# acquisition
Latest news and articles about acquisition
Total: 3 articles found
Meituan Acquires Dingdong Maicai for $717m, Accelerating Consolidation of China’s Fresh‑Grocery Market
Meituan will acquire Dingdong Maicai for US$717 million, bringing the fast‑delivery grocer into its fold while excluding Dingdong’s overseas business. The deal consolidates China’s competitive fresh‑grocery sector and gives Meituan scale and logistics density that could improve last‑mile economics.
SpaceX to Absorb xAI — Musk Bets on Marrying Artificial Intelligence with Orbital Infrastructure
SpaceX has announced the acquisition of Elon Musk’s AI company xAI, signaling an intention to integrate advanced AI capabilities with the Starlink satellite network. The deal could reshape competition between cloud and AI incumbents while raising regulatory and security questions about data, export controls and dual-use applications.
Anta’s Big Gamble: Buying a Stake in Puma to Jumpstart Global Ambitions
Anta Sports has agreed to buy a 29.06% stake in Puma for €1.5bn, becoming the German brand’s largest shareholder as it seeks faster international growth. The transaction gives Anta global brand heft but presents integration challenges: Puma already competes in China, the stake is non‑controlling, and Puma’s recent losses highlight the turnaround work ahead.