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2021-06-29

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Dingdong Maicai reduces deal size by 74% ahead of U.S. IPO

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(DDL) has cut the planned deal size for its upcoming IPO by 74% to 3.7M American depositary shares from anoriginal target of 14M.</li>\n <li>Dingdong plans to sell 3.7M ADS at $23.50 to $25.50 to raise about $91M at the midpoint of the range, according to an amendedF-1 filing.</li>\n <li>Plans call for Dingdong Maicai to list on the New York Stock Exchange under the ticker symbol “DDL.”</li>\n <li>DDL runs a top Chinese consumer app for ordering fresh produce and other groceries, along with a growing list of additional goods.</li>\n <li>Dingdong Maicai’s other A-list pre-IPO ivestors include General Atlantic, Sequoia Capital and Tiger Global Management, according to the company’s F-1 and published reports.</li>\n <li>Earlier, Tencent-backed Chinese grocery app Missfresh’s(NASDAQ:MF)stock falls 30%+in two sessions since IPO.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dingdong Maicai reduces deal size by 74% ahead of U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDingdong Maicai reduces deal size by 74% ahead of U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3710793-dingdong-maicai-reduces-deal-size-by-74-ahead-of-us-ipo><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese grocery app Dingdong Maicai  (DDL) has cut the planned deal size for its upcoming IPO by 74% to 3.7M American depositary shares from anoriginal target of 14M.\nDingdong plans to sell 3.7M ADS ...</p>\n\n<a href=\"https://seekingalpha.com/news/3710793-dingdong-maicai-reduces-deal-size-by-74-ahead-of-us-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DDL":"叮咚买菜"},"source_url":"https://seekingalpha.com/news/3710793-dingdong-maicai-reduces-deal-size-by-74-ahead-of-us-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1162844364","content_text":"Chinese grocery app Dingdong Maicai  (DDL) has cut the planned deal size for its upcoming IPO by 74% to 3.7M American depositary shares from anoriginal target of 14M.\nDingdong plans to sell 3.7M ADS at $23.50 to $25.50 to raise about $91M at the midpoint of the range, according to an amendedF-1 filing.\nPlans call for Dingdong Maicai to list on the New York Stock Exchange under the ticker symbol “DDL.”\nDDL runs a top Chinese consumer app for ordering fresh produce and other groceries, along with a growing list of additional goods.\nDingdong Maicai’s other A-list pre-IPO ivestors include General Atlantic, Sequoia Capital and Tiger Global Management, according to the company’s F-1 and published reports.\nEarlier, Tencent-backed Chinese grocery app Missfresh’s(NASDAQ:MF)stock falls 30%+in two sessions since IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/159318741"}