Media Markt and Saturn Is Sold to China
13 Articles
13 Articles
The electronic retail chains Media-Markt and Saturn are supposed to have a Chinese owner.
A huge Chinese group of companies has set its sights on the German Media Markt and Saturn, the former of which is also the market leader in the trade of household appliances and electronic goods in Hungary.


The Chinese Techriese JD.com offers 4.60 euros for each common share. The more than 1000 branches in several European countries are to be preserved
Media reports have been circulating for a long time, according to which the Chinese company JD.com should be interested in the media market parent Ceconomy. Now the Chinese have taken the decisive step.
Media reports have been circulating for a long time, according to which the Chinese company JD.com should be interested in the media market parent Ceconomy. Now the Chinese have taken the decisive step.
The German electronic retail chains Media Markt and Saturn will soon have a Chinese leadership, as Ceconomy AG, the largest shareholder of the MediaMarktSaturn Group to date, has now confirmed.
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