EU regulators to issue formal warning to JD.com over Ceconomy deal, sources say

A logo of JD.com e-commerce company at its sorting center building in Beijing, China, November 11, 2025. REUTERS/Maxim Shemetov 22 Jul 2026 04:57PM (Updated: 22 Jul 2026 05:05PM) BRUSSELS, July 22 : EU regulators will issue formal charges against Chinese e-commerce giant JD.com over its $2.5 billion bid for German electronics retailer Ceconomy, underlining their concerns of unfair subsidies, people familiar with the matter said.The charges, known as a statement of grounds under the Foreign Subsidies Regulation, are similar to a statement of objections or charge sheet under EU merger rules where regulators outline specific concerns, which must be addressed by companies or risk a veto on the deal.JD.com said the statement of grounds is a normal procedural step and that it continues to expect