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JD.com, Germany and Ceconomy

China's JD.com to buy Germany's Ceconomy in deal valuing it at $2.5 billion

By Matthias Inverardi and Matthias Williams DUESSELDORF, Germany (Reuters) -JD.com is acquiring Germany's Ceconomy in a deal that values the electronics retailer at 2.2 billion euros ($2.5 billion), allowing one of China's largest online retailers to expand outside of its home market.

Forbes · 1h

Chinese E-Commerce Giant JD.com Makes $2.5 Billion Bid To Buy Germany’s Ceconomy

Ceconomy operates two of Europe’s largest electronics retail chains with online shops and more than 1,000 brick-and-mortar stores across 11 markets.

Bloomberg on MSN · 1h

JD.com Offers to Buy Germany’s Ceconomy for €2.2 Billion

Chinese e-commerce firm JD.com Inc. offered to acquire Ceconomy AG in a deal that would value Europe’s largest consumer electronics retailer at about €2.2 billion ($2.5 billion).

Fact Check: Clip falsely said to be fugitive in Germany shows robber jailed in Belgium since 2023

Footage of a man sentenced in Belgium in 2023 to 12 years’ imprisonment for violent robberies, and who remains incarcerated, ...

2don MSN

France and Germany lead downbeat EU response to US trade deal

Leaders from Europe's two largest economies have led a chorus of gloomy reactions to the trade deal struck between EU chief ...

18h

Germany faces €170bn budget gap due to spending spree

Germany’s finance minister Lars Klingbeil has warned that a €170bn budget shortfall poses a “massive challenge” to the ruling coalition even as Europe’s largest economy embarks on a debt-funded ...

3hon MSN

Advertising slump hits Germany's ProSiebenSat.1 with revenue decline

German broadcasting and media group ProSiebenSat.1 announced a bigger-than-expected drop in quarterly revenue on Thursday, ...

Germany has overtaken the US as the top origination country for whey protein concentrate 80% imports

Whey product imports totaled 89.9 million pounds, down 26.6%, “Amidst a tense trade war with the U.S.,” says HGD. “Whey ...

Germany, Jordan want to supply Gaza by air – here is how it could work

Previous German aid-dropping operations in the territory may give a glimpse of what to expect, according to a defense ...

Germany’s Far-Right Party May Be Banned. Its Voters Fear Being Left Voiceless.

Supporters of the Alternative for Germany say they might quit voting if the party is outlawed. Some opponents are against ...

Rail disaster near Riedlingen, Germany: Why were the tracks not better protected?

Germany keeps experiencing serious rail accidents with fatal consequences. National rail operator Deutsche Bahn prioritises ...

Rutgers University1d

In Germany, a Fulbright Scholar Delves Deep Into His Research on the Father of Latin Theology

Aided with a grant from the Fulbright U.S. Student Program, the resident of Brooklyn, New York, is in Heidelberg, Germany, ...

19hon MSN

Telefonica ditches Huawei's 5G gear in Spain and Germany; keeps it in Brazil

Spanish telecom giant Telefonica is replacing all of its 5G equipment made by Chinese manufacturer Huawei in Spain and ...

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