Capital, Earnings & M&A
Six Consecutive Quarters of Profit: Fresh Food E-commerce Giant Quietly Making Money
Dingdong Maicai has achieved six consecutive quarters of Non-GAAP profitability, with Q1 2024 GMV reaching 5.53 billion yuan and net profit of 41.48 million yuan, dispelling doubts about its business viability. The company's focus on the East China market, supply chain optimization, and product quality has driven this success.
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