JD.com's acquisition of Germany's CECONOMY wins conditional EU approval, deal set to close
The European Commission announced on November 3 that it had conditionally approved JD.com's acquisition of CECONOMY, clearing the last regulatory hurdle, with all offer conditions now met and closing expected within days. JD.com and CECONOMY committed to conducting internal transactions, including financing, on market terms for 10 years, and JD.com will offer its warehousing, logistics and technology services to third parties on the same terms it gives CECONOMY. Why it matters: CECONOMY operates in 11 European countries with more than 50,000 employees and over 1,000 stores under brands including MediaMarkt, MediaWorld and Saturn, so closing gives JD.com a large European retail footprint at once.
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- IT之家2026-11-04 01:25