Hong Kong, February 5, 2026 — Meituan introduced that on February 5, 2026 (throughout a non-trading session), the client, the vendor, and Mr. Liang Changlin signed a share switch settlement. Below the settlement, the client has agreed to amass, and the vendor has agreed to promote, all issued shares of the goal firm, with an preliminary consideration of roughly US$717 million (topic to adjustment). The vendor could extract as much as US$280 million from the goal group’s funds, however the internet money of the goal group should stay a minimum of US$150 million.
Dingdong is a number one contemporary grocery e-commerce firm in mainland China, based and managed by Mr. Liang Changlin. The goal firm is Dingdong’s wholly-owned direct subsidiary. Upon completion of the acquisition, the goal firm will turn out to be an oblique wholly-owned subsidiary of Meituan, and the monetary outcomes of the Dingdong group will likely be consolidated into Meituan’s monetary statements.
Supply: Tencent Information
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