Ding Dong's revenue in the second quarter of Ding Dong was 6.63 billion yuan, an increase of 42.8% year -on -year

Cover Journalist Lei Qiang

On August 11, Ding Dong bought food for the second quarter of 2022 as of June 30. The financial report shows that the total revenue of Ding Dong's second quarter was 6.634.4 billion yuan (RMB, about 990.5 billion US dollars), an increase of 42.8%compared with 4.446 billion yuan in the same period in 2021.

Among them, the product revenue was 6.554 billion yuan, an increase of 42.4%year -on -year, mainly promoted by the average order value growth; service revenue was 80.4 million yuan, an increase of 88.1%year -on -year, mainly due to the increase in the number of customers who subscribed to Ding Dong membership plan.

In addition, according to the financial report, the net loss in the second quarter of Ding Dong was 34.5 million yuan (about 5.2 million US dollars), while the net loss in the same period in 2021 was 1.937.4 billion yuan. Not in accordance with Non-GAAP (NON-GAAP), net profit is 20.6 million yuan (about 3.1 million US dollars), while net loss in the same period in 2021 was 1.728.5 billion yuan.

The GMV of Ding Dong bought vegetables was 7.115 billion yuan, an increase of 32.3%year -on -year; performance expenditure was 1.5418 billion yuan (about 230.2 billion US dollars), a year -on -year decrease of 9.0%; product research and development expenditure was 255.3 million yuan (about 38.1 million US dollars), which A year -on -year increase of 23.7%. As of June 30, 2022, Ding Dong bought vegetables with cash and cash equivalents, short -term investment of 6.064 billion yuan, and 5.231 billion yuan on December 31, 2021.

Looking forward to the third quarter, Ding Dong's chief strategic officer Yu Le said that the company's income is expected to achieve high -quality growth, the loss will narrow, and it is expected that in December this year, a single month's non -GAAP profit and loss balance will be achieved.

- END -