Dingdong Slows Down Spending, Dangles Prospect Of Profits
Key Takeaways:
Dingdong’s revenue growth slowed to 72% in the fourth quarter, down from 111% and 78% in the third and second quarters, respectively
Leading online grocer also reined in its spending, helping pare its quarterly net loss by 12% as it talked of profitability ‘soon’.
By Doug Young