Lates News

On the evening of May 16th, Ding Dong Buy released its first quarter performance report. In this quarter, Ding Dong Buy achieved a GMV of 5.96 billion yuan, a year-on-year increase of 7.9%. The revenue reached 5.48 billion yuan, a year-on-year increase of 9.1%, and has maintained positive growth for five consecutive quarters. In terms of profits, Ding Dong Buy's net profit for this quarter under Non-GAAP standards was 30 million yuan with a net profit margin of 0.6%; under GAAP standards, the net profit was 8.017 million yuan with a net profit margin of 0.1%. As of now, Ding Dong Buy has achieved profits under Non-GAAP standards for ten consecutive quarters and profits under GAAP standards for five consecutive quarters.