2m 2m 2m 2m 2m 2m 2m
- $364.6MMarket Cap
- -6.10%1-Year Change
- Grocery StoresIndustry
Dingdong Sp ADR-A (DDL)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 51
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Alibaba Reportedly Eyeing A Super-Sized Bid For Pupu Following Meituan's Dingdong Deal
Alibaba is reportedly bidding $1.5 billion for Pupu, a dominant regional online grocer in Fujian province, more than double Meituan's $717 million acquisition of Dingdong. The bid reflects intensifying competition in China's instant commerce market, though the price wars are taking a financial toll on major players with heavy subsidies and declining profitability.
06/15/2026, 8:29 PM • Benzinga
Survival And Protectionism: Dingdong Surrenders To Meituan As India Blocks A Chinese Buyout
Dingdong agreed to sell its domestic grocery delivery operations to Meituan for $717 million, highlighting intense price wars in China's instant commerce sector. Meanwhile, India blocked a Chinese private equity firm's investment in an Italian company with Indian operations, signaling rising geopolitical protectionism in cross-border M&A deals.
02/25/2026, 1:16 PM • Benzinga
Dingdong Checks Out Of China Instant Commerce Wars With Sale To Meituan
Dingdong, one of China's earliest online grocers, is selling its core China business to rival Meituan for $717 million as it struggles to compete against larger e-commerce giants like Alibaba and JD.com in the intense instant commerce sector. The deal represents a consolidation in China's online retail landscape, with Dingdong's stock falling 14% following the announcement. The combined entity will create a significant player in China's grocery delivery market.
02/06/2026, 10:19 AM • Benzinga
Qdama Gears Up For Hong Kong IPO
China's largest community-based fresh grocer Qdama is preparing for a Hong Kong IPO after its aggressive franchise expansion encountered significant headwinds. Operating nearly 3,000 stores, the company reported a net loss of 288 million yuan in the first nine months of 2025 (excluding one-time adjustments), down from a peak of 3,700 stores. The company faces challenges including failed North China expansion, franchisee profitability issues, intense competition from well-funded rivals, and thin profit margins typical of the grocery sector.
01/20/2026, 9:57 AM • Benzinga
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
Dingdong (Cayman) Limited operates an e-commerce company in China. The company provides fresh groceries, including vegetables, meat and eggs, fruits, and seafood. It also offers prepared food, such as ready-to-eat, ready-to-heat, ready-to-cook, and ready-to-mix food; and other food products, such as baked goods, dairy, seasonings, beverages, oil, and snacks. The company offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms. Dingdong (Cayman) Limited was founded in 2017 and is headquartered in Shanghai, China.
Key Executives
- Xu Zhijian
- Song Wang
- Liang Changlin
- Ding Yi
- Zhou Chen
Current Ownership Distribution
- Institutions922.5M (91.07%)
- Insiders54.7M (5.40%)
- Mutual Funds35.8M (3.53%)
- Other0 (0.00%)