Dingdong Maicai

Dingdong Maicai IPO debut with $95.7M raise

Chinese on-demand grocer Dingdong Maicai IPO debut made headlines as it raised $95.7 million. This came after the company priced its shares at the lower end of the range.  Dingdong Maicai’s debut received a lukewarm reception. Even though it cut…