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-0.00241837968561059 0.00483675937122139 0.0108827085852481 0.0036275695284161 -0.0108827085852479 -0.00846432889963706 0.0181378476420799 0.014510278113664
Stock impact report

SoftBank-backed Dingdong raises $95.7 mln in downsized U.S. IPO [Financial Post (Toronto, Ontario, Canada)]

Missfresh Limited - American Depositary Shares (MF) 
Company Research Source: Financial Post
offering (IPO) on Tuesday after slashing the size of the IPO to almost a fourth of its earlier target. Dingdong sold more than 4 million American depositary shares (ADSs) priced at $23.5 apiece, the lower end of its indicative price range. Mini Mini Jewels finally launched in Canada — available at The Bay Advertisement The company had earlier planned to raise up to $357 million in its IPO by selling 14 million ADSs priced between $23.5 and $25.5. Established in 2017 and also backed by Tiger Global Management and Sequoia Capital, Dingdong operates mainly in China's first-tier cities such as Shanghai, Beijing, Shenzhen and Hangzhou. Rival online grocery company Missfresh Ltd, which is backed by Tencent Holdings Ltd, slumped in its Nasdaq debut last week. It was trading almost 17% below its IPO price until Monday's close. Morgan Stanley, BofA Securities and Credit Suisse were the IPO's lead underwriters. Dingdong's ADSs are set to begin trading on the New York Stock Excha Show less Read more
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