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Dingdong Maicai: Business and team are operating normally and stably, with unchanged quality standards.
IT Home, February 9th — This afternoon, Dingdong Maicai issued a statement via its official Xiaohongshu account, stating that the Dingdong Maicai business and team are operating normally and stably, and will continue to provide high-quality products and services as always. The company also announced that this year, Dingdong Maicai will remain open during the Spring Festival for the ninth consecutive year, with all business teams fully ensuring a positive Spring Festival shopping experience for users.
Meituan announced on the Hong Kong Stock Exchange on the afternoon of February 5th that it plans to acquire Dingdong Maicai for $717 million USD (Note: the current exchange rate is approximately 4.978 billion RMB).
Regarding the official signing of the sale agreement between Dingdong Maicai and Meituan, Dingdong Maicai founder Liang Changlin issued a company-wide letter to address employee concerns and uncertainties. Liang Changlin stated that Dingdong Maicai’s business and team will remain stable, “Everyone will still have a very stable development platform.”
Liang Changlin also discussed why they chose Meituan, saying that they are shifting from competition to collaboration, moving forward together.