Dingdong Boosts Lead Over Older Rival for High-End Grocery Delivery

4-year-old company posts 80% revenue growth in its first quarterly earnings report, double the rate for its 7-year-old rival Missfresh Key points: Online grocer Dingdong boosted its edge over older rival Missfresh by posting sharply stronger revenue growth in the second quarter The two companies could be well positioned to avoid a recent wave of regulatory scrutiny due to their relatively small size

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Wall Street Gives Thumbs Down to Online Grocers’ Business Model

Direct sales model used by Dingdong and Missfresh could put them at a disadvantage to Pinduoduo, Meituan Key points: Dingdong and Missfresh use a centralized direct sales model, compared with a less costly model used by newer rivals Pinduoduo and Meituan Dingdong and Missfresh may soon be forced into cash-conservation mode due to their limited funds and heavy losses By Wang Chuan U.S. investors have given a chilly reception to newly listed online grocers Missfresh Ltd. (MF.US) and Dingdong Ltd. (DDL.US), worried about both companies’ continued losses in the face…

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Surging Online Grocer Dingdong in Focus After Missfresh’s Stale Trading Debut

Missfresh’s shares drop 26% on their first trading day, as shares of larger rival Dingdong get set to debut this week Key points: Online grocer Missfresh’s weak trading debut could reflect investor concerns about its slowing growth and loss of its No. 1 status A similarly weak debut this week for leader Dingdong could show market sentiment is cooling towards Chinese tech firms By Doug Young When it comes to just about any company in China, investors seem to like growth over almost all else – even if that growth…

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