China's JD.com completes $1.5bn takeover of German appliance retailer
Business dealsE-commerce group's acquisition approved with EU market conditionsGerman consumer electronics retailer operates stores including Saturn and MediaMarkt. (Photo by Eiki Hayashi)TOMOKO WAKASUGINovember 14, 2026 03:43 JSTSHANGHAI -- JD.com has completed an acquisition of German consumer electronics retailer Ceconomy, aiming to link European physical and online stores using the know-how that the e-commerce company has cultivated in China.Read NextTradeChina accuses EU of overreach regard...
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