China

Dingdong Maicai: Sky-high GMV, High Costs amid Increasing Industry Competition

  • Dingdong Maicai has maintained a high growth over recent years, achieving the largest GMV and user base in the sector

  • Challenges: High fulfillment & marketing costs, increasing competition between top players and a fragile business model

  • Dingdong reduced its ADS offering amount, with some investors turning bearish on the newly listed shares

https://cdn.tellimer.com/providers/badge-equalocean-wYY11Sp905BHnmGKsQ8HFzXdiqxcfk2dPZ7aya1N.png
July 26th, 2021
Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Disclosures

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.

This publication is not intended for distribution to, or use by, any person or entity in any jurisdiction in any country where such distribution or use would be contrary to law or regulation, or which would subject Tellimer to any registration requirement within such jurisdiction or country.

This research is produced by a third party. The Tellimer team has had no editorial input into the content of the note.