Dingdong to Sell China Business Operations to Meituan in Newly Announced Agreement

Dingdong (Cayman) Limited has entered into a definitive agreement to sell its China business operations to Meituan, according to an announcement made on February 5, 2026. The company confirmed the decision through an official statement but did not disclose specific financial details of the transaction. This development marks a significant shift for Dingdong, which has been operating in China’s competitive online grocery delivery market.

The agreement outlines that Meituan will acquire all assets and operations related to Dingdong’s business in China. Both companies have yet to provide further information regarding the timeline or terms of the deal. The move comes as Dingdong continues to evaluate its strategic priorities amid evolving market conditions. Meituan, a major player in China’s food delivery and e-commerce sectors, is expected to integrate these operations into its existing platform upon completion of the acquisition.

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Date: February 5, 2026

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GOAI