Precio Dingdong (Cayman) Ltd (DDL)

Dingdong (Cayman) Ltd. Is an on-demand e-commerce company, which engages in the provision of users with fresh produce, meat and seafood, and other daily necessities through a convenient and excellent shopping experience supported by an extensive self-operated frontline fulfillment grid. The company is headquartered in Shanghai, Shanghai and currently employs 3,120 full-time employees. The company went IPO on 2021-06-29. The firm offers groceries and other daily necessities directly delivered to users and households. The Company’s groceries offerings include fresh produce, meat and seafood and other daily necessities. The firm procure its products primarily from direct upstream sources such as farms and cooperatives. The Company’s frontline fulfillment grid consists of more than 950 frontline fulfillment stations across 29 cities in China. Its frontline fulfillment grid is also supported by approximately 40 regional processing centers to sort, package, label and store raw products prior to fulfillment.