JD to Acquire Fnac Darty Shares for 2.2 Billion Euros to Enter European Market

China's e-commerce giants About to become FranceFnac DartyThe second largest shareholder has submitted a foreign investment review application to the French Ministry of Economy. JD.com is acquiring Germany for 2.2 billion euros.CeconomyThe company (holding a 22% stake in Fnac Darty) is expanding its layout in the European market. The French government has initiated a foreign investment review mechanism based on the "Monetary and Financial Code," focusing on areas that may impact public order, national security, and defense interests, including sensitive industries such as the research and production of weapons and ammunition. This review process can last up to three months, and the Ministry of Economy emphasizes that it will conduct a strict assessment of this acquisition case, particularly pointing out...Fnac DartyCultural products for sale have special attributes. Recently, a full-category e-commerce platform called Joybuy was launched in France, covering products such as electronics, clothing, and food. At the same time, France has just passed a new bill to strengthen the regulation of foreign enterprises. Another Chinese e-commerce giantAlibabaPreviously completed secondary listing in Hong Kong.