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How to buy Dingdong Maicai (DDL) stock when it goes public

Here's everything we know so far about the Dingdong Maicai IPO.

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Chinese grocery app operator Dingdong Maicai, which translates to "dingdong buy vegetables," is coming to the Nasdaq with an initial public offering on June 29.

Shares will trade as DDL and the estimated is #13.50 to $25.50. The company said June 28 it would release 3.7 million shares, down from a planned 14 million.

What we know about the Dingdong Maicai IPO

Dingdog, a Chinese grocery delivery app, may have downsized its offering after a competitor's disappointing IPO last week, Reuters reports.

How to buy shares in Dingdong Maicai when it goes public

Once Dingdong Maicai goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – DDL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Dingdong Maicai can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

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