u/ShowMeTheIncentives · 39d ago1 prior · awaiting results
Dingdong (Cayman) Ltd $DDL
Dingdong is selling its China business to Meituan for $717m plus $280m available from the China subsidiary, totaling ~$997m in cash against a $505m market cap. Management has committed to returning 90% of proceeds to shareholders, implying significant upside after taxes and transaction costs.
At post $2.22Now $1.96-11.7% since postedas of Oct 23, 4:45 PM ET
1d-0.9%
3d0.0%
1w+2.7%
1m-1.8%
3m—
6m—
1y—