3 6 Ke·2025-09-02 01:41Group 1 - JD Group, through its wholly-owned indirect subsidiary JINGDONG Holding Germany GmbH, has made a voluntary public offer to acquire all issued and outstanding bearer shares of CECONOMY at a cash consideration of €4.60 per share [2][3] - The acceptance period for the acquisition offer will start on September 1, 2025, and end on November 10, 2025, with the possibility of extension under certain conditions [2] - The transaction values CECONOMY at approximately €2.2 billion, equivalent to over 18 billion RMB [2] Group 2 - CECONOMY is a leading consumer electronics retail group in Europe, established in 2017, operating brands MediaMarkt and Saturn across 12 European countries with over 1,000 physical stores [3] - CECONOMY plans to maintain independent operations in Europe and accelerate its transformation into a leading omnichannel consumer electronics platform [3] - Financial performance from fiscal years 2020 to 2024 shows total sales increasing from €20.83 billion to €22.44 billion, with net profits fluctuating, including a loss of €0.23 billion in 2020 and a profit of €0.076 billion in 2024 [3] Group 3 - This acquisition marks a significant step in JD's international strategy under Liu Qiangdong's leadership, aiming to quickly enter the mainstream consumer market in Europe [4] - JD has also completed the acquisition of Hong Kong-based supermarket chain Jia Bao, further expanding its market presence [4] - JD's "100 billion, 1,000 products" initiative aims to promote 1,000 Chinese brands internationally and introduce 1,000 overseas brands, targeting a cumulative sales growth of 10 billion RMB [4]