Tag "Saturn"

Will it not be sold in MediaMarkt stores in the near future?

The ownership structure of Germany’s Ceconomy AG, which operates the MediaMarkt and Saturn retail chains, is gradually becoming final: the largest shareholder will be China’s JD.com. However, Convergenta Invest, owned...

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Media Markt and Saturn may fall into Chinese hands

One of Europe’s best-known electronics store chains could have a new owner: Chinese JD.com is in advanced negotiations with German Ceconomy Holding to acquire Media Markt and Saturn. Although the...

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JD.com is once again planning to acquire the owner of MediaMarkt

The acquisition of German Ceconomy, the owner of the well-known MediaMarkt and Saturn stores in Hungary, is back on the agenda. The Chinese online store JD.com is once again interested...

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