Dingdong (Cayman) Ltd ADR

Good morning and good evening, ladies and gentlemen. Thank you for standing by, and welcome to the Ding Dong Limited third quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. Please note that this event is being recorded. I would now like to turn the conference over to the first speaker today, Nicky Zhang, Director of Investor Relations. Please go ahead, sir.

Thank you. Hello everyone and welcome to Dingdong Third Quarter 2023 Earnings Call. With me today are Mr. Changlin Liang, our founder and CEO, and Mr. Song Wang, our Head of Finance. You can refer to our Third Quarter 2023 financial results on our IR website at ir.100.me. You can also access a replay of this call on our IR website. when it becomes available a few hours after its conclusion. For today's call, management will go through their prepared remarks first, which will be followed by a question and answer session. Before we continue, I would like to refer you to our safe harbor statement in our earnings press release, which also applies to this call. As we will be making forward-looking statements, please note that all numbers stated in the following management prepared remarks are in RMB terms, and we will discuss non-GAAP measures today, which are more thoroughly explained and reconciled to the most comparable measures reported in our earnings release and filings with the SEC. I will now turn the call to our first speaker today, the founder and the CEO of Dingdong, Mr. Liang.

Thank you, investors, analysts, and friends of Dingdong. Welcome to the Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3