Press Release: Dingdong (Cayman) Limited Announces Third Quarter 2024 Financial Results

Dow Jones11-06

                            For the three months ended 
                             September 30, 
                               2023       2024      2024 
                               RMB         RMB       US$ 
                                     (Unaudited) 
 
Fulfillment expenses             5,335      4,707      671 
Sales and marketing 
 expenses                          332      1,057      151 
Product development 
 expenses                        6,881     13,288    1,893 
General and 
 administrative 
 expenses                          858      9,158    1,305 
                            ----------  ---------  ------- 
 
Total                           13,406     28,210    4,020 
                            ==========  =========  =======

View original content:https://www.prnewswire.com/news-releases/dingdong-cayman-limited-announces-third-quarter-2024-financial-results-302297367.html

SOURCE Dingdong (Cayman) Limited

/CONTACT: Dingdong Fresh, ir@100.me

(END) Dow Jones Newswires

November 06, 2024 05:00 ET (10:00 GMT)

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Dingdong (Cayman) Limited Announces Third Quarter 2024 Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-06 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For the three months ended \n                             September 30, \n                               2023       2024      2024 \n                               RMB         RMB       US$ \n            ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4113","symbol_name":"食品零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481620099","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481620099","pubTimestamp":1730887200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"SHANGHAI, Nov. 6, 2024 /PRNewswire/ -- Dingdong  Limited  , a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended September 30, 2024.-- GMV for the third quarter of 2024 increased by 28.3% year over year to. growth in scale for the third quarter of 2024. GMV for the third quarter. of 2024 increased on a year-over-year basis for three straight quarters,year over year to RMB161.6 million , the eighth. was RMB397.6 million , the fifth consecutive quarter of. Mr. Song Wang, Chief Financial Officer of Dingdong, stated, \"In the third quarter of 2024, we generated revenue of RMB6.54 billion, a year-over-year increase of 27.2%. This significant growth also allowed us to achieve a new historic high in profitability with a non-GAAP net profit of RMB162 million, over nine times higher than the same period last year. 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