For the fourth quarter of 2021, the Company currently expects net revenues to be in the range of RMB 2,232 million to RMB 2,315 million, representing year-over-year growth of approximately 35% to 40%, gross margin to improve by 100 to 150 basis points on a quarter-over-quarter basis, and non-GAAP operating margin to improve by 800 to 1,000 basis points on a quarter-over-quarter basis.
Third Quarter 2021 Operational and Financial Highlights Total net revenues reached RMB 2,121.9 million (US $329.3 million) for the third quarter of 2021, representing a 47.2% increase from RMB 1,441.2 million for the third quarter of 2020 and exceeding the top-end of the Company’s guidance range https://finance.yahoo.com/news/missfresh-limited-reports-third-quarter-220000292.html
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