Ding dong Buy vegetables in the third quarter total revenue of 5.14 billion yuan, the old aunt IPO terminated, Hema IPO suspended...
On the evening of November 16, Ding Dong Buy Food released the third quarter of 2023 financial results. The data showed that the companys total revenue was 5.14 billion yuan, compared with 5.94 billion yuan in the same period last year. Net profit was 2.1 million yuan, compared with a net loss of 340 million yuan in the same period in 2022.
Ding Dong Maicai said that the withdrawal from some cities in the second quarter of 2022 and 2023, as well as the recovery of offline consumption by users, led to a year-on-year decline in sales. At the same time, thanks to the increase in the frequency of monthly orders and the rapid growth of orders in Jiangsu and Zhejiang regions, the order volume of the platform increased by 6% from the second quarter. Among them, the average monthly purchase frequency of green card members reached 6.9 times.
Ding dong Maicai believes that the steady profit in East China will bring greater protection for the development of its national business. At the same time, the company will continue to carry out relevant operational optimization for the North and South China region, and continue to consolidate the scale and profitability.
Recently, Chen Hao, former general manager of Mengniu Group Brand Management Center and general manager of Zhipu Mill, has been appointed as CMO (Chief Marketing Officer). After taking over the new pot ring food, Chen Hao has carried out sports marketing, topic marketing, hot pot season global marketing and brand value system building work.
It is reported that Chen Hao has more than 20 years of experience in brand strategy and management. During his time with Mengniu Group, Chen Hao has made innovations in content marketing, product innovation, international alliance cooperation, and cross-border promotion cooperation, bringing a new wind to the dairy industry. In addition, Chen Hao has accumulated rich experience in brand management in multinational companies such as Colgate, Coca-Cola, Kraft Foods and Samsung Electronics.
"Content is brand, product is content, this is my brand practice summary." As a senior brand marketing expert, Chen Hao previously said at an industry conference that the brand mainly has a very clear strategy, and it is necessary to return to the original intention of doing products and brands, and return to the positive values of marketing to stand the test of time.
Another restaurant company has pulled its IPO. On November 13, the Shanghai Stock Exchange issued a decision to terminate the review of the first issue of shares of Lao Niangjiu Catering Co., Ltd. and its listing on the main board. This is the end of more than A year of A-share IPO road. However, the old aunt did not give up other listing paths. On November 15, the relevant staff said, "The company will re-study and judge the capital market path and plan a feasible listing plan for other paths."
The reason why the old aunt is so persistent about the IPO is that in addition to its own business needs, it is inseparable from the oppression of the gambling agreement. In recent years, the performance of the old aunt flat, profit pressure has been there, in addition to the impact of the epidemic, its own business model is also eating into the profit space, in addition, out of the Yangtze River Delta business plan, the end of 2025 listed gambling agreement has also brought a lot of pressure to the old aunt listed.
On the evening of November 16, Alibaba was full of heavy information. First, the US SEC website disclosed the Ma family trust entitys plan to sell a total of 10 million Alibaba shares, worth about $870 million. The subsequent disclosure of financial results shows that in the second quarter of the fiscal year 2024 (that is, the third quarter of 2023), Alibaba Groups operating income was 224.79 billion yuan, an increase of 8.5%. Net profit attributable to ordinary shareholders was 27.706 billion yuan, a significant year-on-year turnaround.
In addition, the earnings report disclosed that Hemas planned initial public offering is on hold and that it is evaluating market conditions and other factors necessary to ensure successful project implementation and enhanced shareholder value; Cainiao applied for IPO in Hong Kong and submitted the application documents; Alibaba International Digital Business Group is preparing for external financing.
Recently, Haidilao stores have piloted the adjustment of portions and prices, and there are no half and whole options in the ordering system, and the menu page is displayed as "portions". Some netizens said that Haidilao suspected disguised price increases. In this regard, the Haidilao hot pot in the official Weibo response said that half dishes are the first choice of many noodles, taking into account the noodles for small dishes preference, the current pilot in individual stores, is to unify the size and price of the original half dishes to unify the stores dish supply specifications.
