Dingdong (DDL) IPO Opens 19% Higher
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Dingdong (DDL) Prices 4.1M Share IPO at $23.50 per ADS
June 29, 2021 9:20 AM EDTDingdong (Cayman) Limited, a leading and fastest-growing on-demand e-commerce company in China, today announced the pricing of its initial public offering of 4,072,000 American Depositary Shares ("ADSs"), each two representing three Class A ordinary shares of the Company, at a price of... More
Dingdong (DDL) Slashes IPO Offering Size by 74%
June 29, 2021 8:27 AM EDTDingdong (NYSE: DDL) slashed the size of its upcoming IPO from 14,000,000 ADSs to 3,702,000 ADSs on Monday. The expected IPO price of $23.50-$25.50 was maintained.
The weakness is said related to a lackluster debut of smaller rival Missfresh Limited (NYSE:... More
