Dingdong Maicai is a fresh vegetable e-commerce platform focus on delivering fresh food to users' doorstep puts it among the few sectors, such as healthcare and online learning.
Dingdong grocery shopping as a representative of new fresh retail, Provide users with more convenient fresh home service Delivery starts at 0 yuan and can be delivered home in as fast as 29 minutes.
Dingdong Maicai was founded in 2014 and is headquartered in Shanghai, Shanghai, China.
Dingdong Maicai adopts a big data-driven approach, predicting future orders through self-developed data models and multi-dimensional predictions based on historical sales data to reduce the slow-loss loss rate; the varieties are mainly concentrated in vegetables and fresh water.
Dingdong Maicai is backed by Sequoia China, General Atlantic, Qiming Ventures and others. The company raised $300M in a new round of funding with a $2B valuation on May 12, 2020.