Chinese e-commerce giant JD.com has launched a €2.2 billion ($2.5 billion) takeover bid to acquire German electronics retailer Ceconomy. The offer values Ceconomy at €4.60 per share in cash and has received support from Ceconomy's CEO and major shareholders. The deal, expected to close in the first half of 2026, will allow JD.com to expand its footprint in the European retail market, where Ceconomy operates over 1,000 stores, including the MediaMarkt brand. The acquisition positions JD.com as a stronger competitor to Amazon in Europe. Separately, the Financial Times reports that Chinese manufacturers are reconsidering their Southeast Asia strategies following the implementation of tariffs under the Trump administration, with some companies, including Germany's largest sports retailer, contemplating shifting production back to China. This shift reflects broader supply chain adjustments in response to recent trade policies.