China’s JD.com receives final approval to acquire MediaMarkt and Saturn
Chinese e-commerce giant JD.com has been cleared to acquire MediaMarkt’s parent company, Ceconomy. The European Commission has granted the final necessary approval. Nothing now…
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[Analysis] Will Europe allow JD.com to acquire MediaMarkt and Saturn?
The European Commission must decide by October 23 whether JD.com is allowed to acquire the parent company of MediaMarkt and Saturn. To that end, Brussels is examining whether the…
JD.com makes commitments in the MediaMarkt acquisition case
Chinese e-commerce giant JD.com is reported to have made commitments to the EU as part of the investigation into its acquisition of Ceconomy, the parent company of electronics…
China aims to block European investigation into MediaMarkt acquisition
China is instructing its companies and institutions not to cooperate with the European investigation into the Chinese e-commerce giant JD.com. The Ministry of Justice in Beijing…
JD.com returns to profit in Q2 despite rare dip in revenues
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JD.com reports first revenue decline in ten years
Chinese retail giant JD.com, which is preparing to acquire MediaMarkt in Europe, is facing its first quarterly decline in revenue in more than a decade. Nevertheless, the company…
EU outlines its objections to JD.com’s acquisition of MediaMarkt
The European Commission is taking a new step in the proceedings regarding JD.com's planned acquisition of MediaMarkt owner Ceconomy. Specifically, the EU is investigating whether…