We advised the underwriters on the IPO and Nasdaq listing

Davis Polk advised the representatives of the underwriters on Missfresh Limited’s initial public offering of 21,000,000 American depositary shares. The aggregate offering size of the IPO is approximately $273 million. Missfresh Limited has granted the underwriters an option to purchase up to an aggregate of 3,150,000 additional ADSs. The ADSs are listed on the Nasdaq Global Select Market under the ticker symbol “MF.”

Missfresh Limited is an innovator and leader in China’s neighborhood retail industry. Missfresh Limited operates an integrated online and offline on-demand retail business that offers fresh produce and fast-moving consumer goods.

The Davis Polk corporate team included partners Li He and James C. Lin, counsel Kevin Zhang and associate Mendtuvshin (Mendee) Enkhtaivan. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Hong Kong, Beijing, London and New York offices.