Chinese e-commerce giant JD.com is reportedly evaluating a potential £2 billion ($2.69 billion) bid for British online shopping platform The Very Group to expand its UK footprint.
- The move represents JD.com's latest UK expansion effort following a failed takeover bid for Currys and abandoned acquisition talks for Argos.
- Both companies have declined to comment on the market speculation.
- Following the report, JD.com's stock slid 3.02% to close at $30.52 on May 22, 2026.