Chinese Online Grocer Dingdong Maicai Raises $330 Million in Latest Funding Round

May 13, 2021

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*The new round of fundraising followed the app’s $700 million D round completed in April. (Source: Xinhua)*

Chinese grocery platform Dingdong Maicai raised $330 million in a Series D+ round of financing led by the SoftBank Vision Fund, according to investor and advisor Cygnus Equity, as the startup continues its expansion in the crowded fresh food delivery…

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