Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares)

Alibaba is reportedly bidding $1.5 billion for Pupu, a dominant regional online grocer in Fujian province, more than double Meituan's $717 million acquisition of Dingdong. The bid reflects intensifying competition in China's instant commerce market, though the price wars are taking a financial toll on major players with heavy subsidies and declin...

Dingdong agreed to sell its domestic grocery delivery operations to Meituan for $717 million, highlighting intense price wars in China's instant commerce sector. Meanwhile, India blocked a Chinese private equity firm's investment in an Italian company with Indian operations, signaling rising geopolitical protectionism in cross-border M&A deals.

Dingdong, one of China's earliest online grocers, is selling its core China business to rival Meituan for $717 million as it struggles to compete against larger e-commerce giants like Alibaba and JD.com in the intense instant commerce sector. The deal represents a consolidation in China's online retail landscape, with Dingdong's stock falling 14%...

China's largest community-based fresh grocer Qdama is preparing for a Hong Kong IPO after its aggressive franchise expansion encountered significant headwinds. Operating nearly 3,000 stores, the company reported a net loss of 288 million yuan in the first nine months of 2025 (excluding one-time adjustments), down from a peak of 3,700 stores. The ...

The global crowdfunding market is expected to grow from $19.86 billion in 2023 to $72.88 billion by 2032, driven by increased adoption in healthcare and the popularity of reward-based crowdfunding.