今年京东重新整理了在欧洲市场的业务，并加大投入力度。3月10日，京东宣布与欧洲足球协会联盟 签署合作协议，成为欧冠联赛官方电商创新合作伙伴，并表示"希望通过此次合作，能让更多欧洲的 朋友深入认识和了解京东"。4月9日，京东宣布其欧洲线上零售业务启动母婴和玩具品类国际品牌和 出海品牌招商。同时，京东已在伦敦地区测试运营欧洲线上零售品牌Joybuy。 2025.12. 23 本文字数：1177，阅读时长大约2分钟 作者 | 第一财经 陆涵之 据当地媒体12月22日报道，京东位于法国塞纳-圣但尼省的仓库遭窃，超过5万台3C数码设备（包 括手机、电脑和平板电脑）被盗，价值约为3700万欧元，折合人民币3.06亿元。 这起盗窃案在12月22日上午被发现。一位仓库负责人发现有人破门而入，偷盗走30多个仓库货架的 商品。根据法国警方的剿匪大队（BRB）的初步调查结果，窃贼在12月21日晚间至12月22日凌晨 之间作案，并故意破坏了仓库的监控摄像头，警报系统无法正常运转。 对于这一事件，截至发稿，京东尚未回应。 从布局看，近两年来京东积极出海，重点聚焦欧洲市场。2022年，京东在欧洲市场推出全渠道零售 品牌Ochama，包括 ...

从布局看，近两年来京东积极出海，重点聚焦欧洲市场。 据当地媒体12月22日报道，京东位于法国塞纳-圣但尼省的仓库遭窃，超过5万台3C数码设备（包括手机、电脑和平板电脑）被盗，价值约为3700万欧元，折 合人民币3.06亿元。 这起盗窃案在12月22日上午被发现。一位仓库负责人发现有人破门而入，偷盗走30多个仓库货架的商品。根据法国警方的剿匪大队（BRB）的初步调查结 果，窃贼在12月21日晚间至12月22日凌晨之间作案，并故意破坏了仓库的监控摄像头，警报系统无法正常运转。 对于这一事件，截至发稿，京东尚未回应。 从布局看，近两年来京东积极出海，重点聚焦欧洲市场。2022年，京东在欧洲市场推出全渠道零售品牌Ochama，包括线上平台和线下实体店，后线下渠道 收缩，主要提供线上服务。Ochama在荷兰、波兰、法国等地组建自营仓库，面向欧洲 24 个国家销售全品类商品，提供全品类商品上门配送和自提服务。 今年京东重新整理了在欧洲市场的业务，并加大投入力度。3月10日，京东宣布与欧洲足球协会联盟签署合作协议，成为欧冠联赛官方电商创新合作伙伴， 并表示"希望通过此次合作，能让更多欧洲的朋友深入认识和了解京东"。4月9日 ...

Core Viewpoint - Haixin Food (SZ002702) experienced a trading halt with a price of 6.58 yuan, marking a 10.03% increase and a total market capitalization of 3.657 billion yuan, driven by governance improvements, e-commerce internationalization, and seasonal demand for hot pot [1][2]. Group 1: Governance and Management - The company is undergoing a large-scale governance structure optimization and institutional revision, involving the revision, formulation, and abolition of 47 systems, which reflects its commitment to standardized operations and is expected to enhance management levels and market image in the long term [2]. - The controlling shareholder has provided a guarantee for a subsidiary without charge, reducing financing costs and demonstrating support for the company's development [2]. Group 2: E-commerce and Internationalization - The company has made progress in e-commerce channels and internationalization, with an e-commerce gross margin of 36.93%, and revenue from Hong Kong, Macau, and Taiwan increasing by 58.61%, while overseas revenue surged by 82.87% [2]. - Changes in domestic trade policies are expected to alter the market landscape for aquatic products, potentially benefiting the company despite its primary focus on domestic specialty fish [2]. Group 3: Seasonal Demand and Market Trends - Winter is traditionally a peak season for hot pot consumption, and the company maintains a supply cooperation relationship with Pando Supermarket, which is likely to boost sales of hot pot ingredients [2]. - The food processing sector has recently attracted capital attention, with signs of fund inflows into certain stocks within the sector, contributing to a sector-wide effect for Haixin Food [2]. Group 4: Technical Indicators and Market Activity - The stock's MACD indicator has formed a golden cross recently, indicating a strengthening short-term bullish trend [2]. - Significant net buying activity was observed, with over 50 million yuan in large orders over two consecutive days, and institutional seats accounted for 55% of this buying, suggesting that major funds are positioning for the company's future development [2].

Core Viewpoint - JD.com has made a voluntary public acquisition offer to acquire all issued and outstanding shares of CECONOMY AG at a price of €4.6 per share, aiming to establish a strategic partnership [1][2] Group 1: Acquisition Details - The transaction values CECONOMY at approximately €2.2 billion, equivalent to over 18 billion RMB [2] - The acquisition, if successful, will set a new record for Chinese e-commerce expansion into Europe [2] - JD.com has signed an investment agreement with CECONOMY regarding the acquisition and future cooperation [2] Group 2: Shareholder Agreements - Convergenta, CECONOMY's largest shareholder, has committed to accept the acquisition offer for its 3.81% stake, reducing its ownership from 29.16% to 25.35% [2] - Additional agreements have been made with other shareholders, totaling a commitment to accept the offer for 31.7% of CECONOMY's shares [2] Group 3: CECONOMY Overview - CECONOMY, established in 2017 and headquartered in Germany, has become a leader in the European consumer electronics retail sector [6] - The company operates over 1,000 stores across 12 European countries, with its core brands MediaMarkt and Saturn holding over 30% market share in Germany [7] - CECONOMY engages with consumers over 2.2 billion times annually and has over 43 million loyal customers [7] Group 4: Financial Performance - In Q1 2025, CECONOMY's sales decreased by 1.6% to €5.2 billion, with adjusted EBIT at only €10 million [9] - However, online sales grew by 7.4% to nearly €1.3 billion, representing a quarter of total sales, indicating significant potential in its online business [9] Group 5: Strategic Implications - The acquisition will provide JD.com with an established European offline network and supply chain resources, addressing long-standing challenges in overseas operations [9] - CECONOMY's CEO anticipates the transaction will be completed in the first half of 2026, emphasizing the partnership's potential to leverage global technology and retail expertise [9]