Meituan to Acquire Dingdong Maicai for $717 Million; NIO Shares Surge Over 11% Premarket, Targeting Quarterly Profit by Q4 2025

Deep News02-05

Meituan is planning to acquire Dingdong Maicai for $717 million. Meanwhile, NIO's U.S. shares have surged more than 11% in premarket trading, with the company aiming to achieve quarterly profitability by the fourth quarter of 2025.

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