2月5日，美团(03690.HK)发布公告，将以7.17亿美元初始对价收购叮咚买菜(DDL.NYSE)中国区业务全 部股权。这笔交易涉及超过1000个前置仓网络、700万月度购买用户，以及完整的生鲜供应链体系。交 易完成后，叮咚买菜将成为美团的间接全资附属公司，其财务业绩将并入美团报表。独立运营九年后， 这家曾实现连续12个季度盈利的生鲜电商平台正式进入巨头生态。北京时间2月6日，叮咚买菜股价报收 2.740美元，下跌14.38%，总市值收于5.94亿美元。这一市场估值与美团开出的价格形成鲜明反差，预 示着交易背后存在更深层的逻辑。 根据股份转让协议，交易设计包含多重约束条款：转让方Dingdong(Cayman)Limited(叮咚开曼公司)可在 交割前提取不超过2.8亿美元资金，但需确保目标集团Dingdong Fresh Holding Limited及其附属公司净现 金不低于1.5亿美元；协议设立五年竞业禁止期及分级终止费机制。此次收购使美团获得即时零售领域 的关键基础设施，行业竞争维度将从流量争夺转向实体网络与供应链的效率比拼。 战略纵深获取核心资产与网络能力 美团此次收购的战略目标是获取叮咚买菜在 ...

转自：新华财经 2月5日，记者从中国机械工业联合会召开的"2025年全年机械工业经济运行形势信息发布会"获悉，2025 年，机械工业经济运行呈高位趋缓、稳中有进态势。一季度实现良好开局；二季度受关税波动等因素影 响，增速有所放缓，但在各方积极应对下快速回稳；三、四季度延续高位趋缓走势，全年实现较快增 长。展望2026年，机械工业有望继续保持平稳运行态势，预计全年主要指标增速在5.5%左右。 2月5日，A股和港股行情有所分化。港股主要指数午后拉升，收盘逆势飘红。港股消费板块表现较为亮 眼，多只相关ETF涨幅居市场前列。值得注意的是，在港股市场近日的震荡调整中，恒生科技指数大幅 下挫。与大盘走势不尽如人意形成对比的是，港股中的消费和红利板块展现出较强韧性，多只相关基金 净值表现随之水涨船高。展望后市，多家公募机构认为，港股仍处于全球估值洼地，短期扰动或不改中 长期配置性价比，看好结构性投资机会。 近日，全球自动驾驶行业迎来新的融资进展，谷歌母公司Alphabet旗下专注自动驾驶的公司Waymo完成 千亿元级别融资，标志着其从示范到规模化落地将迎来关键拐点。视线转向国内，国内自动驾驶龙头也 纷纷报喜，小马智行和文远 ...

Group 1: Amazon Financial Performance - Amazon reported Q4 sales of $213.39 billion, exceeding the estimate of $211.49 billion, with earnings per share of $1.95, slightly below the forecast of $1.96 [2] - The company plans to invest approximately $200 billion in capital expenditures by 2026, indicating a strong commitment to growth and technology investment [2] - Amazon's projected revenue for Q1 is between $173.5 billion and $178.5 billion, reflecting continued growth expectations [2] Group 2: Stock Market Overview - Major U.S. stock indices experienced declines, with the Dow Jones down 1.2%, Nasdaq down 1.59%, and S&P 500 down 1.23% [3][4] - Large tech stocks saw significant drops, with Microsoft down nearly 5%, Amazon down over 4%, and AMD down over 3% [3][4] - The Nasdaq China Golden Dragon Index rose by 0.9%, with mixed performance among popular Chinese stocks [3] Group 3: Global Asset Performance - International oil prices fell sharply, with WTI crude oil down 2.84% to $63.29 per barrel and Brent crude down 2.75% to $67.55 [4] - Precious metals also declined, with spot gold down 1.27% to $4719.69 per ounce and silver down 5.51% to $67.07 per ounce [4] - Bitcoin dropped below $63,000, trading at $62,800, while Ethereum fell over 2.72% to $1,818 [4] Group 4: AI Developments - OpenAI launched a new coding model, GPT-5.3 Codex, which is 25% faster than its predecessor and allows users to create complex software using natural language [6] - Anthropic released a new AI model, Claude Opus 4.6, designed for financial research, which can analyze corporate data and generate detailed financial reports [8] Group 5: Mergers and Acquisitions - Meituan announced plans to acquire Dingdong for approximately $717 million, which will integrate Dingdong's financial performance into Meituan's reports [9] - NIO expects to achieve its first quarterly profit in Q4 2025, with adjusted operating profit projected between 700 million and 1.2 billion yuan [10]

