Group 1 - JD.com is in discussions to acquire Ceconomy, a German consumer electronics retail group, at a price of approximately €4.6 per share, with Ceconomy confirming the negotiations [1][5] - Ceconomy operates over 1,000 stores across Europe under the MediaMarkt and Saturn brands, and has a market capitalization of around €1.6 billion [2][5] - In the first quarter, Ceconomy's sales decreased by 1.6% to €5.2 billion, with adjusted EBIT at only €10 million, although online sales grew by 7.4% to nearly €1.3 billion, accounting for a quarter of total sales [2] Group 2 - This is not the first attempt by JD.com to acquire Ceconomy, as a previous attempt in 2023 did not result in an agreement [5] - JD.com launched its independent retail brand in Europe in early 2022, introducing the "ochama" concept, which emphasizes omnichannel shopping [5] - In 2024, JD.com expanded its delivery services in Europe, including a one-hour delivery service in Amsterdam and established numerous self-pickup points and lockers in collaboration with local partners [6]
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