---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38740613.md"
description: "$PDD(PDD.US)Meituan only has about 130 billion yuan in cash on its books. At this rate, it can still lose money for 3-4 years. Alibaba said it will increase investment in the next three years, seemingly determined to completely exhaust Meituan.Pinduoduo has over 60 billion US dollars on its books, enough to buy the entire Meituan.Is it possible that Pinduoduo will directly acquire Meituan?"
datetime: "2026-02-14T06:32:05.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38740613.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38740613.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38740613.md)
author: "[鹏磊](https://longbridge.com/en/profiles/11662429.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38740613.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38740613.md)


# $PDD(PDD.US)Meituan only has about 130 billion yua…


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## Comments (1)

- **天怼heng · 2026-02-15T04:05:54.000Z**: Foolproof analysis, foolproof logic. According to your logic, why didn't Alibaba just buy Meituan instead of messing around with Ele.me?