Core Viewpoint - Meituan announced the acquisition of 100% equity in Dingdong Maicai's China business for approximately $717 million, excluding its overseas operations [1] Group 1: Acquisition Details - The acquisition will be completed with an initial consideration of about $717 million [1] - Dingdong Maicai's overseas business will be separated before the transaction closes, and the company will continue to operate as usual during the transition period [1] Group 2: Company Performance - Dingdong Maicai, founded in 2017, is a leading fresh food instant retail platform in China, known for its "29-minute delivery" service [1] - The company achieved a record quarterly revenue of 6.66 billion RMB and a net profit of 80 million RMB in Q3 2025, marking seven consecutive quarters of profitability under GAAP standards [1] - As of February 5, 2025, Dingdong Maicai's market capitalization was $694 million [1] Group 3: Strategic Alignment - Meituan emphasizes the importance of instant retail, and the acquisition aligns with its mission to enhance consumer experience through better products and services [1] - Dingdong Maicai's philosophy of "good users, good products, good service, good mindset" is in line with Meituan's mission of helping people eat better and live better [1] - As of September 2025, Dingdong Maicai had over 7 million monthly purchasing users [1]

北京商报讯（记者 何倩）2月5日，针对美团发布的收购公告，叮咚买菜创始人梁昌霖发布内部信。他表示，双方合并之后，叮咚的三大核心竞争力：极 致的商品力、超预期的服务力、和通过供应链系统打造的极致效率，不会因为合并而消失，反而会在更大的平台上发挥更大的价值。 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。 "我们可以一起去服务更广阔的市场，让美好的食材像自来水一样触手可及，普惠万众。"梁昌霖认为，这与美团的使命"帮大家吃得更好，生活更好"高度 契合。面向未来，公司做出了一个更具远见的决定：放下相向的较量，转为并肩的同航。这是两条强劲河流的汇合，必将奔向更加壮阔的海洋。 "当然，我们也深知河道曲折，这需要大家的共同努力。"梁昌霖说。 同时，梁昌霖提及，叮咚买菜的业务和团队会保持稳定，员工仍会有非常稳定的发展平台。而且，美团的业务版图非常广阔，这次合并为大家打开了更大 的职业空间。 可 删除 ○ 拒收 ◇ 回复 《 回复全部 c》转发 ○转发到聊天 致叮咚买菜全体同事的一封信 * 各位叮咚的同学们: 6 0 0 @ … 2/5 周四 详情 今天,我们正式 ...

大公司： 日发精机：聘任李永龙为公司副总裁 36氪获悉，日发精机公告，公司董事会同意聘任李永龙为公司副总裁，任期自本次董事会审议通过之日 起至第九届董事会任期届满之日止。 投融资： 美团：拟7.17亿美元收购叮咚 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 Limited全部已发行股份，初始代价为7.17亿美元（可予调整），惟转让方可从目标集团（目标公司及其 附属公司）提取不超过2.80亿美元的资金后，仍需确保目标集团净现金不低于1.50亿美元。 小米汽车将辅助驾驶安全里程门槛降至300公里 36氪获悉，小米汽车宣布，最新版本OTA已陆续推送，辅助驾驶安全里程门槛降低。小米汽车介绍，辅 助驾驶安全里程门槛从1000km降至300km，设定这样的门槛，是为了让大家可以先逐步熟悉辅助驾驶 功能，培养充分的安全意识。小米汽车提醒，辅助驾驶不是自动驾驶，请时刻关注路况，及时控制车 辆。 吉利及雷诺合资公司浩思动力首次亮相印度ACMA展，开拓新兴市场 ...

即时零售赛道风云再起，美团7.17亿美元拿下叮咚！ 2月5日盘后，美团公告表示，公司拟以7.17亿美元收购中国大陆领先的生鲜电商企业叮咚的全部已发行 股份。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。此次收购将使目标公司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。 美团给出叮咚估值约为50亿元 按照美团7.17亿美元的出价和当下汇率计算，此次美团给出叮咚估值约为50亿元，略微高于叮咚48.15亿 元的市值，但并没有显著溢价。截至2月4日，叮咚买菜收盘报3.2美元/股，总市值48.15亿元。受收购消 息刺激，叮咚买菜盘前涨超4%，报3.33美元/股。 | 可鸣买菜 DDL | | | | --- | --- | --- | | 延3. 200 | +0.010 | 40.31% | | 盘前价 | 3.330盘前涨幅 | +4.0629 | | 盘前涨跌 | +0.130美尔刚刚 | 04:24 | | 卖价 | | | | STERES | | | 据36氪报道，美团旗下的小象超市也在加快进度，2026年原本计划开出700个前置仓站点 ...

