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EU Commission approves takeover Ceconomy by JD.com

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This week, the European Commission has approved the takeover of Ceconomy, the owner of MediaMarkt and Saturn. Chinese ecommerce giant JD.com is acquiring the company. The Commission has added conditions to the deal. For example, JD.com needs to provide warehousing and logistics services to third-party retailers.

ECOMMERCE NEWS EUROPE

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ECOMMERCE NEWS EUROPE

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