US Stock Market Move | Fresh food market about to change? Dingdong (Cayman) Ltd. Sponsored ADR Class A (DDL.US) rose more than 4% before the market, with rumors of possible acquisition by JD.com, Inc. Sponsored ADR Class A.
On Friday, DDL.US was up more than 4% in pre-market trading, trading at $2.84.
On Friday, Dingdong (Cayman) Ltd. Sponsored ADR Class A (DDL.US) rose more than 4% before market opening, reaching $2.84. There are rumors in the market that Dingdong (Cayman) Ltd. Sponsored ADR Class A is going to be acquired by JD.com, Inc. Sponsored ADR Class A. Both parties have not commented on this. It is reported that JD.com, Inc. Sponsored ADR Class A has been focusing on the offline retail market in recent years, and its self-operated supermarket JD.com, Inc. Sponsored ADR Class A Fresh has rapidly expanded. On December 19th, JD.com, Inc. Sponsored ADR Class A Fresh opened its first store in Shijiazhuang with 24-hour fresh vegetables and 7-day fresh eggs being popular products, covering a variety of categories including fruits and vegetables, meat and eggs, beverages, snacks, bakery, seafood, household items, etc.
According to the financial report, Dingdong (Cayman) Ltd. Sponsored ADR Class A's revenue in Q2 of 2025 reached 5.98 billion yuan, a year-on-year increase of 6.7%; GMV was 6.5 billion yuan, a year-on-year increase of 4.5%; total orders increased by 5.5% year-on-year. The company achieved a net profit of 1 billion yuan, a year-on-year increase of 59.7%, and has been profitable for six consecutive quarters. The non-GAAP net profit under the standard was 1.3 billion yuan, a year-on-year increase of 23.9%, achieving non-GAAP profit for 11 consecutive quarters.
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