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, Coatue, DST Global, Qiming Ventures and others. The company raised $700M in a Series D round on Apr 06, 2021. This brings Dingdong's total funding to $1B to date. The company was previously valued at $2B after it had raised a Series C in May 2020.
