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…
Dingdong Slows Down Spending, Dangles Prospect of Profits
Leading online grocer’s new focus on cost controls helped it pare its losses in the fourth quarter Key Takeaways: Dingdong’s revenue growth slowed to 72% in the fourth quarter, down…
Missfresh Tries to Tempt Investors with Value-Added Offerings
Recent announcements show online grocer is adding higher-margin products and services to its lineup like ready-to-cook meals and prepackaged seasoning blends Key takeaways: • Missfresh has launched a series of…