JD.com has announced the completion of its voluntary public takeover offer for German consumer electronics retail group CECONOMY AG, securing 59.8% of the company's share capital and voting rights at €4.6 per share in cash, for total consideration of €1.335 billion. With the deal now closed, CECONOMY has become a subsidiary of JD.com, and its financial results have been consolidated into JD.com's financial statements since November 12, 2026. Together with the 25.3% stake held by partner Convergenta, the two parties now control a combined 85.2% of the company.
