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