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Dida Inc. ( (HK:2559) ) just unveiled an announcement.
Dida Inc. has become the target of a voluntary conditional general cash offer, with Nomura International (Hong Kong) acting on behalf of eLong, Inc. to acquire all issued shares in the Hong Kong-listed company. As of 5 August 2026, the offer has secured valid acceptances for about 51.74% of Dida’s shares, largely driven by irrevocable undertakings from key shareholders representing more than half of the company’s equity.
With the acceptance threshold surpassed and all other conditions met, the share offer is now unconditional, giving the offeror and its concert parties effective control of Dida Inc. The transaction consolidates ownership under eLong and its parent Tongcheng Travel Holdings, potentially reshaping Dida’s strategic direction and governance while signaling further integration within China’s broader online travel and mobility ecosystem.
More about Dida Inc.
Dida Inc., incorporated in the Cayman Islands and listed in Hong Kong, operates in the travel and mobility services sector alongside Tongcheng Travel Holdings, reflecting a focus on online travel and related platforms. The company’s shareholder base includes entities such as 5brothers, Leap Profit, Smart Canvas Investment Limited and Star Celestial Holdings, which together hold a majority stake.
Average Trading Volume: 5,522,299
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.42B
Learn more about 2559 stock on TipRanks’ Stock Analysis page.