JD.com Inc. is in negotiations to acquire Ceconomy, a leading European electronics retailer, for approximately 2.2 billion euros. The deal, valued at 4.60 euros per share, represents a 23% premium over Ceconomy’s closing price. If completed, it would mark JD.com’s significant expansion into Europe, leveraging Ceconomy’s retail networks. The acquisition follows JD.com’s previous failed attempt to acquire Currys in 2024.

JD.com is in talks to acquire German electronics chain Ceconomy AG in a potential $2.6 billion deal, offering 4.60 per share in cash—a 23% premium to Ceconomy's last closing price. The move aims to expand JD.com's European presence, following a prior withdrawal from a UK retail bid. Ceconomy's 1,000+ European stores under MediaMarkt and Saturn brands could provide JD.com with retail scale and logistics synergies.

JD.com is reportedly close to making a decision on a bid for Ceconomy, a German retail giant, with a proposed offer price of approximately €4.60 per Ceconomy share. This potential acquisition aims to expand JD.com's presence in the European retail market.

JD.com's stock outperformed the S&P 500 and Nasdaq in recent trading, with a 1.44% gain versus the S&P's 0.06% and Nasdaq's -0.39%. The company's monthly performance exceeded the Retail-Wholesale sector but lagged the S&P 500. Upcoming earnings are projected to show a 61.24% year-over-year decline in per-share earnings, while revenue is expected to rise 17.03% year-over-year. JD's Forward P/E ratio of 13.48 is below the industry average of 22.48, and its PEG ratio of 3.98 is significantly higher than the Internet-Commerce industry's 1.67.

JD.com, a leading Chinese e-commerce company, has led funding rounds for three robotics startups to accelerate its push into embodied AI. The investments include Spirit AI, Engine AI, and LimX Dynamics, with additional support from Lenovo and Meituan. The article highlights the growing interest in embodied AI, a field involving intelligent systems with physical forms like robots, and notes the sector's rapid funding surge.