UPDATE 1-SoftBank-backed Dingdong valued at $6.6 bln as shares rise 19% in NYSE debut (Adds IPO details, other background) June 29 (Reuters) – Shares of Dingdong, backed by SoftBank Vision Fund II, opened 19% above their offer [...]
Chinese grocery app Dingdong Maicai targets $500 million in U.S. IPO -sources (Reuters) -Chinese grocery app Dingdong Maicai, backed by investors including Sequoia Capital and Tiger Global Management, aims to raise around $500 million in [...]