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

Dow Jones

2024-11-06

                            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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charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Press Release: Dingdong (Cayman) Limited Announces Third Quarter 2024 Financial Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-06 18:00</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n                            For the three months ended \n                             September 30, \n                               2023       2024      2024 \n                               RMB         RMB       US$ \n                                     (Unaudited) \n \nFulfillment expenses             5,335      4,707      671 \nSales and marketing \n expenses                          332      1,057      151 \nProduct development \n expenses                        6,881     13,288    1,893 \nGeneral and \n administrative \n expenses                          858      9,158    1,305 \n                            ----------  ---------  ------- \n \nTotal                           13,406     28,210    4,020 \n                            ==========  =========  ======= \n \n</pre>\n<p>\n      View original content:https://www.prnewswire.com/news-releases/dingdong-cayman-limited-announces-third-quarter-2024-financial-results-302297367.html \n</p>\n<p>\n     SOURCE Dingdong (Cayman) Limited \n</p>\n<p>\n       /CONTACT: Dingdong Fresh, ir@100.me \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 06, 2024 05:00 ET (10:00 GMT)\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","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. Non-GAAP net profit margin was 2.5%, an increase of 2.2 percentage points","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","BK4113":"食品零售","BK4551":"寇图资本持仓","DDL":"叮咚买菜"},"translate_title":"新闻稿：叮咚（开曼）有限公司公布2024年第三季度财务业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DDL":1},"content_text":"For the three months ended \n                             September 30, \n                               2023       2024      2024 \n                               RMB         RMB       US$ \n                                     (Unaudited) \n \nFulfillment expenses             5,335      4,707      671 \nSales and marketing \n expenses                          332      1,057      151 \nProduct development \n expenses                        6,881     13,288    1,893 \nGeneral and \n administrative \n expenses                          858      9,158    1,305 \n                            ----------  ---------  ------- \n \nTotal                           13,406     28,210    4,020 \n                            ==========  =========  ======= \n \n\n\n      View original content:https://www.prnewswire.com/news-releases/dingdong-cayman-limited-announces-third-quarter-2024-financial-results-302297367.html \n\n\n     SOURCE Dingdong (Cayman) Limited \n\n\n       /CONTACT: Dingdong Fresh, ir@100.me \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 06, 2024 05:00 ET (10:00 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}