Shulou(Shulou.com)11/24 Report--

According to news on the evening of August 11, Beijing time, Ding Dong Buy today released its results for the second quarter of 2022, which ended on June 30.

Total revenue from Ding Dong grocery shopping in the second quarter was 6.6344 billion yuan ($990.5 million), up 42.8 percent from 4.446 billion yuan in the same period in 2021, according to the financial report. The net loss was 34.5 million yuan ($5.2 million), compared with a net loss of 1.9374 billion yuan in the same period in 2021. Without Non-GAAP, the net profit was 20.6 million yuan ($3.1 million), compared with a net loss of 1.7285 billion yuan in the same period in 2021.

Second-quarter results: GMV was 7.1152 billion yuan ($1.0623 billion), up 32.3% from 5.3781 billion yuan in the same period in 2021.

Total revenue was 6.6344 billion yuan ($990.5 million), up 42.8 percent from 4.446 billion yuan in the same period in 2021.

Total operating costs and expenses were 6.6346 billion yuan ($990.5 million), up 0.8% from 6.5836 billion yuan in the same period in 2021.

Of this total, compliance expenditure was 1.5418 billion yuan ($230.2 million), down 9.0 per cent from the same period last year.

Spending on product research and development was 255.3 million yuan ($38.1 million), an increase of 23.7% over the same period last year.

The operating loss was 200000 yuan ($40,000), compared with an operating loss of 1.9376 billion yuan in the same period in 2021.

The net loss was 34.5 million yuan ($5.2 million), compared with a net loss of 1.9374 billion yuan in the same period in 2021.

Without Non-GAAP, the net profit was 20.6 million yuan ($3.1 million), compared with a net loss of 1.7285 billion yuan in the same period in 2021.

The basic and diluted losses per share were both 0.11 yuan ($0.02), compared with 33.27 yuan per share in the same period last year.

Without Non-GAAP, basic and diluted earnings per share were both 0.06 yuan ($0.01), compared with a basic and diluted loss of 30.05 yuan per share in the same period last year.

As of June 30, 2022, Ding Dong had cash and cash equivalents and short-term investment of 6.0638 billion yuan ($905.3 million), compared with 5.2311 billion yuan as of December 31, 2021.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.