Dingdong (Cayman) Limited reported unaudited second-quarter 2026 results for the period ended June 30, with GMV (gross merchandise value) up 11.8% year over year to RMB7,265.3 million (US$1,070.8 million). Net income rose 153.5% to RMB271.7 million (US$40.0 million), marking the tenth consecutive profitable quarter, while non-GAAP net income increased 120.2% to RMB281.3 million (US$41.5 million), its fifteenth consecutive quarter of non-GAAP profitability. Total revenue increased 8.6% to RMB6,487.3 million (US$956.1 million), helped by higher order volumes and user frequency in China and overseas expansion. Dingdong’s China business is classified as discontinued operations after the company agreed on Feb. 5, 2026, to sell it to Meituan (HKEX: 3690); the transaction was still pending, notably anti-monopoly approval from SAMR. The held-for-sale accounting treatment, which halted depreciation and amortization for the China business, increased current-quarter net income by RMB199.1 million (US$29.3 million). The company also announced that Senior Finance Director Zhou Chen resigned for personal reasons and that Senior Director Yikun Zhu assumed responsibility for the listed company’s financial affairs.