Electronics: Currys to be taken over by China’s JD.com?

Featured image of the article Electronics: Currys to be taken over by China’s JD.com?

An article by Sophie Baqué

Publication

27 February 2024 à 17h02

Updated on 4 March 2024 à 21h08

Reading time

1 minute

Publication: 27 February 2024 à 17h02, Updated on 4 March 2024 à 21h08

Reading time: 1 minute

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An article by Sophie Baqué

Publication

27 February 2024 à 17h02

Updated on 4 March 2024 à 21h08

Reading time

1 minute

Publication: 27 February 2024 à 17h02, Updated on 4 March 2024 à 21h08

Reading time: 1 minute

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After selling off the Greek business in November 2023 and cutting operating costs, Currys PLC (€4.9 billion turnover in 6 months to the end of October 2023) could receive a takeover bid from Chinese giant JD.com. Following reports in The Telegraph on February 18, 2024, JD.com said it was “in the preliminary stages”. It has a month to make an offer to take over the British retailer, which runs 800 stores worldwide (including 300 in the U.K.). Between 2015 and February 2024, Currys share...

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Featured image of the article Sophie Baqué
Sophie Baqué
Featured image of the article Sophie Baqué
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