German electronics retailer Ceconomy is in talks with JD.com for a possible takeover. JD.com may offer €4.60 per share, valuing Ceconomy at about €2.2bn. No final agreement has been made yet. Ceconomy’s largest shareholders are the Kellerhals and Haniel families, with 36.3% publicly traded.

Ceconomy’s MediaMarkt and Saturn brands operate over 1,000 stores and employ 50,000 staff. In 2023/24, Ceconomy had total sales of €22.4bn, with €5.1bn online. JD.com’s logistics network could enhance Ceconomy’s physical retail operations. JD.com reported Q1 2025 revenues of $41.5bn.

JD.com recently launched an export-to-domestic sales program, aiming for at least 200bn yuan in domestic sales. In 2024, Walmart sold its stake in JD.com for $3.74bn. Ceconomy’s potential tie-up with JD.com presents strategic opportunities for both companies to expand their retail presence and reach.

Read more at Yahoo Finance: Ceconomy enters talks with China’s JD.com for potential takeover