-year…
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