Bei Ke Cai Jing·2026-02-05 11:13Group 1 - Meituan announced the acquisition of 100% equity of Dingdong Maicai's China business for approximately $717 million [1] - The overseas business of Dingdong Maicai will be excluded from this transaction and will be divested before the closing [2] - Dingdong Maicai, founded in 2017, went public on the New York Stock Exchange in 2021, with a market capitalization of $694 million as of February 5 [3] Group 2 - In Q3 2025, Dingdong Maicai reported revenue of 6.66 billion yuan and a net profit of 80 million yuan, achieving GAAP profitability for seven consecutive quarters [4] - Dingdong Maicai had over 7 million monthly purchasing users as of September 2025 [4] - Meituan operates a fresh food instant retail platform called "Meituan Maicai," which was renamed "Xiaoxiang Supermarket" in December 2023, expanding its delivery categories [4] Group 3 - Meituan emphasized the importance of instant retail business, stating that the acquisition will leverage both companies' strengths in product, technology, and operations to enhance consumer experience [5]