JD.com Announces Voluntary Public Takeover Offer and Strategic Investment Partnership with CECONOMY

SEC Filing 6-K (0001193125-25-169356)

JD.com, Inc. has announced a voluntary public takeover offer to acquire all issued and outstanding shares of CECONOMY AG, the parent company of MediaMarkt and Saturn, for EUR 4.60 per share. The offer is made through JD.com's wholly-owned subsidiary, JINGDONG Holding Germany GmbH. JD.com and CECONOMY have also signed an investment agreement to drive CECONOMY's growth as a stand-alone business and accelerate its transformation into Europe's leading omni-channel consumer electronics platform. JD.com will contribute its advanced technology, omni-channel retail expertise, and logistics capabilities to strengthen CECONOMY's market position. The takeover offer is supported by CECONOMY's Supervisory Board and Management Board and is expected to close in the first half of 2026. The transaction will be financed through a combination of acquisition loan and JD.com's cash on balance sheet.