Canada Markets closed
  • S&P/TSX

    20,633.27
    -128.76 (-0.62%)
     
  • S&P 500

    4,538.43
    -38.67 (-0.84%)
     
  • DOW

    34,580.08
    -59.71 (-0.17%)
     
  • CAD/USD

    0.7786
    -0.0022 (-0.2826%)
     
  • CRUDE OIL

    66.22
    -0.28 (-0.42%)
     
  • BTC-CAD

    63,048.21
    -273.04 (-0.43%)
     
  • CMC Crypto 200

    1,367.14
    -74.62 (-5.18%)
     
  • GOLD FUTURES

    1,782.10
    +21.40 (+1.22%)
     
  • RUSSELL 2000

    2,159.31
    -47.02 (-2.13%)
     
  • 10-Yr Bond

    1.3430
    -0.1050 (-7.25%)
     
  • NASDAQ futures

    15,687.50
    -301.00 (-1.88%)
     
  • VOLATILITY

    30.67
    +2.72 (+9.73%)
     
  • FTSE

    7,122.32
    -6.89 (-0.10%)
     
  • NIKKEI 225

    28,029.57
    +276.20 (+1.00%)
     
  • CAD/EUR

    0.6878
    -0.0027 (-0.39%)
     

SoftBank-Backed Dingdong Just Went Public. Here's What You Should Know

·5 min read
SoftBank-Backed Dingdong Just Went Public. Here's What You Should Know
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Dingdong (Cayman) (NYSE: DDL), a leading Chinese on-demand e-commerce company, went public on June 29, 2021. For those who are new to the company, Dingdong resembles a Chinese version of Instacart where you can order groceries online and get them delivered to your home. Backed by leading investors such as Tiger Global and SoftBank, Dingdong priced its shares at $23.50 per American depositary shares (ADS), raising a total of $110 million from the IPO.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting