Xin Jing Bao·2026-02-05 09:44Group 1 - The core point of the article is that Meituan announced the acquisition of 100% equity in Dingdong Maicai's China business for approximately $717 million, with the overseas business excluded from the transaction [1] - Dingdong Maicai, founded in 2017, is a leading fresh food instant retail platform in China, known for its "29-minute delivery" service [1] - As of Q3 2025, Dingdong Maicai achieved a record quarterly revenue of 6.66 billion RMB and a net profit of 80 million RMB, marking seven consecutive quarters of profitability under GAAP standards [1] Group 2 - Meituan emphasizes the importance of instant retail and aims to leverage Dingdong Maicai's strengths in product quality, technology, and operations to enhance consumer experience [1] - As of September 2025, Dingdong Maicai had over 7 million monthly purchasing users, benefiting from a strong supply chain and direct sourcing model [1] - In recent years, Meituan has been exploring new retail formats like Xiaoxiang Supermarket to meet the growing demand for instant retail in China, with expectations for agricultural product sales to exceed 20 billion RMB by 2025 [2]