SHARE

JD.com reportedly considers £2bn acquisition of UK retailer The Very Group

The Chinese ecommerce giant is reportedly considering a takeover bid valued between £2 – 2.5bn. The move would support JD.com’s European expansion strategy following failed attempts to acquire Currys and Argos.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.