Sina Technology News Beijing time on February 15 evening news,Ding dong shopping(NYSE: DDL) today released its financial report for the fourth quarter of 2021 as of December 31, with total revenue of 5.4835 billion yuan (about 860.5 million US dollars), an increase of 72.0% compared with 3.1875 billion yuan in the same period in 2020. %. The net loss was 1,096.3 million yuan (approximately US$172.0 million), compared with a net loss of 1,245.5 million yuan in the same period in 2020. Non-GAAP net loss was 1,034.1 million yuan ($162.3 million), compared with a net loss of 1,238.8 million yuan in the same period in 2020.
Fourth quarter results:
GMV was RMB 6,004.0 million (approximately US$ 942.2 million), an increase of 59.6% compared to RMB 3,762.5 million in the same period in 2020.
Total revenue was RMB 5,483.5 million (approximately US$ 860.5 million), an increase of 72.0% compared to RMB 3,187.5 million in the same period in 2020.
Total operating costs and expenses were RMB 6,523.2 million (approximately US$ 1,023.6 million), an increase of 47.7% from RMB 4,415.8 million in the same period in 2020.
Operating loss was 1,039.7 million yuan (about 163.1 million U.S. dollars), compared with an operating loss of 1,228.3 million yuan in the same period in 2020.
The net loss was 1,096.3 million yuan (approximately US$172.0 million), compared with a net loss of 1,245.5 million yuan in the same period in 2020.
Non-GAAP net loss was 1,034.1 million yuan ($162.3 million), compared with a net loss of 1,238.8 million yuan in the same period in 2020.
Basic and diluted net loss per share was 3.38 yuan (about $0.53), compared with a net loss per share of 20.57 yuan in the same period in 2020.
Basic and diluted net loss per share on a non-GAAP basis was RMB 3.19 (approximately $0.50), compared with a net loss per share of RMB 20.47 for the same period in 2020.
As of December 31, 2021, Dingdong Maicai had cash and cash equivalents and short-term investments of RMB 5,231.1 million (approximately US$820.9 million), compared to RMB 2,382.4 million as of December 31, 2020.
telephone conference:
The management team of Dingdong Maicai will hold an earnings conference call at 7:00 a.m. EST on February 15th (8:00 p.m. Beijing time on February 15th). The investor relations channel of Dingdong Maicai website is https://ir.100 .me/Home will webcast the conference call with a recording available.