
Acquisition of Life Home Furnishings Approved, JD.com Further Expands Home Furnishing and Decoration Market
On June 19th, reporters learned from the National Market Regulation Administration's public information that Beijing JD Century Trading Co., Ltd. has received unconditional approval for the acquisition of equity in Sichuan Life Home Group Co., Ltd. The reporters found that one party involved in the concentration is "Beijing JD Century Trading Co., Ltd.," which is one of the core operating entities of JD Retail Group, while the other party is Bai Jie, the actual controller of Life Home. Industry insiders stated that JD's successful acquisition of Life Home is an important measure for expanding its vertical market in home furnishings and integrating online and offline services. This move marks a key progress in JD's layout in the home furnishing and decoration field, with its "home decoration + home + home appliances" triad strategy officially implemented

