JD.com Secures Conditional EU Approval for CECONOMY Acquisition
MT newswire2026/11/03 10:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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06:16 AM EST, 11/03/2026 (MT Newswires) -- JD.com (JD) secured conditional approval from the European Commission for its acquisition of German electronics retailer CECONOMY, subject to compliance with agreed commitments, the Commission said Tuesday. The approval follows an investigation that found Chinese government subsidies to JD.com could distort EU competition through cross-subsidization and aggressive pricing. The parties committed to market-based intra-group transactions and equal access to logistics and technology services for third parties, with an independent trustee monitoring compliance for 10 years, the Commission added. Shares of JD.com rose more than 3% in premarket activity.
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