Record-Breaking Revenue and GMV
Dingdong reported a GMV of RMB 7.27 billion and a revenue of RMB 6.66 billion, both achieving slight year-over-year growth and marking the highest ever quarterly GMV and revenue.
Consistent Profitability
Dingdong has maintained non-GAAP profitability for 12 consecutive quarters and GAAP profitability for 7 consecutive quarters, demonstrating strong financial health.
Growth in Good Product System
Good products comprised 37.2% of SKUs, generating 44.7% of total GMV, up significantly from January figures. This strategy boosted user retention and repurchase rates.
Strong Regional Performance
Jiangsu and Chongqing regions experienced a GMV increase of 1.4% year-over-year, with Guangzhou seeing growth exceeding 60%.
Successful Launch of One Big, One Small, One World Strategy
Dingdong introduced a new strategic development framework focusing on top-selling products, expansion into smaller cities, and international market entry.