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…
Europees FMCG-nieuws
Vers nieuws uit voeding, dranken, persoonlijke verzorging, huishoudelijke verzorging, retail en FMCG-diensten, automatisch bijgewerkt en gelinkt naar de oorspronkelijke uitgever.
Chinese e-commerce giant JD.com opens a distribution center in Belgium
Chinese e-commerce giant JD.com is opening a large distribution center in Willebroek. From Decathlon’s former logistics hub, the company plans to expand its e-commerce operations…
JD.com returns to profit in Q2 despite rare dip in revenues
The company attributed the decline in top-line revenues primarily to a high base effect from the previous year
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…