Dingdong (Cayman) Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CNY 4,997.48 million compared to CNY 5,443.67 million a year ago. Net loss was CNY 54.45 million compared to CNY 478.82 million a year ago.

Basic loss per share from continuing operations was CNY 0.255 compared to CNY 2.22 a year ago.