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The Latest Breaking News from Dingdong

Should Amazon.com (AMZN) and Dingdong (DDL) Secure a Spot in Your Portfolio?

The internet industry will likely thrive with robust demand amid rapid digitalization. Therefore, fundamentally sound internet stocks, Amazon.com (AMZN) and Dingdong (Cayman) (DDL), could be ideal portfolio additions now. Continue reading.

StockNews.com · Nov 27, 2023

Online Grocer Dingdong Posts First-Ever Quarterly Profit After Slashing Costs

The turn to profitability also comes with the demise of former archrival Missfresh, which in July shuttered its mainstay instant-delivery retail business

Caixin Global · Feb 15, 2023

Why Qudian Shares Jumped Over 40%; Here Are 73 Biggest Movers From Yesterday

Gainers AMTD Digital Inc. (NYSE: HKD) climbed 71.5% to close at $27.80 on Monday after gaining 108% on Friday. The company priced its IPO at $7 per share.

Benzinga · Jul 19, 2022

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Dingdong Shares Gain After Clocking 43% Revenue Growth In Q1

Dingdong (Cayman) Limited (NYSE:DDL) reported first-quarter FY22 revenue growth of 43.2% year-on-year to $858.7 million. GMV increased by 36.0% Y/Y to $923.0 million. The total number of orders rose by 15.6% Y/Y to 80.6 million. Product revenues were $847.9 million, up 43.1% Y/Y, driven by the increase in the number of orders and…

Benzinga · Jun 15, 2022

Is Dingdong a Smart Chinese Stock to Add to Your Portfolio?

Chinese e-commerce grocery giant Dingdong (DDL) went public on the NYSE last year and its shares have plummeted more than 75% in price since. Moreover, considering the company’s lean profit margins and negative EPS, the question is would it be wise to bet on the stock now? Read on to…

StockNews.com · Apr 13, 2022

Dingdong, Missfresh Surge on Booming Business During Covid Lockdowns

Key Takeaways: Investors may be growing more bullish on Dingdong and Missfresh as recent Covid-related lockdowns drive more consumers to buy groceries online Both companies trade at relatively low valuations, even after big stock gains this week, as analysts remain bullish on the pair By Doug Young

Benzinga · Apr 6, 2022

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’. By Doug Young

Benzinga · Feb 16, 2022

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Missfresh Tries To Tempt Investors With Value-Added Offerings

Key takeaways: • Missfresh has launched a series of value-added initiatives in its bid to achieve profitability by selling more higher-margin products outside its core online grocery business • Company’s stock is down more than 70% since its debut in the U.S. last June

Benzinga · Jan 28, 2022

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