Added to YB: 2026-09-16
Pitch date: 2026-09-14
DDL [bullish]
Dingdong (Cayman) Limited
Author Info
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Company Info
Dingdong (Cayman) Limited operates an e-commerce company in China. The company provides fresh groceries, including vegetables, meat and eggs, fruits, and seafood.
Market Cap
$3.1B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.67
P/E
-804.43
EV/Sales
0.08
Sector
Consumer Staples Distribution and Retail
Category
special_situation
Dingdong (Cayman) Limited - $DDL
DDL: Dingdong offers event-driven upside from selling its China business to Meituan for $717M while retaining the right to extract another $280M; management expects $997M less costs versus a ~$505M market cap and intends to return at least 90% of post-closing cash. Shareholders have approved the deal, but SAMR clearance and timing remain the key risks; $75M-$150M break fees provide some downside protection. Alibaba and JD participated in the bidding, and Alibaba later offered $1.5B for Pupu, reinforcing Meituan’s incentive to close.
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