Chinese grocer Dingdong is setting its sights on getting a $6 billion valuation when it goes public in the U.S. The company, which is backed by Japan’s SoftBank Vision Fund II, delivers groceries mainly in such big Chinese cities as Shanghai, Beijing, Shenzhen and Hangzhou....
In its latest effort to keep up with its American big brother Amazon, China’s eCommerce giant Alibaba has announced the debut of its own smart home speaker. With this addition, each of the Frightful Five will have its own voice-controlled speaker: Amazon with its Echo...
June 23, 2021
Chinese grocer Dingdong is setting its sights on getting a $6 billion valuation when it goes public in the U.S. The company, which is backed by Japan’s SoftBank Vision Fund II, delivers groceries mainly in such big Chinese cities as Shanghai, Beijing, Shenzhen and Hangzhou. Reuters reported that the valuation would mean a jump of […]