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IPO

Chinese online grocery startups bulk up to fight bigger players

Missfresh and Dingdong seek more than $850m from New York IPOs

Dingdong Maicai has raised $1.3 billion from investors including SoftBank Vision Fund II, Tiger Global Management and General Atlantic.   © Reuters

HONG KONG -- Chinese online grocery startups Missfresh and Dingdong Maicai are headed to Wall Street to boost their firepower to fend off big tech rivals in an intensifying battle over the country's vast fresh produce market.

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