JD.com Set to Take Control of Ceconomy and MediaMarktSaturn

JD.com is preparing to take control of Ceconomy, the parent company of MediaMarktSaturn and MediaWorld, following the completion of the final approval process.

The Chinese e-commerce group has acquired a 75% stake in Ceconomy, with the remaining 25% retained by the Kellerhals family, founders of the European retail business. The transaction is expected to close on 12 November 2026.

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