China’s JD.com launches €2.2bn offer for German electronics retailer Ceconomy
Deal would rank as one of the largest Chinese acquisitions in Europe for years
Deal would rank as one of the largest Chinese acquisitions in Europe for years

Chinese E-Commerce Giant JD.com Makes $2.5 Billion Bid To Buy Germany’s Ceconomy

JD.com to buy German electronics retailer Ceconomy for US$2.5 billion

Mediamarkt: JD.com legt Angebot für Ceconomy vor

Mediamarkt und Saturn bekommen einen chinesischen Großaktionär

Mediamarkt und Saturn sollen chinesischen Eigentümer bekommen

Ceconomy operates two of Europe’s largest electronics retail chains with online shops and more than 1,000 brick-and-mortar stores…

The deal would allow JD.com, which competes with Alibaba and Amazon, to expand in Europe.

JD.com has been hunting for acquisitions to expand amid weakness in the Chinese economy.

JD.com will launch service under its Joybuy brand after previously trying to crack the market in 2022

Other member states have also put the deal under scrutiny, including an ongoing foreign investment clearance process in Austria…

European Commission launches in-depth investigation under Foreign Subsidies Regulation in latest instance of Brussels-Beijing…