Compiled 1 August, updated 5 August 2025
Chinese e-commerce giant JD.com takes over the German group Ceconomy, one of Europe’s largest distributors of electronic products. Ceconomy ‘signs an investment agreement with JD.com’, reads a note from the Düsseldorf-based company, whose portfolio includes the MediaMarkt and Saturn chains, in Italy operating under the MediaWorld brand.
JD.com, the third largest Chinese e-commerce operator after Alibaba and Temu, is already present in some European countries, including France, the UK and the Netherlands, with its Ochama platform…
JD.com, developed with sars , has a turnover of 36 billion (in Q1 2025), a profit of 1.3 billion € and has a large import plan for European products in China.
With its network it could easily follow in Temu ‘s footsteps and attempt to sell food in Europe and Italy.
From Palazzo Chigi and the Ministry for Enterprise they say: the purchase will be carefully evaluated with the ‘golden power‘ (even if the company, we have already said it but we repeat it, is based in Germany).
Below you will find a reply from me to user X: ‘in Italy few have understood the importance of the network, understood as online shops (*): Media World, at European level, invoices 5.1 billion with e-commerce (to be added to the 22.4 of physical retail). So much could have been done, it was abdicated and now the Americans (Amazon), Germans (Lidl) and Chinese(Shein and Temu) are winning
According to Wikipedia: ‘With sales of more than $158.8 billion in 2024, JD.com is China’s largest retailer by revenue’.
There will certainly be some synergy between JD.com and Ceconomy: especially in the sale of Chinese products in Europe.
And as Mattia Callegaro says, on LinkedIN: “…more than antitrust, I see geopolitics as the main issue here: controlling not only production but also distribution in Europe is a strategic issue…”
(*) and in fact mainstream newspapers, such as Repubblica and Corriere, did not report the news.
