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SoftBank-backed Dingdong raises $95.7 mln in downsized U.S. IPO

June 29 (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)

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