Dingdong slashes US IPO after rival flops on trading debut

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Dingdong slashes US IPO after rival flops on trading debut

Jonathan Breen
June 29, 2021 07:00 am
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Image ©Licensed to i-Images Picture Agency. 02/04/2019. London, United Kingdom.Tesco Hatfield Store . Picture by Andrew Parsons / Parsons Media | Andrew Parsons / Parsons Media/Andrew Parsons / Parsons Media

Chinese online grocer Dingdong (Cayman) has cut its US listing size to $94.4m, just over one-quarter of its initial target, after rival Missfresh plummeted in its Nasdaq debut last week.

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Credit SuisseEquity IPOsEquityChinaBank of AmericaAmericasAsiaGreater ChinaMorgan StanleyNortheast AsiaAsia PacificUnited StatesEmerging MarketsNorth AmericaHSBC
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Jonathan Breen
Equities editor GlobalCapital Asia
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