What does JD's 18.5 billion acquisition of German retail giant mean?
Recently, Chinese e-commerce giant JD.com 'plan to acquire German consumer electronics retailer Cecconomy for 18.5 billion yuan (approximately 2.2 billion euros) has attracted global attention. This action is not only a key milestone in JD International's ten-year business layout, but also marks the paradigm upgrade of Chinese retail enterprises from "product going global" to "ecological going global".
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