Germany’s Federal Ministry for Economic Affairs and Energy approved JD.com’s €2.2 billion ($2.5 billion) acquisition of Ceconomy. The approval requires JD.com to protect the personal data of German customers under strict government monitoring. JD.com called the decision an important milestone for the takeover of Europe’s largest electronics retailer. The company expects the deal to close in the second half of 2026, pending further regulatory conditions.
The European Union is investigating the acquisition under the Foreign Subsidies Regulation. Regulators seek to determine if JD.com benefited from distortive state subsidies. United Kingdom officials are also calling for scrutiny over potential threats to British retailers and alleged Chinese state support.