SoftBank Vision Fund has led the digital grocer marketplace’s series D-plus round, which brought its total funding past the $1bn mark.
China-based grocery delivery app operator Dingdong Maicai closed a $330m series D-plus round today led by internet and telecommunications group SoftBank’s Vision Fund.
Founded in 2017, Dingdong Maicai has built a grocery e-commerce platform it claims delivers fresh produce and seafood ingredients door-to-door in under 30 minutes. It has served more than 5 million households across 27 markets in its home country.
The company’s overall funding now stands at more than $1bn. It most recently secured $700m in a series…
