@mariokondo.eth
š The dragon enters the fortress: Chinese e-commerce giant JD.com is launching a ā¬4 billion takeover of Ceconomy, the parent of MediaMarkt and Saturn.
š¤ This is a symbiotic alliance born of necessity. JD needs to escape brutal domestic price wars. Ceconomy needs a lifeline of world-class technology and logistics to accelerate its own transformation and defend its market leadership.
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