InvestmentsTop Global NewsMarketsReal Estate SoftBank-backed Dingdong valued at US$6.6 billion as shares rise 19per cent in NYSE debut By financialnews_rlv83x - June 29, 2021 0 118 Shares of Dingdong, backed by SoftBank Vision Fund II, opened 19per cent above their offer price in their debut on the New York Stock Exchange on Tuesday, giving the Chinese grocery app a valuation of US$6.6 billion.