Dingdong Maicai

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. 

 

 

  • Year founded: 2014
  • Funding Info: $300M+ over 4 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $2B as of May 12, 2020
  • City/Town: Shanghai
  • State: Shanghai
  • Country: China
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