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home / news releases / DDL - Missfresh Boosts Direct Buying In Drive To Cut More Fat From Supply Chain

DDL - Missfresh Boosts Direct Buying In Drive To Cut More Fat From Supply Chain

Dingdong (Cayman) Limited American Depositary Shares (each two representing three)
  • Online grocer Missfresh said it expanded its network of direct suppliers, aiming to improve margins that lag far below larger rival Dingdong.
  • Direct sourcing could help the company lower procurement costs as it struggles to turn a profit.
  • Achieving profitability seems like a stretch for Missfresh, and it could become even more difficult as competition intensifies.

For further details see:

Missfresh Boosts Direct Buying In Drive To Cut More Fat From Supply Chain
Stock Information
Company Name: Dingdong (Cayman) Limited American Depositary Shares (each two representing three)
Stock Symbol: DDL
Market: NYSE
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