China’s JD.com Eyes Takeover of German Electronics Giants
14 Articles
14 Articles
The German electronic chain Media Markt is advertised by JD.com. The e-commerce giant from China has a sophisticated logistics and a lot of experience in online trading.
JD.com is the largest online retailer in China, the world's number two in e-commerce. JD could soon also come to Germany. Negotiations are currently underway. By Benjamin Eyssel.
The Chinese online group JD.com wants to take over Europe's largest electronic chains Saturn and Mediamarkt. For the German markets this could be the beginning of a profound realignment.
The buying mood in China weakens. A large Chinese e-commerce group therefore extends the feelers to Europe. And could have found a purchase object.
Media reports have been circulating for a long time that the Chinese company JD.com can take over the media market parent Ceconomy. Now it becomes more concrete.
1000 markets and a large online shop: MediaMarkt and Saturn, combined in the holding Ceconomy, are among the largest retailers in Europe. However, a Chinese competitor could take over them. The talks are said to be advanced.
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