Key figures on fresh food e-retailer Dingdong Maicai 2023
In 2023, China's online grocery delivery company, DingDong Maicai, generated a gross merchandise value (GMV) of around three billion U.S. dollars. The Shanghai-based company was founded in 2017 and soon became one of the market leaders in fresh delivery services in China. The company completed its initial public offering (“IPO”) on the New York Stock Exchange (“NYSE”).