Staff memebers of an e-commercecompany for online shopping sort out vegetables at a warehouse in Changsha, capital city of central China's Hunan Province,Feb. 4. 2021. (Xinhua/Xue Yuge)
BEIJING, June 10 (Xinhua) --Chinese fresh vegetable e-commerce platform Dingdong Maicai has submitted its IPO prospectus to the U.S. stock exchange recently, the Xinhua-run Shanghai Securities News reported on Wednesday.
It is reported that Dingdong plans to list its shares on the New York Stock Exchange with a stock code of "DDL".
According to the company's filing, Morgan Stanley, Banc of America Securities, Credit Suisse are underwriters of this offering.
The firm generated a total revenue of 11.34 billion yuan (about 1.73 billion U.S. dollars) in 2020, surging 192.2 percent from that in 2019.
Established in 2017 in Shanghai, Dingdong has expanded its business to 29 cities across the country.(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)
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