JD.com Offers to Buy Ceconomy in Deal Valuing It at €2.2 Billion
BloombergWednesday, July 30, 2025 at 10:57:26 PM
Chinese e-commerce giant JD.com has made a move to snap up Germany's Ceconomy, the parent company of MediaMarkt and Saturn, in a deal worth roughly €2.2 billion. If it goes through, this could give JD.com a stronger foothold in Europe's electronics retail market while expanding Ceconomy's digital reach.
Editor’s Note: This isn’t just another corporate buyout—it’s a sign of how Chinese tech firms are aggressively expanding into Europe. For JD.com, it’s a chance to tap into Ceconomy’s massive brick-and-mortar network. For shoppers, it could mean more seamless online-offline shopping experiences. But regulators might eye this closely, given rising scrutiny over foreign takeovers in key sectors.
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