(Reuters) – Chinese grocery app Dingdong, backed by SoftBank Vision Fund 2, raised about $95.69 million in its U.S. initial public offering on Tuesday after downsizing it on Monday.
The company was earlier planning to raise up to $357 million in its IPO.
(Reporting by Sohini Podder in Bengaluru; Editing by Vinay Dwivedi)
