Meituan Class B
03690: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|h< | LOCK|TY&#n | LOCK|<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.
