JD.com Finalizes 59.8% Shareholding in CECONOMY

JD.com has successfully secured 59.8% of the share capital and voting rights of CECONOMY, following the end of the additional acceptance period of its voluntary public takeover offer. With the inclusion of partner Convergenta's retained stake, JD.com will hold a total shareholding of 85.2% upon offer completion.

The transaction awaits regulatory clearances, including EU foreign subsidies approvals, with completion expected in the first half of 2026. Post-transaction, JD.com will become the majority shareholder of CECONOMY, a leading European omni-channel retailer. No workforce changes are planned.

JD.com and CECONOMY plan to embark on a strategic transformation to enhance CECONOMY's capabilities, utilizing JD.com's technology and logistics expertise. This collaboration seeks to bolster CECONOMY’s long-term growth, maintaining its autonomous operation within Europe.