Dingdong Maicai

About

Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology.

Shanghai,Shanghai,China
1001 - 5000
http://www.100.me

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $700M
Industries: Delivery,E-Commerce,Food and Beverage,Sales
Founded date: May 1, 2017
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: nyse:DDL
Legal Name: Dingdong (Cayman) Ltd
Also Known As: 叮咚买菜,上海壹佰米网络科技有限公司,Shanghai Yibaimi Wangluo Keji Youxian Gongsi

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.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$1.42B

Dingdong Maicai has raised a total of $1.42B in funding over 2 rounds. Their latest funding was raised on Jun 29, 2021 from a IPO round.

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 DST Global	—	Detail
May 12, 2020	Series C	$300M	1	General Atlantic	—	Detail
Jul 25, 2019	Series B	—	5	Starquest Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

23

Dingdong Maicai is funded by 23 investors. SoftBank Vision Fund and Coatue are the most recent investors.

Investor Name	Lead Investor	Funding Round
SoftBank Vision Fund	Yes	Series D
Coatue	Yes	Series D
DST Global	Yes	Series D
Starquest Capital	Yes	Series B
Sequoia Capital	—	Series D
3W Fund Management	—	Series D
APlus Partners	—	Series D
Aspex Management	—	Series D
Cambium Grove Capital	—	Series D
Capital Today	—	Series D