China's JD.com Acquires Control of MediaMarkt (Mediaworld) and Saturn - Economic Scenarios
23 Articles
23 Articles
Of course, you have to look carefully at whether the promises made by JD.com are being kept. But the origin alone should not be a reason for rejection. The electronic chains also have opportunities.
In the future, the Chinese will play a strong role in Europe's largest electronics retailer Mediamarkt-Saturn. The Chinese e-commerce giant JD.com is joining the media market saturn mother Ceconomy in a large-scale way. Lars Petersen, Head of National Investigation Premium Group, talks about the background.
The Chinese e-commerce giant JD.com wants to take over the MediaMarkt-Saturn mother Ceconomy. According to the Ceconomy boss, European trade is to be strengthened.
About a week ago, MediaMarkt-Saturn parent company Ceconomy confirmed advanced negotiations with JD.com for a takeover. Now the Chinese company makes serious and makes an offer.
The Chinese online retailer JD.com offers the German parent company 2.2 billion euros. There should be no terminations for three years.
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium