- JD.com, a leading Chinese e-commerce platform, is in advanced talks to acquire Ceconomy, the parent company of MediaMarkt and Saturn.
- The proposed acquisition offer is €4.60 per share, surpassing Ceconomy’s current trading value of €4.21 per share.
- MediaMarkt and Saturn, key players in European electronics retail, face challenges in adapting to the increasing shift towards e-commerce platforms.
- JD.com aims to leverage MediaMarkt and Saturn’s established European presence to expand its global footprint and enhance its logistics network.
- Regulatory considerations are expected as the acquisition might bring iconic German brands under Chinese ownership amidst geopolitical tensions.
- This deal could enable MediaMarkt and Saturn to benefit from JD.com’s e-commerce expertise, enhancing their digital sales capabilities.
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JD.com's Proposed Acquisition of MediaMarkt and Saturn: Bringing German Retail Icons Under Chinese Ownership
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Mike Danyk
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Sources
HiFi.De
" MediaMarkt und Saturn: Chinesischer Online-Händler möchte Mutterkonzern übernehmen "
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1 August 2025
JD.com's Proposed Acquisition of MediaMarkt and Saturn: Bringing German Retail Icons Under Chinese Ownership
- JD.com, a leading Chinese e-commerce platform, is in advanced talks to acquire Ceconomy, the parent company of MediaMarkt and Saturn.
- The proposed acquisition offer is €4.60 per share, surpassing Ceconomy’s current trading value of €4.21 per share.
- MediaMarkt and Saturn, key players in European electronics retail, face challenges in adapting to the increasing shift towards e-commerce platforms.
- JD.com aims to leverage MediaMarkt and Saturn’s established European presence to expand its global footprint and enhance its logistics network.
- Regulatory considerations are expected as the acquisition might bring iconic German brands under Chinese ownership amidst geopolitical tensions.
- This deal could enable MediaMarkt and Saturn to benefit from JD.com’s e-commerce expertise, enhancing their digital sales capabilities.
Sources
HiFi.De
" MediaMarkt und Saturn: Chinesischer Online-Händler möchte Mutterkonzern übernehmen "
Discussion
💬
Comments will load when you scroll down
