The Ostrich Report AKA: The Marketplace Podcast Week 6 - JD.com Buys Into Germany… What Could Possibly Go Wrong?
The marketplace podcast you didn't know you asked for (just like AI) is back. The Ostrich Report Ep 6 - JD.com Buys Into Germany… What Could Possibly Go Wrong?
This week we put the Ostrich in Ostrich Report by burying our heads deep into one of the most head-scratching deals of the year: JD.com spending €2.5B to buy Ceconomy, the German parent company of MediaMarkt and Saturn.
Yes, JD — the Chinese giant that was born an online retailer, flirted with marketplace models, wandered into logistics, cloud, and other shiny objects — is now buying two of Germany’s most traditional electronics…
The skinny
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