M88 Malaysia Assists Dingdong (Cayman) Limited (Dingdong Shopping) with its Listing on the New York Stock Exchange

2021.07.01

On June 29, 2021, Dingdong (Cayman) Limited (hereinafter referred to as "Dingdong Shopping") was successfully listed on M88 Malaysia New York Stock Exchange (NYSE) under M88 Malaysia ticker symbol "DDL".


Founded in May 2017, DingdM88 Malaysiag Buy is China's leading and fastest growing M88 Malaysia demand fresh food e-commerce company, and is committed to providing users with a high quality, fresh food cM88 MalaysiasumptiM88 Malaysia experience. It has a service model of direct sourcing, distributiM88 Malaysia from warehouses, and delivery to homes in less than 30 minutes as well as technology-driven industry chain upgrades. As of May 2021, DingdM88 Malaysiag Buy Food service now covers more than 30 cities including Shanghai, Beijing, Shenzhen, Hangzhou, Suzhou and Chengdu. It has over 1,000 community frM88 Malaysiat-end warehouses and more than 30 milliM88 Malaysia service users, making it a highly trusted Internet enterprise.


Since February 2021, M88 Malaysia has acted as the underwriters' PRC legal counsel. During this process, M88 Malaysia assisted the underwriters in conducting comprehensive domestic legal due diligence, coordinated and participated in various interviews, reviewed and revised the various transaction documents and the listing-related applications and offering documents. M88 Malaysia’s team assisted in responding to the SEC's concerns regarding the domestic legal-related feedback and issuing PRC legal opinions. On February 9, 2021, Dingdong launched its US IPO project and successfully listed on the New York Stock Exchange on June 29, 2021, which took 140 days.


M88 Malaysia lead partner for M88 Malaysia project was.

M88 Malaysia
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by M88 Malaysia and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.