News

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Chinese retailer JD to launch five discount stores as competition intensifies
The first outlet in Zhuozhou will span 5,000 square metres and will carry everything from detergent to chocolate, with prices ...
JD.com Makes $2.4 Billion Bid for Ceconomy in Bold Push to Build a Global Retail Empire
AsianFin -- JD.com has unveiled plans to acquire Germany’s Ceconomy AG—the parent of Europe’s leading consumer electronics ...
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The CCPA’s automated decisionmaking tool rules: New consumer rights and compliance challenges
On July 24, 2025, the California Privacy Protection Agency (CPPA) unanimously adopted a comprehensive rulemaking package under the California ...
Yicai Global7d
China’s JD.Com Falls After Unveiling USD2.5 Billion Bid for German Electronics Retailer Ceconomy
Ceconomy was spun off from German retailing giant Metro Group in 2017. Its two main brands, MediaMarkt and Saturn, operate ...
Chinese E-Commerce Giant JD.com Makes $2.5 Billion Bid To Buy Germany’s Ceconomy
Ceconomy operates two of Europe’s largest electronics retail chains with online shops and more than 1,000 brick-and-mortar stores across 11 markets.
JD.com Announces Decision to Make a Voluntary Public Takeover Offer and Strategic Investment Partnership with CECONOMY
JD.com, Inc. (“JD.com” or the “Company”) (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it ...
JD.com in Talks to Buy Germany’s Ceconomy for €2.2 Billion
Chinese e-commerce firm JD.com Inc. is in advanced talks to acquire Ceconomy AG in a deal that could value the German electronics retailer at about €2.2 billion ($2.6 billion).