Chinese grocery platform Dingdong Maicai’s revenue decreased by 27% year-on-year to RMB 4.8 billion ($667.6 million) in the second quarterK while non-GAAP net income reached RMB 7.5 million, the Shanghai-based company announced on Sept. 1. Dingdong has posted a profit for three consecutive quarters under the non-GAAP standard, with a senior vice president expressing the firm’s confidence in achieving non-GAAP profitability for the full year 2023 in the earnings report. The company meanwhile saw its costs of goods sold drop 26.4% from a year earlier to RMB 3.34 billion during the period. Downsizing operations in loss-making regions is the main way for Dingdong to maintain profitability in a highly competitive industry, with the company exiting from Southwest China in Chongqing and Chengdu city this May, redirecting its focus primarily to the Eastern China region where it has managed to achieve three consecutive quarters of stable profit. [Dingdong Maicai]
Nvidia RTX 5070: Where to buy and is it worth the upgrade?
PC Games That Weren't Cancelled, But Should Have Been
Murder, mayhem, and a crown: ‘Fear Street’ makes prom a killer affair
Interview with Malwarebytes' founder, Marcin Kleczynski
Musetti vs. Diallo 2025 livestream: Watch Madrid Open for free
Xbox One vs. PS4: How They Stack Up Today
NYT Connections Sports Edition hints and answers for May 17: Tips to solve Connections #236
Best portable power station deal: Save 40% on the Bluetti AC300 with expansion battery
Best robot vacuum deal: Eufy Omni C20 robot vacuum and mop $300 off at Amazon
Wordle today: The answer and hints for May 16, 2025
Things AMD Needs to Fix
The Doctor's granddaughter Susan returns in 'Doctor Who'
NYT mini crossword answers for May 19, 2025
Wordle today: The answer and hints for May 17, 2025
LA Galaxy vs. Tigres 2025 livestream: Watch Concacaf Champions Cup for free
Best Sony earbuds deal: Over $100 off Sony XM5 earbuds
Best portable power station deal: Save 40% on the Bluetti AC300 with expansion battery
How to unblock xHamster for free
The Ultimate Guide to Protecting Your Identity in the Digital Age
As Trump enables crypto corruption, Meta wants back in the stablecoin space
Elon Musk's Boring Company is actually selling Burnt Hair cologneElon Musk's Boring Company is actually selling Burnt Hair cologneZonies, Part 1: FloraCover Story: Mario Carreño and Concrete CubaIs The Cheesecake Factory a bad place to take a first date? The internet is divided.Google Pixel tablet deal: Get $100 off a Google Pixel tablet at AmazonHow to preorder new Apple Macbook Pro M3Anthony Madrid on Jonathan SwiftPoor Richard: Philip Guston’s Nixon Drawings Transcend Their SubjectFrom the Archive: Who’s This “Borges” Guy, Anyway?SNL's Try Guys sketch misunderstood the Ned Fulmer scandalHere's 'Doom' running on Windows Notepad somehowDon't Fear the Robots: Fear Yourselves.Google Pixel tablet deal: Get $100 off a Google Pixel tablet at AmazonFrom the Archive: Werner Herzog’s Jungle JournalsThe AI Seinfeld show loop broke but it's still aliveLeonard Baskin’s Etchings for “Titus Andronicus”A Comics Adaptation of Sigizmund KrzhizhanovskyNow Online: Our Interviews with Dag Solstad, Jay McInerneyOnly You, Dear Reader, Can Justify the Humanities Of course Russians created Facebook events for pro Apple's new Apple TV 4K is built to fuel its Hollywood ambitions iPhone X: Hands on with Apple's stunning new device There are striking, lingering doubts about that 'female Viking warrior' Florida car dealership slammed on Yelp for parking cars in campus garages during Irma Hemingway's six The Senate has some questions for Equifax over its massive data breach Apple tried to show off Face ID, and it was so embarrassing Irma caused one of the largest blackouts in U.S. history 6 Apple Event songs that'll put you on a listening binge 'Star Wars' Episode IX: J.J. Abrams will return to write and direct 'It' sequel plot details reveal a big change for one character 'Last Week Tonight with John Oliver' renewed for three more seasons The 2 tiny, crucial moments in 'IT' only true Stephen King fans will have spotted Apple's Steve Jobs Theater is truly a sight to behold Man wins Grindr with the ultimate opening chat Edith Windsor remembered for her monumental fight for marriage equality 'Star Wars: Episode IX': December 2019 release date announced A teenage skier manages to keep all bones intact after an intense Parkour training session Tiny baby hedgehogs resemble something a little NSFW and people are loving it