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Market Chatter: JD.com Considering Bid for British Retailer Very Group

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China's JD.com (HKG:9618) is considering a 2 billion pound bid for British online shopping platform The Very Group, Reuters reported Friday, citing a Sky News report.

The firm previously tried to expand in the UK with its failed takeover bid for Currys and walked away from talks to acquire Argos from Sainsbury's last year.

Carlyle, the owner of The Very Group, has reportedly been seeking to sell the British retailer since January.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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