The “Chinese Amazon” has just bought Mediamarkt for 2.5 billion. Amazon has a problem in Europe
JD.com, the “Chinese Amazon”, has closed the acquisition of Ceconomyowner of the Mediamarkt and Saturn chains. This German giant, which is valued at 2.5 billion dollars, is now in his hands. Why is it important. The movement allows Alibaba’s direct rival to establish its first major presence in Europe. At the same time, Mediamarkt accesses … Read more