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JD.com has acquired a 59.8% majority stake in CECONOMY, a European electronics retailer, following the end of the additional acceptance period for its voluntary public takeover offer. This deal, combined with retained stakes held by future partner Convergenta, gives JD.com control of 85.2% of CECONOMY. The transaction is expected to close in the first half of 2026, pending regulatory approvals. JD.com plans to accelerate CECONOMY's transformation using its technology, logistics, and omni-channel retail expertise.

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