Google to invest $550 million in China e-commerce giant JD.com

The deal will allow Google to draw people away from Amazon when doing product searches online. The U.S. search giant is investing $550 million in cash into China’s second-largest e-commerce player, JD.com, reports CNBC. JD.com is locked in a heated battle for customers with China’s largest e-retailer, Alibaba. The company has recently teamed up with Walmart to sell groceries. Its new deal with Google will see JD.com gain a partner that can better help it to develop its retail infrastructure as well as make a selection of its products available to Western shoppers via Google Shopping.Read Full Story

Google to invest $550 million in China e-commerce giant JD.com

Google will invest more than half a billion dollars in China's second-largest e-commerce company JD.com as part of a move to expand retail services around the world, the companies said Monday.

Mon 18 Jun 18 from Phys.org

Google is investing $550 million into Chinese e-commerce site JD.com

As parts of Google's strategy to become more deeply rooted in China, $550 million is being invested into e-commerce site JD.com. This places Google squarely as a competitor to Amazon in the ...

Mon 18 Jun 18 from Techspot

Google invests $550 million in China's second biggest online retailer

Google has revealed plans to pour $550 million into JD.com -- one of China's e-commerce titans. It's a crucial partnership for Google, which gains leverage within the important ...

Mon 18 Jun 18 from Engadget

Google to invest $550 million in Alibaba rival JD.com

Under the partnership, JD.com products will appear on Google’s shopping service, giving JD.com access to consumers outside Asia, while Google can apply the Chinese e-commerce company’s ...

Mon 18 Jun 18 from USA today

Google is investing over half a billion in China e-commerce giant JD.com

The deal will allow Google to draw people away from Amazon when doing product searches online. The U.S. search giant is investing $550 million in cash into China’s second-largest e-commerce ...

Mon 18 Jun 18 from Fastcompany Tech

Google invests $550m in Chinese e-commerce giant JD.com

Mon 18 Jun 18 from Telegraph.co.uk Tech

Google invests $550m in JD.com

All-cash investment will allow Google and JD.com to build better retail infrastructure in developing markets

Mon 18 Jun 18 from Techradar

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