Published: November 16th, 2023,
Last updated: January 5th, 2024

According to a report from Manager Magazin, the Chinese online retailer JD.com has expressed interest in acquiring the German electronics chains MediaMarkt and Saturn. One of the current owners, the investment company Haniel, has long been expecting a higher return on capital from Ceconomy, the operator of both retail chains. Negotiations between JD and Ceconomy are currently underway, as reported. The companies have not made any official statements, and the outcome of the negotiations is still uncertain.