The Market Lifts Dingdong (Cayman) Limited (NYSE:DDL) Shares 30% But It Can Do More
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Estimating The Intrinsic Value Of Dingdong (Cayman) Limited (NYSE:DDL)
Dingdong (Cayman) Limited (DDL) Q3 2024 Earnings Call Transcript Summary
dingdong (DDL.US) achieved record-high performance in Q3: net income of 0.133 billion yuan, GMV reached 7.267 billion yuan
Great Wisdom reported on November 7th that dingdong released its third quarter financial report for 2024. In the third quarter of 2024, dingdong achieved revenue of 6.538 billion yuan, a year-on-year increase of 27.2%. Among them, commodity revenue was 6.458 billion yuan, compared to 5.083 billion yuan in the same period last year; service revenue was 79.8 million yuan, compared to 57.2 million yuan in the same period last year. Net income was 0.133 billion yuan, compared to 2.1 million yuan in the same period last year, an increase of 6240.6% year-on-year; diluted earnings per share was 0.40 yuan. The company's total commodity trading volume (GMV) in the third quarter
Dingdong's Impressive Q3 2024 Financial Surge
