Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology.
Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology. Its platform provides a service model that includes direct procurement at the point of origin, pre-warehouse distribution, and home delivery in 29 minutes or less. It was upgraded to give users a fresh food consumption experience with a specific quality, time, and category.Dingdong Maicai was established in May 2017 and provides services in Shanghai, Beijing, Shenzhen, Hangzhou, Suzhou, and other cities.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 29, 2021 | IPO | $96M | — | — | — | Detail |
| May 12, 2021 | Series D | $330M | 1 |
SoftBank Vision Fund
|
— | Detail |
| Apr 6, 2021 | Series D | $700M | 15 |
Coatue
|
— | Detail |
| May 12, 2020 | Series C | $300M | 1 |
General Atlantic
|
— | Detail |
| Jul 25, 2019 | Series B | — | 5 |
Starquest Capital
|
— | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
SoftBank Vision Fund
|
Yes | Series D |
Coatue
|
Yes | Series D |
|
|
Yes | Series D |
Starquest Capital
|
Yes | Series B |
Sequoia Capital
|
— | Series D |
|
|
— | Series D |
|
|
— | Series D |
Aspex Management
|
— | Series D |
Cambium Grove Capital
|
— | Series D |
Capital Today
|
— | Series D |