Core Insights - The acquisition of Dingdong Maicai by Meituan for an initial consideration of $717 million marks a significant shift in the fresh e-commerce industry, indicating a transition from platform integration to vertical deepening in instant retail [2][4][11] Transaction Breakdown - The $717 million price is subject to adjustments based on financial metrics such as net cash and net working capital, ensuring Meituan acquires a financially healthy asset [5] - Dingdong's total assets reached 7.022 billion yuan with a net debt of 1.645 billion yuan as of September 30, 2025, and has achieved profitability under GAAP standards for seven consecutive quarters [5] - The payment structure includes a 90% upfront payment at closing, with the remaining 10% contingent on tax payments and confirmation of fund outflows, providing a safeguard for Meituan [5][6] Valuation Insights - An independent valuation report estimated Dingdong's equity value at $1.006 billion, with the initial acquisition price representing a nearly 30% discount, making it a favorable deal for Meituan [7][10] - Dingdong operates over 1,000 front warehouses and has over 7 million monthly active users, showcasing its strong supply chain capabilities and customer engagement [10] Strategic Implications - The acquisition is a strategic move for Meituan to enhance its grocery retail strategy, addressing previous challenges in supply chain depth within the fresh produce category [11][13] - By integrating Dingdong's supply chain resources and logistics capabilities, Meituan aims to create synergies between its delivery services and fresh produce offerings, enhancing overall efficiency [11][13] Market Impact - The merger is expected to reshape the competitive landscape of China's instant retail market, potentially giving Meituan and Dingdong an 80% market share in the front warehouse fresh retail sector, significantly surpassing competitors [14][15] - This consolidation indicates a shift from a fragmented market to an oligopolistic structure, emphasizing efficiency over aggressive spending in the fresh e-commerce sector [15]

重要的消息有哪些 1．2月5日，沪深北交易所均公布了2026年春节休市安排：2月15日（星期日）至2月23日（星期一）休市，2月24日（星期二）起照常开市。另外，2月14 日（星期六）、2月28日（星期六）为周末休市。此外，为保证节后交易正常进行，北交所定于2026年2月23日（星期一）9:15至12:00进行交易系统联调 测试。沪深港通方面，2月15日（星期日）至2月23日（星期一）不提供港股通服务，2月24日（星期二）起照常开通港股通服务。另外，2月14日（星期 六）、2月28日（星期六）为周末休市。 2．工信部等八部门印发《中药工业高质量发展实施方案（2026—2030年）》。其中提到，到2030年，培育一批引领带动能力突出的中药工业领航企业， 培育60个高标准中药原料生产基地。推动一批中药创新药获批上市，新培育10个中成药大品种，推动一批医疗机构中药制剂转化为中药创新药。 3．近日，国家网信办等11部门联合印发《关于提升境外人员入境数字化服务便利性的实施意见》。《实施意见》提出，到2027年，入境数字化服务国际 化、便利化程度显著提升，数字化基础服务更加畅通高效，居住、医疗、支付、旅游、公共服务等领域 ...

以下文章来源于36氪未来消费 ，作者任彩茹 李小霞 36氪未来消费 . 在这里看到消费的未来。36氪旗下官方账号。 36氪此前曾报道，小象超市2024年GMV接近300亿元，2025年约有100亿增长，2026年会更快地开城、开仓。 美团是防御，也是进攻。 文 ｜ 任彩茹 李小霞 编辑 ｜ 乔芊 来源｜ 36氪未来消费（ID：lslb168） 封面来源 ｜ IC photo 36氪获悉，美团已就全资收购叮咚买菜达成最终协议。 2月5日，美团于香港联交所发布公告，将以约7.17亿美元的初始对价，完 成对叮咚买菜中国业务100%股权的收购。 公告显示，叮咚买菜海外业务不在本次交易范围内，将在交割前完成剥离。交易过渡 期内，叮咚买菜将按照交易前的模式继续经营。 截至发稿，叮咚买菜市值6.94亿美元。 交易落定后，这不仅是本年度本地生活领域最重磅的整合，更意味着生鲜电商以独立平台形式"烧钱换规模"的时代告一段落。 叮咚买菜的被收购传闻已经有一段时间，此前市场多次流传京东集团有意收购，以强化其即时零售业务的链路。彼时，市场分析 认为，京东的仓配物流体系与叮咚买菜的前置仓网络结合，能在生鲜品类上形成协同，也能配合七鲜前置 ...

Group 1 - Meituan announced the acquisition of Dingdong Maicai for approximately $717 million, aiming to enhance operational efficiency and align with their mission of improving food quality and living standards [3] - Dingdong Maicai's CEO emphasized that the merger will not diminish their core competencies in product quality, service, and supply chain efficiency, but rather enhance their value on a larger platform [3] Group 2 - Faraday Future launched three series of EAI robots, with the Futurist series starting at $34,990, and received 1,211 paid pre-orders by the end of the launch event [7] - Tesla promoted Phil Duan to the position of Director of Autonomous Driving Engineering, coinciding with the launch of their Robotaxi service [9] Group 3 - Alibaba unified its AI model branding under "Qwen" to eliminate confusion from multiple names, with the core brand now being Qwen [11] - Baidu's Wenxin Assistant faced issues with WeChat blocking its red envelope sharing links, leading to a shift to a "password red envelope" format [11] Group 4 - Xiaomi reduced the safety mileage threshold for its assisted driving feature from 1,000 km to 300 km to help users gradually familiarize themselves with the technology [11] - Leap Motor's COO set a target of 1.05 million units for 2026, emphasizing a steady and efficient approach to growth [12] Group 5 - Bosch China denied rumors of layoffs, clarifying that personnel adjustments were limited to specific departments and were normal in the context of industry changes [15] - Tesla's Shanghai Gigafactory is projected to account for over half of Tesla's global deliveries by 2025 [15] Group 6 - TSMC plans to invest $17 billion in its Japan factory to mass-produce 3nm chips, supported by government subsidies [16] - OpenAI's CEO responded to competition from Anthropic, defending their advertising model and emphasizing their commitment to providing affordable AI services [16] Group 7 - North Chip Life successfully listed on the STAR Market, marking it as the first innovative medical device company to pass the new standards [17] - Qian Gu Technology completed a C round financing of 700 million yuan, with participation from multiple investment firms [18] Group 8 - The AI comic market in China is expected to see a significant increase, with over 80,000 related companies registered by 2025, reflecting a 37.1% year-on-year growth [22] - The global automotive market is projected to see China's market share reach 35.6% by 2025, with a notable increase in vehicle sales [22][23]

