Renaissance Capital logo

DDC Enterprise Priced, NYSE American: DDC

Sells prepared food products and operates a recipe sharing platform in China.

Industry: Consumer Staples

Latest Trade: $0.84 0.00 (0.0%)

First Day Return: -26.9%

Return from IPO: -90.1%

Industry: Consumer Staples

We are a leading content driven (i.e. using content to reach and engage target customers) consumer brand offering easy, convenient ready-to-heat, ready-to-cook, ready-to-eat products. Our brands and products promote healthier lifestyle choices to our predominately Millennial and Generation Z customer-base. We are also engaged in the provision of advertising services. We were founded in Hong Kong in 2012 by Ms. Norma Ka Yin Chu, a highly regarded entrepreneur and a true cooking enthusiast, as an online platform which distributed food recipes and culinary content. Subsequently, we further expanded our business to provide advertising services to brands that wish to place advertisements on our platform or video content. In 2015, we entered the Mainland China market through the establishment of Shanghai DayDayCook Information Technology to engage in technology development of computer software, food circulation and advertising production in China. In 2017, we started expanded our business from content creation to content commerce. Later in 2019, we extened our business to include the production and sale of, among others, own-branded RTH, RTC convenient meal solution products.
more less
IPO Data
IPO File Date 06/16/2023
Offer Price $8.50
Price Range $9.50 - $11.50
Offer Shares (mm) 3.9
Deal Size ($mm) $33
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/16/2023
Offer Price $8.50
Price Range $9.50 - $11.50
Offer Shares (mm) 3.9
Deal Size ($mm) $33
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
CMB International Capital
The Benchmark Company
more
Company Data
Headquarters Hong Kong, China
Founded 2012
Employees 104
Website www.daydaycook.com

DDC Enterprise (DDC) Performance