Frankfurt, Germany, July 31, 2025 (AFP) - China's JD.com set to acquire German electronics giant

NAMPA / AFP

2025-07-31

Chinese e-commerce group JD.com looks set to acquire a German electronics retail giant, both sides said, in a 2.2-billion euro deal that would boost the Chinese group's presence in Europe. The Chinese company said in a statement late Wednesday it had signed a deal with Ceconomy, the parent company of two major retailers, MediaMarkt and Saturn. The retailers have a network of more than 1,000 electronics stores, many of them in Germany but also in......

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