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Benzinga
Benzinga
World
The Bamboo Works

Dingdong Slows Down Spending, Dangles Prospect Of Profits

Key Takeaways:

  • Dingdong’s revenue growth slowed to 72% in the fourth quarter, down from 111% and 78% in the third and second quarters, respectively
  • Leading online grocer also reined in its spending, helping pare its quarterly net loss by 12% as it talked of profitability ‘soon’.
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