How this PLA veteran turned online food entrepreneur has made his way to a New York IPO with Dingdong Maicai

Source: Tech – South China Morning PostBorn and raised in a remote village in eastern Anhui province in the 1970s, Liang Changlin always wanted to avoid becoming just another factory worker.And 49-year-old Liang has certainly done that, as the company he founded in 2017, Dingdong Maicai, is about to go public in the US. Backed by investors including Softbank Group Corp and Tiger Global Management, the online grocery platform has priced its offering at US$23.5 per ADS, giving a total size of US$95.7 million.Liang became an…Read More

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