Group 1 - JD.com announced a voluntary public acquisition offer for all shareholders of German electronics retailer Ceconomy through its wholly-owned indirect subsidiary, offering €4.60 per share, valuing Ceconomy at €2.23 billion (approximately $2.63 billion) [1] - Ceconomy, the parent company of MediaMarkt, operates 1,030 stores in Europe, and this acquisition is part of JD.com's strategy to enhance its presence in Europe by addressing the last-mile delivery challenge [2] - The acquisition news led to mixed reactions in the capital markets, with JD.com's stock falling by 2.5% while Ceconomy's stock rose by 6.8%, indicating investor caution and optimism regarding the cross-border acquisition [3] Group 2 - Ceconomy reported a profit of only €10 million in Q1, despite having a large number of physical stores and 40,000 employees, raising concerns about potential management challenges post-acquisition [2]