JD.com completes acquisition of 59.8% stake in Ceconomy
JD•JD.com completed its acquisition of a 59.8% stake in Ceconomy for EUR 1.34 billion on November 12, 2026. Combined ownership with partner Convergenta reached 85.2%.
1. Acquisition completed
JD.com completed its acquisition of a 59.8% stake in Ceconomy on November 12, 2026, at a cost of EUR 1.34 billion. Combined ownership with partner Convergenta reached 85.2%, with Convergenta retaining its 25.3% stake.
2. Retailer to remain independent
The partnership aims to accelerate the retailer’s growth using JD.com’s technology and logistics capabilities. Ceconomy will remain independently operated in Europe, with no material changes planned to management, corporate structure or brands.
