The EU Commission has approved JD.com's acquisition of CECONOMY; the deal is set to close soon.

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On-chain news: On November 3, 2026, the European Commission conditionally approved JD.com’s acquisition of CECONOMY, according to market news from BitJie. This removes the final regulatory barrier, with the deal expected to close within days. JD.com and CECONOMY will conduct internal transactions, including financing, on market terms for 10 years. JD will also provide warehousing, logistics, and technology services to third parties under the same terms as CECONOMY. CECONOMY, headquartered in Germany, operates in 11 European countries with over 50,000 employees and more than 1,000 stores under brands such as MediaMarkt and Saturn.
CoinDesk reports:

IT Home, November 4: The European Commission announced on local time November 3 that it has conditionally approved JD.com's acquisition of CECONOMY. This marks the final regulatory hurdle cleared, with all offer conditions now satisfied, and the transaction is set to close within days.

JD and CECONOMY commit to conducting internal transactions, including financing, at market terms over the next 10 years. JD will also offer its warehousing, logistics, and technology services to third parties under the same terms provided to CECONOMY.

CECONOMY, headquartered in Germany, operates across 11 European countries and is a major retail company specializing in consumer electronics and home appliances. With over 50,000 employees and a network of more than 1,000 physical stores alongside online channels, the company owns brands including MediaMarkt, MediaWorld, and Saturn.

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