Zhong Guo Jing Ying Bao·2026-02-05 09:40Group 1 - Meituan announced the acquisition of 100% equity of Dingdong Maicai's China business for approximately $717 million, excluding Dingdong Maicai's overseas operations [1] - Dingdong Maicai, a leading player in the domestic fresh food instant retail sector, reported a record revenue of 6.66 billion yuan for Q3 2025 and has achieved profitability for seven consecutive quarters [1] - The acquisition price exceeds Dingdong Maicai's market value of $694 million prior to the announcement [1] Group 2 - Meituan is accelerating its layout in the instant retail sector, with its Xiaoxiang Supermarket projected to exceed 20 billion yuan in agricultural product sales by 2025 [2] - Xiaoxiang Supermarket has established nearly 1,000 front warehouses in 20 cities and plans to expand to all first- and second-tier cities [2] - The opening of Xiaoxiang Supermarket's first store in Beijing attracted significant foot traffic, indicating strong market interest [2] Group 3 - Industry insiders believe that the completion of this acquisition will significantly enhance Meituan's competitiveness in the fresh food instant retail market [3]