JD acquires majority interest in German electronics firm
Chinese e-commerce giant JD said on Wednesday it has acquired approximately 59.8 percent of the shares and voting rights in German electronics retailer Ceconomy. When combined with the stake to be retained by its future partner Convergenta, JD’s total shareholding in Ceconomy would reach 85.2 percent. Convergenta was the largest shareholder in Ceconomy before JD’s…









