✉news BusinessRetail first seen 1 d ago, last 1 d ago, peak #17
JD.com wins EU approval to acquire Ceconomy
Original: JD.com wins EU approval for acquisition of Ceconomy
Chinese e-commerce group JD.com has received European Union approval to acquire Ceconomy, the German retail company that operates the MediaMarkt and Saturn electronics store chains. The deal gives JD.com a major physical retail footprint across Europe, and analysts are watching how the online giant will integrate Ceconomy's store network with its logistics and marketplace operations.
Why now: EU antitrust clearance is a major regulatory milestone that moves the high-profile cross-border retail acquisition toward completion
JD.comCeconomyEuropean UnionMediaMarktSaturn
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