Food consumer brand DDC Enterprise Limited (DDC) or DayDayCook, Tuesday said that it has agreed to acquire Ready-To-Eat Thai food brand, Yai's Thai, in a cash and stock deal.
DDC said that the acquisition will help to expand its presence among key food retailers.
Yai's Thai expects revenue of $8 million to $10 million for fiscal year 2023. It expects continued growth in 2024.
Currently, DDC's stock is falling 0.42%, to $4.73 on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.