Dingdong Maicai

E-Commerce · Shanghai, CN

On-demand grocery e-commerce with a front warehouse network.

Founders

Liang Changlin (China · ♂) — A 12-year PLA veteran and serial entrepreneur who built the parenting community Mmbang (merged into TAL Education), then founded Dingdong Maicai in 2017 to deliver fresh groceries via a frontline-fulfillment grid model.

Date	Round	Amount
Feb 2026	Acquired by Meituan Meituan acquires 100% of the Chinese operations of on-demand grocery company Dingdong Maicai (NYSE-listed) for an initial consideration of $717M, strengthening its position in instant retail.	$717M

Data is community-curated and may be incomplete.