JD.com is considering a potential acquisition of UK online retailer The Very Group for about GBP 2 billion. The Very Group, which operates brands incl…
just nowGuandianJD.com is considering a potential acquisition of UK online retailer The Very Group for about GBP 2 billion. The Very Group, which operates brands including Very and Littlewoods, reports annual revenue of about GBP 2.1 billion and offers flexible payment services through Key Pay.
The move would follow JD.com's earlier UK efforts, including its failed takeover bid for electricals group Currys and its…
JD.com has been hunting for acquisitions to expand amid weakness in the Chinese economy.
Beijing-based JD.com is in advanced talks with the retailer’s parent company, Sainsbury’s
The deal would allow JD.com, which competes with Alibaba and Amazon, to expand in Europe.
JD.com is pushing same-day delivery and international brands as a way to help it compete with Amazon.
Ceconomy operates two of Europe’s largest electronics retail chains with online shops and more than 1,000 brick-and-mortar stores…
