Google Invests $550M in JD.com to Modernize Retail

JD products will also be available through Google Shopping

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Google is investing $550 million in cash in Chinese ecommerce company JD.com as part of what it is calling a “strategic partnership.”

According to a press release, this will include marrying Google technology with JD supply chain and logistics to explore the creation of “next generation retail infrastructure solutions, with the goal of offering helpful, personalized and frictionless shopping experiences” in regions like Southeast Asia, the US and Europe.

This investment could be Google’s way of trying to keep up with Alibaba and other Chinese ecommerce platforms.

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