Home » News » IPO – Chinese startup Dingdong is aiming for an IPO in New York

IPO – Chinese startup Dingdong is aiming for an IPO in New York

The company said it aims to raise up to $ 357 million. In the latest round of financing, Dingdong was valued at around five billion dollars.

Grocery delivery services have gained in importance in the Corona crisis. Correspondingly, many companies are now competing with one another. In China, in addition to Dinddong and Missfresh, there are the large corporations Alibaba and Pinduoduo.

(Reuters)

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