JD.com snaps up Ceconomy
What was announced last week is now official: JD.com has submitted a takeover bid of €2.2 billion for Ceconomy, the parent company of MediaMarktSaturn. The first major shareholders have already approved the deal. JD.com is thus securing access to Europe and, in return, plans to bring 1,000 brands to China.
JD.com snaps up Ceconomy
What was announced last week is now official: JD.com has submitted a takeover bid of €2.2 billion for Ceconomy, the parent company of MediaMarktSaturn. The first major shareholders have already approved the deal. JD.com is thus securing access to Europe and, in return, plans to bring 1,000 brands to China.
Maximilian Gassner has taken on a broader leadership role as Vice President Sales Central at Adidas. Christina Skoeries has moved up the ranks at camel active and now holds the role of Director E-Commerce. Maria Jose Barrera Rojas has made a major move from Inditex to Louis Vuitton, where she now leads as Global VP E-Commerce.
JD.com Plans Takeover for MediaMarktSaturn Owner Ceconomy
Chinese e-commerce giant JD.com is preparing a €2.3 billion takeover of Ceconomy, the parent company of MediaMarkt and Saturn. If successful, the deal would mark one of the largest Chinese acquisitions in Europe’s retail sector to date.
ChatGPT Secretly Tests Native Shopping Features
OpenAI is quietly piloting a shopping feature inside ChatGPT that lets users search for products and complete purchases within the chat interface. The tool appears to integrate with Stripe for checkout and includes rich product listings – turning ChatGPT into a potential AI-powered marketplace.
Zalando’s takeover of About You gets greenlight from EU
It’s official: The EU Commission has approved Zalando’s acquisition of About You, roughly six months after the initial announcement. The deal is valued at €1.2 billion. Together, the two fashion platforms now serve around 65 million customers across Europe. With the merger, Zalando aims to better respond to pressure from Shein and Temu – and prepare for a future shaped by AI-powered commerce.
Sebastian Kux has been promoted at L’Oréal, now leading as Head of Digital & Consumer Engagement DACH for Maybelline New York, NYX Professional Makeup, and essie. Ludwig Schirmer has left Develey Senf & Feinkost to take on the role of Head of B2C Europe at AIR – Advanced Inhalation Rituals. Laura Wiedemann moves into a broader role at Hama Deutschland, now heading up E-Commerce International & Outlet.
Amazon expands Pan-EU FBA to the Netherlands
As of June 25, 2025, sellers enrolled in Amazon’s Pan-European Fulfilment by Amazon (Pan-EU FBA) must list their products on Amazon.nl to stay in the program. The Netherlands has become a mandatory market, prompting sellers to ensure VAT registration and local listings are in place.
Marketplace Universe News 23.06.2025 – About You opens marketplace for new partners
Fashion platform About You has overhauled its onboarding process, aiming to make it easier for small brands, start-ups, and independent labels to join. The seller center has also been revamped as part of the update.
Refurbished boom: Back Market, Swappie & Co. hit new growth records
Europe’s refurbished electronics market is surging – and 2024 was a banner year for the sector’s leading players. Back Market increased its GMV by 32% to €2.2 billion, consolidating its lead in the European market. Swappie, the Finnish specialist for refurbished iPhones, grew its revenue by 20% to €249 million. German competitor Asgoodasnew expects 12% growth to €152 million for the year. Germany is developing into one of the most mature markets.
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