Dingdong Maicai Archives

Dingdong Maicai Denies Reports of “Large-Scale Withdrawal”

In response to recent reports regarding Dingdong Maicai's "large-scale withdrawal", the grocery e-commerce platform responded on Monday that the information was untrue.

SEC Adds 11 More China Concepts Stocks to “Pre-Delisting List”

According to the official website of the United States Securities and Exchange Commission (SEC), 11 more Chinese firms were added to its "pre-delisting list" on May 9.

Chinese E-Commerce Platform Dmall Preparing for Hong Kong IPO

Chinese e-commerce platform Dmall is expected to submit an application this quarter for a public listing on the Hong Kong Stock Exchange (HKEx).

Grocery-Buying Platform Dingdong Maicai Launches Food Safety Investigations

A warehouse operated by grocery-buying platform Dingdong Maicai in the capital city's Haidian District cheated consumers by claiming dead fish were fresh and fabricating labels.

Dingdong Maicai’s Q4 Revenue Rose 72% YoY in 2021

Chinese logistics and fresh groceries delivery firm Dingdong Maicai on Tuesday released its results for the fourth quarter ended December 31, 2021.

Dingdong Maicai Ready-Made Meals Triple Over Spring Festival

Dingdong Maicai, a leading fresh food e-commerce platform in China, showed that the sales volume of high-end ready-made meals on the platform increased over 3 times year-on-year during the Spring Festival.

Dingdong Maicai Adds 4.5 Billion Yuan in Registered Capital, Bike-Sharing Services Included in Business Scope

Shanghai Yibaimi Network Technology Co., Ltd., the operator of fresh food e-commerce platform Dingdong Maicai, changed its business registration information on January 24.

Dingdong Maicai Publishes Annual Consumption Report: 3R Sales Volume up by 300%

Dingdong Maicai, a fresh food supply chain enterprise, recently released its "2021 Consumption Trend Report". The report shows the living conditions of young people today and the possible consumption trends for the coming year.

Dingdong Maicai Denies Rumors of Internal Layoffs

Reports have emerged recently alleging major staff layoffs within Chinese fresh grocery e-commerce firm Dingdong Macai. The company has responded to the news, assuring that all business is in normal operation.

Chinese Grocery Platform Dingdong Maicai Announces $30 Million Share Repurchase Program

Dingdong Maicai, a Chinese fresh food e-commerce platform, announced on Monday that its board of directors had approved a stock repurchase plan.

Dingdong Maicai Upgrades Commodity Development Center, Builds Ecological Supply Chain System

Dingdong Maicai, a fresh food e-commerce brand, held a supply chain ecological summit in Shanghai on Friday, disclosing its supply chain ideas and product development direction to the public for the first time.

Dingdong Maicai Reports Q3 Revenue of $960.6 Million, a YoY Increase of 111%

Dingdong Maicai, a fresh produce e-commerce brand listed in U.S., released its financial report for the third quarter of 2021 on Monday, showing total revenue of 6.2 billion yuan ($960.6 million) during the period.

Dingdong Maicai Price Surges as Ticker Symbol Might Have Been Mistaken for DIDI

Dingdong Maicai, a Chinese fresh grocery e-commerce platform, triggered the circuit breaker twice on the second day after being listed. As this article is being written, its price is reportedly at USD 38.4 per share. Its total market value has dropped to USD 9 billion.

Dingdong Maicai Slashes IPO by 70% While MissFresh Stocks Plummets on Nasdaq Debut

According to JIEMIAN.COM, Dingdong Maicai, a Chinese fresh grocery app, downsized its initial public offering (IPO) in the US to a quarter of its planned target on Monday.

Chinese Online Grocery Duo File for US IPOs, Spicing up China’s Already-Hot Fresh Produce E-commerce Market

Dingdong Maicai and MissFresh, leading players in China’s burgeoning fresh food delivery arena, filed for US listings on Tuesday, racing to become the first publicly-traded Chinese online grocery platform.

China VC Weekly: Groceries, Resale and Plant-Based Meat

In last week’s China VC news: online grocery platform Dingdong Maicai bags a new tranche in its Series D round, bringing total financing amassed in the round to $1 billion; California-based biopharma firm Kinnate starts a joint venture to expand in China; luxury resale platform GoShare2 rakes in “tens of millions of US dollars” in Series C financing; and plant-based ground pork brand Zrou owner raised $7.3 million in a Series A round of financing.

China VC Weekly: Computer Vision, Online Grocery and Source Code Capital’s New Fund

In last week’s news, Chinese computer vision startup Clobotics secured roughly $31 million in funding to be used for research and development, prominent VC firm Source Code Capital raised $1 billion in capital commitments and online grocery company Dingdong Maicai raked in over $700 million from regional expansion.

Chinese Online Grocer Dingdong Maicai Raises $700 Million in Latest Funding Round

Chinese grocery platform Dingdong Maicai has raised $700 million in a series D round of financing co-led by investment firms DST Global and Coatue Management as the startup continues its expansion in the crowded fresh food delivery market.

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