JD.com has completed its voluntary public takeover offer for German retail group Ceconomy. The Chinese e-commerce giant acquired approximately 59.8% of the company’s share capital and voting rights. Including shares held by future partner Convergenta, JD.com’s total stake will reach 85.2%. The transaction, valued at around 2.2 billion euros ($2.37 billion), is the largest single acquisition by a Chinese e-commerce firm in Europe. Ceconomy, a leading European consumer electronics retailer, operates over 1,000 MediaMarkt and Saturn stores across 11 countries. The move grants JD.com immediate access to Ceconomy’s extensive European store network and supply chain.