Chinese JD.com acquires 59.8% of Ceconomy, owner of Fnac Darty

JD.com rachat Ceconomy
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On December 2, as part of a second stage of Ceconomy buy‑out, Chinese e‑commerce giant JD.com acquired a 59.8% stake in the German group. Ceconomy reported 2024 sales of €22.4 billion, up by 0.9% year on year. JD.com reported 2024 sales of €147 billion, up by 6.8%. Governance of the group, owner of MediaMarkt and Saturn, will be by JD.com and Convergenta, a historic investor, together holding 85.2% of capital. Total acquisition remains subject to national and European approvals by mid‑2026. JD.

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