JD.com considers two billion pound bid for The Very Group

JD.COM INC-CLASS A is evaluating a £2 billion ($2.69 billion) bid for British online retailer The Very Group. The potential acquisition follows the Chinese e-commerce giant's unsuccessful attempts to purchase CURRYS PLC and Argos. A successful deal would provide the China-based firm a foothold in the United Kingdom consumer market.

### Expansion Strategy in the British Market Carlyle Group is preparing The Very Group for a sale, having taken control of the retailer last year. Carlyle planned a £2 billion exit in January, ending the Barclay family’s long-term ownership.