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-0.00606060606060607 0.00303030303030297 0.0484848484848484 -0.0030303030303031 0 -0.0151515151515152 0.0151515151515151 -0.0030303030303031
Stock impact report

Dingdong Announces Entry into Definitive Agreement to Sell its China Business to Meituan

Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares) (DDL) 
Company Research Source: PR Newswire
SHANGHAI, Feb. 5, 2026 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, today announced that it has entered into a definitive Share Purchase Agreement (the "Share Purchase Agreement") with Two Hearts Investments Limited ("Buyer"), a wholly-owned subsidiary of Meituan (HKEX: 3690).Pursuant to the Share Purchase Agreement, Dingdong has agreed to sell to the Buyer all issued and outstanding shares of Dingdong Fresh Holding Limited, Dingdong's wholly-owned subsidiary incorporated in the British Virgin Islands ("Dingdong BVI" or the "Target Company"), which holds through a series of wholly-owned and majority equity interest subsidiaries substantially all of the Company's operations in China (the "Transaction"). The Company's international business is not part of the Transaction and will be retained by the Company following any necessary reorganizational processes to be completed prior to the closing of Show less Read more
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