In 2021, Q2 revenue was 4.65 billion yuan and net loss was 1.937.4 billion yuan From Ding Dong’s vegetable buying Report

The following is the In 2021, Q2 revenue was 4.65 billion yuan and net loss was 1.937.4 billion yuan From Ding Dong’s vegetable buying Report recommended by recordtrend.com. And this article belongs to the classification: Industry information.
On the evening of August 30, Beijing time, dingdong shopping (NYSE: DDL) today released the financial report for the second quarter of 2021 as of June 30, which is also the first financial report released by dingdong shopping after it was listed on the New York Stock Exchange in June this year.
In the second quarter of this year, Ding Dong’s total revenue from buying vegetables was 4.646 billion yuan (about US $716.6 million), an increase of 77.9% compared with 2.6111 billion yuan in the same period in 2020. The net loss was RMB 1937.4 million (about US $301 million), while the net loss in the same period in 2020 was RMB 858.3 million. Not in accordance with U.S. GAAP, the net loss was RMB 1728.5 million (about USD 267.7 million), while the net loss in the same period in 2020 was RMB 714.5 million.
Summary of second quarter results:
Gmv was RMB 5378.2 million (about USD 833 million), an increase of 80.8% compared with RMB 2975.4 million in the same period in 2020.
The total revenue was RMB 4.646 billion (about US $716.6 million), an increase of 77.9% compared with RMB 2.611 billion in the same period in 2020.
Not in accordance with non GAAP, the net loss was RMB 1728.5 million (about US $267.7 million), while the net loss in the same period in 2020 was RMB 714.5 million.
The average number of monthly transaction users in the second quarter of 2021 was 8.4 million, an increase of 39.1% compared with 6.1 million in the same period of 2020.
As of June 30, 2021, the number of performance stations is 1136, an increase of 147 compared with March 31, 2021.
Second quarter performance analysis:
The total revenue was RMB 4.646 billion (about US $716.6 million), an increase of 77.9% compared with RMB 2.611 billion in the same period in 2020.
The product revenue was RMB 4.603.3 billion (about USD 713 million), an increase of 78.4% compared with RMB 2.580.6 billion in the same period in 2020.
The service revenue was 42.7 million yuan (about 6.6 million US dollars), an increase of 40.4% compared with 30.4 million yuan in the same period in 2020.
The total operating cost and expenditure was RMB 6583.6 million (about US $1019.7 million), an increase of 93.3% over RMB 3405.6 million in the same period in 2020.
The sales cost was RMB 3967.4 million (about USD 614.5 million), an increase of 91.8% over RMB 2068.3 million in the same period in 2020.
The performance fee was RMB 1693.5 million (about USD 262.3 million), an increase of 79.3% over RMB 944.6 million in the same period in 2020.
Sales and marketing expenses amounted to 410 million yuan (about 63.5 million US dollars), an increase of 26.36% over 112.8 million yuan in the same period in 2020.
General and administrative expenses amounted to 306.3 million yuan (about 47.4 million US dollars), an increase of 40.3% over 218.2 million yuan in the same period in 2020.
The product development cost was 206.5 million yuan (about 32 million US dollars), an increase of 234.7% over 61.7 million yuan in the same period in 2020.
The operating loss was RMB 1937.6 million (about US $301 million), while the operating loss in the same period in 2020 was RMB 794.5 million.
The net loss was RMB 1937.4 million (about US $301 million), while the net loss in the same period in 2020 was RMB 858.3 million.
Not in accordance with U.S. GAAP, the net loss was RMB 1728.5 million (about USD 267.7 million), while the net loss in the same period in 2020 was RMB 714.5 million.
The basic and diluted net loss per share was 33.27 yuan (about US $5.15), while the net loss in the same period in 2020 was 15.02 yuan.
Not in accordance with U.S. GAAP, the basic and diluted net loss per share was 30.05 yuan (about US $4.65), while the net loss in the same period in 2020 was 12.79 yuan.
As of June 30, 2021, dingdong had cash and cash equivalents and short-term investment of RMB 7287.7 million (about US $1128.7 million), while as of March 31, 2021, it was RMB 5619.9 million. More reading: Le Pu medical COVID-19 antibody colloid gold assay kit. Infrared thermometers and other products have been supplied to dozens of countries. There is no worry about the future: Q1 integrated circuit / semiconductor market supply and demand report in 2021 CCFA: Top 100 Chinese supermarkets in 2019 demand Gen: manufacturers expand digital conversion to sales and marketing report Dell financial report: revenue of US $26.1 billion in the second quarter of fiscal year 2022, net profit decreased by 20% year-on-year. Aladdin: white skin for the development of small program Internet in the first half of 2021 The book opened a new mode of online collaborative office, and government wechat helped Qingdao launch the “governance but public” fun store. Financial report: the total revenue in Q2 in fiscal year 2021 was 412 million yuan, a year-on-year decrease of 65%. Pinduoduo financial report: the revenue in Q2 in 2021 was 23.046.2 billion yuan, and the number of monthly active users was 738.5 million, lower than the market expectation, In the field of hope, Dell Technology Group: 85% of Chinese enterprises have not improved their data technology and process. Youdao dictionary pen cooperates exclusively with CCTV children’s channel to deeply cultivate the field of children’s learning. Trendfocus: in 2021, the shipping capacity of Q2 mechanical hard disk reached 350.7eb, a record, and Amazon cloud technology’s “global advantage, Rooted in the local “China’s strategic landing partner network APN, expand Chichi technology, and create a complete marketing closed loop based on the” smart Lake warehouse “architecture of Amazon cloud technology
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