Dingdong (Cayman) Limited reported second quarter 2026 financial results showing total revenues of RMB6,487.3 million (US$956.1 million), an 8.6% year-over-year increase. Net income rose to RMB271.7 million (US$40.0 million), driven by a RMB199.1 million benefit from ceasing depreciation on its China business, which is classified as held-for-sale pending regulatory approval for its divestment to Meituan. GMV grew 11.8% year-over-year to RMB7,265.3 million (US$1,070.8 million), marking the tenth consecutive quarter of positive growth. The company also announced a management change: Senior Finance Director Zhou Chen resigned and was succeeded by Yikun Zhu. Dingdong operates in the fresh grocery e-commerce industry.