CECONOMY

Koln, Germany Founded: 2017 • Age: 9 yrs Acquired By JD.com
Consumer electronics are retailed through multi-channel B2B and B2C operations.
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About CECONOMY

CECONOMY is a company based in Koln (Germany) founded in 2017 was acquired by JD.com in November 2025.. The company has 68,804 employees as of December 31, 2017.

  • Headquarter Koln, Germany
  • Employees 68804 as on 31 Dec, 2017
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    68804

    as on Dec 31, 2017

  • Acquired by
    JD.com

    & 1 more

    (Nov 14, 2025)

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People of CECONOMY
Headcount 10000+
Employee Profiles 7
Board Members and Advisors 17
Employee Profiles
People
Dr. Kai Schumacher
Chief Compliance Officer
People
Melanie Förster
Assistant to CEO Ceconomy & MediaMarkt Saturn
People
Iris Pruefer
Chief People Officer Mediamarktsaturn Retail Group & CHRO Ceconomy

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Board Members and Advisors
people
Claudia Plath
Supervisory Board Member
people
Jürgen Schulz
Supervisory Board Member
people
Christoph Vilanek
Supervisory Board Member
people
Ludwig Glosser
Supervisory Board Member

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Funding Insights of CECONOMY

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CECONOMY

CECONOMY has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include JD.com. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Multi-category consumer products are retailed online by JD.com.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CECONOMY

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CECONOMY

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ceconomy Comparisons

Employees
+
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Competitors of CECONOMY

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ceconomy

Frequently Asked Questions about CECONOMY

When was CECONOMY founded?

CECONOMY was founded in 2017.

Where is CECONOMY located?

CECONOMY is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.

How many employees does CECONOMY have?

As of Dec 31, 2017, the latest employee count at CECONOMY is 68,804.

What does CECONOMY do?

Ceconomy was established in 2017 following the separation of Metro AGs consumer goods division. Operations in the consumer electronics retail sector are conducted via brands like Media Markt and Saturn across 14 countries, with headquarters in Cologne, Germany. B2B and B2C channels are utilized, and services such as installation, delivery, and repair are provided. In 2022, annual revenues of 23.1 billion and net profit of 0.14 billion were achieved.

Who are CECONOMY's investors?

CECONOMY has 1 investor. Key investors include JD.com.

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