Meituan Class B

03690: XHKG (HKG)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
LOCK|h<LOCK|TY&#nLOCK|<xfDx&

Meituan: Strategic Acquisition of Dingdong Fresh at a Fair Price

Meituan agreed to acquire 100% of Dingdong Fresh, an on-demand fresh grocery e-commerce business in China, for USD 717 million, provided that Dingdong Fresh maintains minimal net cash of USD 150 million. Closure of the deal is pending regulatory and shareholder approvals.

Sponsor Center