# fresh grocery

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.