Chinese online grocer Dingdong Maicai nets $700m funding co-led by DST

Chinese online grocer Dingdong Maicai nets $700m funding co-led by DST

Chinese online grocery app Dingdong Maicai has raked in an aggregate of $700 million in its Series D round of financing co-led by investment firms DST Global and Coatue, it announced in a statement on Tuesday.