Technology: JD.com is getting closer to taking over Media Markt and Saturn
⚡ Quick Summary
JD.com has received investment control approval for the transaction.
JD.com has received investment control approval for the transaction. The takeover would give the tech giant access to large online shops.
🗞️ 4 sources covered this story
Takeover of MediaMarktSaturn: Ministry allows takeover of MediaMarkt by a Chinese company
DIE ZEITMediaMarktSaturn: Ministry allows takeover of MediaMarkt by Chinese company
Die Zeit
Ministry approves takeover of MediaMarktSaturn by JD.com
Heise OnlineMinistry approves takeover of MediaMarktSaturn by JD.com
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