US Stock Movement | A Fresh Food Sector Shakeup? Dingdong (Cayman) Limited (DDL.US) Surges Over 4% in Pre-Market on Rumors of JD.com Acquisition

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On Friday, shares of Dingdong (Cayman) Limited (DDL.US) surged more than 4% in pre-market trading to $2.84. Market rumors have circulated suggesting that Dingdong might be acquired by JD.com. Neither company has commented on the speculation.

It is reported that JD.com has been aggressively expanding its offline retail market presence in recent years, with its self-operated supermarket, 7FRESH, rapidly entering new cities. On December 19th, the first 7FRESH store in Shijiazhuang opened, where items like "24-hour vegetables" and "7-day fresh eggs" became hot sellers; the store offers a wide range of categories including vegetables, fruits, meat, poultry, eggs, beverages, alcohol, snacks, baked goods, aquatic products, and home essentials.

According to its financial report, Dingdong achieved revenue of 5.98 billion yuan in Q2 2025, a year-on-year increase of 6.7%. Its Gross Merchandise Volume (GMV) reached 6.5 billion yuan, up 4.5% year-on-year, while the total number of orders grew by 5.5%. The company reported a net profit of 100 million yuan, soaring 59.7% compared to the same period last year, marking its sixth consecutive quarter of profitability. Under Non-GAAP measures, net profit was 130 million yuan, an increase of 23.9%, representing the eleventh straight quarter of Non-GAAP profitability.

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