Italy Imposes Strict Data Protection on JD.com's Ceconomy Acquisition

Italy imposes strict data protection conditions on JD.coms acquisition of Ceconomy, citing security concerns over consumer data. JD.com commits to storing data within European warehouses, addressing Italian governments concerns. This move reflects growing apprehension in Europe about Chinas economic strategies and data privacy in international business transactions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.