JD.com eyes $2.6 bn deal for MediaMarkt parent in Europe push
JD.com is reportedly in advanced talks to acquire Ceconomy, owner of MediaMarkt and Saturn, for $2.6 billion. The deal would grant JD access to 1,000 stores and a top European electronics platform. While JD stock is down 24% from its 2025 high, it has rebounded 6% recently. Traders see a breakout forming, aligning with JD's global expansion goals.