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Meituan Acquires Fresh Produce E-Commerce Giant Dingdong for $7.17 Billion

This acquisition represents a significant consolidation in the e-commerce sector, with a focus on...
February 5, 2026 by
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Key Metrics

10.16

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2026-02-05
Key Impacts
Positive Impacts (8)
China Online Grocery & Fresh-Produce E-commerce
Meituan (3690.HK)
Dingdong (DDL)
KraneShares CSI China Internet ETF (KWEB)
Packaging Material Manufacturers (plastic trays, biodegradable bags)
Agricultural Suppliers & Wholesale Produce Markets
Negative Impacts (2)
Alibaba Group Holding Ltd. (BABA) / Freshippo
Chinese Anti-trust & Platform Regulation Environment
Total impacts: 12 | Positive: 8 | Negative: 2
Event Overview

This acquisition represents a significant consolidation in the e-commerce sector, with a focus on fresh produce. The deal highlights strategic investment and expansion within the competitive Chinese market, emphasizing the growing importance of online grocery retail.

Collect Records
Meituan Acquires Dingdong for $7.17 Billion
2026-02-05 17:10

Meituan has announced the acquisition of all issued shares of Dingdong, a leading fresh produce e-commerce company in mainland China, for $7.17 billion. The agreement permits the sellers to withdraw up to $2.8 billion from Dingdong, provided that the net cash of Dingdong remains at least $1.5 billion. Following the acquisition, Dingdong will become an indirect wholly-owned subsidiary of Meituan, and its financial results will be consolidated into Meituan's financial statements.

Total records: 1
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