Dingdong Maicai jumped nearly 5% in premarket trading as its revenue rose 111% in the third quarter

Dingdong Maicai jumped nearly 5% in premarket trading as its revenue rose 111% in the third quarter.According to the financial report, Dingdong Maicai's revenue in the third quarter of 2021 was 6.19 billion yuan, an increase of 111% over 2.934 billion yuan in the same period of last year.

The GMV of Dingdong Maicai in the third quarter of 2021 was 7.02 billion yuan, with a year-on-year growth rate of 107.7%. Dingdong Maicai's GMV growth rate in the mature Yangtze River Delta region is still as high as 64.8% year-on-year.

By the end of the third quarter of 2021, Dingdong Maicai had 1,375 front warehouses in 37 cities across the country, and the number of cities entering increased by 185% compared with the same period of last year.