Wednesday 12 December 2018
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inquirer - 6 month ago

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

SEOUL, South Korea --- Google says it will invest $550 million in Alibaba s main rival JD.com as the U.S. tech giant seeks to expand in fast-growing Asian e-commerce markets. Under the partnership announced Monday, JD.com products will appear on Google s shopping service while Google can apply the Chinese e-commerce company s supply chain and logistics expertise to its technology. Google said through the partnership, the company will explore new solutions to improve shopping experiences of consumers aroun

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