Core Viewpoint - Meituan announced the acquisition of 100% equity in Dingdong Maicai's China business for approximately $717 million, excluding its overseas operations, which will be divested prior to the transaction [1][2]. Group 1: Acquisition Details - The acquisition price for Dingdong Maicai is approximately $717 million [1]. - Dingdong Maicai will continue its operations as usual during the transition period before the deal closes [1]. - As of February 5, Dingdong Maicai's market capitalization was $694 million [1]. Group 2: Company Performance - Dingdong Maicai, founded in 2017, is a leading fresh food instant retail platform in China, known for its "delivery in as fast as 29 minutes" service [1]. - The company achieved a record quarterly revenue of 6.66 billion RMB in Q3 2025, with a net profit of 80 million RMB, marking its seventh consecutive quarter of profitability under GAAP standards [1]. - As of September 2025, Dingdong Maicai had over 7 million monthly purchasing users [4]. Group 3: Strategic Alignment - Meituan emphasizes the importance of instant retail and believes that Dingdong Maicai's philosophy of "good users, good products, good service, good mindset" aligns well with its own mission of helping people eat better and live better [3]. - The acquisition is expected to leverage both companies' strengths in product quality, technology, and operations to enhance consumer experience in terms of consumption and delivery [3].

作者 | 任彩茹 李小霞 编辑 | 乔芊 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，也能配合七鲜前置仓的加速扩张。 "此前的确是京东在谈，美团没有参与，但后期美团突然参与进来。京东对叮咚表示，'美团是来搅局 的'，老梁（叮咚买菜创始人梁昌霖）一开始也比较踟蹰美团的真实意图。"一位接近交易人士称。"美 团的出发点也有防御意味，假如叮咚被对手吃掉，价格战又在所难免。" 一位叮咚买菜的投资人表示，"它哪怕今天市值不高，但我依然对老梁（梁昌 ...

Core Viewpoint - Meituan has reached a preliminary agreement to acquire a majority stake in the fresh food e-commerce platform Dingdong Maicai for approximately $717 million, which could significantly reshape the competitive landscape in China's fresh retail sector [1][2][3] Summary by Sections Meituan's Strategic Intent - The acquisition is a strategic move for Meituan, which, despite having established its "Meituan Grocery" and "Meituan Preferred" businesses, faces intense competition from vertical rivals like Dingdong Maicai and Meiri Youshu [1][2] - By acquiring Dingdong, Meituan aims to gain access to its well-established front warehouse network in first- and second-tier cities, a loyal user base, and professional fresh supply chain capabilities [1][3] Defensive Acquisition - Analysts view this acquisition as a critical enhancement to Meituan's instant retail landscape and an efficient "defensive acquisition" against competitors like ByteDance and Alibaba, which have been intensifying their efforts in instant retail [3] - The integration of Dingdong into Meituan's ecosystem is expected to solidify Meituan's absolute advantage in the high-frequency fresh goods category and strengthen its "everything to home" moat [3] Dingdong Maicai's Position - For Dingdong Maicai, accepting the acquisition is a pragmatic response to dual pressures from the capital market and operational challenges, especially since its IPO in 2021 [2][3] - Although Dingdong has improved its gross margin and reduced losses through strategic contraction, it has struggled to achieve profitability, making independent survival increasingly challenging [2][3] - The $717 million offer provides Dingdong's shareholders with a clear exit and value realization pathway, and joining Meituan's ecosystem could end its prolonged struggle for survival, allowing its supply chain and operational strengths to be leveraged on a larger platform [2][3]

Group 1 - The core point of the news is that Meituan announced the acquisition of 100% equity of Dingdong Maicai's China business for approximately $717 million, with Dingdong Maicai's market value at $694 million prior to the announcement [1][3] - Dingdong Maicai's overseas business will not be included in this transaction and will be divested before the closing [3] - Dingdong Maicai, founded in 2017, is a leading fresh food instant retail platform in China, known for its "delivery in as fast as 29 minutes" service [3] Group 2 - In 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 [3] - Meituan emphasizes the importance of instant retail and believes that Dingdong Maicai's philosophy aligns well with its mission to enhance consumer experience [5] - As of September 2025, Dingdong Maicai had over 7 million monthly purchasing users, benefiting from strong supply chain capabilities and a nationwide direct sourcing model [5]

Group 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]

美团方面表示，本次收购将整合双方在商品力、技术、运营等领域的优势，进一步提升消费者的消费与 配送体验。 2月5日，美团于香港联交所发布公告称，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。本次交易中，叮咚买菜海外业务不在收购范围内，将在交割前完成剥离；交易过渡 期内，叮咚买菜将维持原有运营模式。 近年来，美团正加速布局即时零售赛道，旗下小象超市已成为核心业态。有关数据显示，小象超市2025 年农产品销售额预计超200亿元，目前已在全国20个城市开设近千个前置仓，并计划逐步覆盖所有一、 二线城市，其"源头直采"项目也将拓展至全国200个县级农产区。另外，小象超市线下店也在国内市场 落地，2025年年底小象超市北京首店开业就吸引了大量人流。 作为国内生鲜即时零售赛道的头部玩家，叮咚买菜创立于2017年，于2021年登陆纽交所，主打"最快29 分钟送达"的前置仓配送模式。 财务数据显示，2025年三季度，叮咚买菜营收达66.6亿元，创历史季度新高；净利润0.8亿元，连续7个 季度实现GAAP标准下盈利。截至2025年9月，叮咚买菜的月购买用户数超700万户，依托领先的供应链 能力与全国 ...