TOP 3 大新闻 今日热点导览 好想来涉事门店致歉信，涉事门店称会彻底整改 2月5日，好想来零食店礼泉长富路涉事门店发布致歉信，就"误将两名初中女孩当小偷扣留"一事致歉， 并称将彻底整改。 此前2月2日13时许，两名女孩在该店购物付款离店后，因为门店收到总部的一段监控视频提醒，因此两 个女孩被怀疑偷了货架的东西塞进包里，遭扣留20-30分钟；期间女孩想联系家长被拒，最终自行开包 自证清白，且被过往人员围观。女孩家长张女士下班后到店核实，确认监控无偷窃画面，索要监控遭拒 后与店员发生争执，门店随即报警。当晚门店负责人配合警方调查，民警证实两名女孩未偷窃，事件正 在推进处理。据张女士表述，两名内向的青春期女孩受此事影响较大，一人持续哭泣4小时，甚至出现 极端想法；其核心不满是门店未报警、未联系监护人，私自扣留孩子的行为。（大风新闻、大河报） 美团拟7.17亿美元收购叮咚：叮咚创始人发内部信回应 36氪获悉，美团公告，于2026年2月5日（非交易时段），收购方、转让方及梁昌霖订立股份转让协议， 据此（其中包括）收购方同意收购，而转让方同意出售转让方所持有目标公司Dingdong Fresh Holding Lim ...

买入叮咚买菜 美团不只盯上即时零售 零售江湖再被搅动。2月5日，美团宣布以约7.17亿美元初始对价，完成对生鲜即时零售平台叮咚买菜中 国业务100%股权的收购。后者成熟的生鲜供应链、超千家前置仓能为美团再添弹药。在行业人士眼 中，此举是美团应对京东、阿里围攻的防御性策略。 以即时零售为核心战场，电商行业已进入"巨头全面对抗"的新阶段，供应链能力、配送网络及数字化运 营成为平台赢得市场的关键变量，美团、京东和阿里三大巨头的差异化角逐将更为胶着。 填补区域空白 美团零售再扩版图。公告显示，美团高度重视即时零售业务，本次收购将有助于充分发挥双方在商品 力、技术、运营等方面的优势，为消费者提供更优质的消费和配送体验。公开资料显示，截至2025年9 月，叮咚买菜月购买用户数超过700万。 据了解，叮咚买菜的海外业务不在本次交易范围内，交易过渡期内，叮咚买菜将按交易前的模式继续经 营。2月5日，叮咚买菜创始人梁昌霖在内部信中表示，叮咚买菜的业务和团队将保持稳定。 美团此次出手，本质上是对即时零售赛道的战略补强。近年来，美团持续探索零售新业态，从"美团买 菜"的探索，到2023年后升级为"小象超市"；从"送餐"到"送一切" ...

紫金财经2月5日消息 美团今天发布公告，宣布将以约7.17亿美元的初始对价，完成对叮咚买菜中国业务100%股权的 收购。根据公告，叮咚买菜海外业务不在此次交易范围内，将在交割前完成剥离。 数据显示，上市4年多来，叮咚买菜市值最高约90.27亿美元，当前市值6.94亿美元，较历史最高点降幅达92.2%。 根据协议，转让方可从目标集团提取不超过2.8亿美元的资金，但需确保目标集团净现金不低于1.5亿美元。收购事项 完成后，叮咚将成为美团的间接全资附属公司，其财务业绩将并入美团的财务报表。 协议规定，转让方可以从目标集团提取不超过2.8亿美元的资金，但需确保交割时叮咚买菜净现金不低于1.5亿美元。 若交易因美团方原因未能完成，美团须支付1.5亿美元终止费；若因叮咚买菜方原因或未能通过反垄断审查，则终止 费分别为7500万美元。 交易过渡期内，叮咚买菜将按照原有模式继续经营。此次收购已成为2026年本地生活服务领域首笔超大型并购案。 截至2025年9月，叮咚买菜在国内共运营超过1000个前置仓，月购买用户数超过700万。其供应链能力突出，生鲜产 地直采率高，并建立了丰富的自有品牌产品矩阵。 2025年第三季度，叮咚买 ...