Senin, 18 Juni 2018

Google Invests $550 Million in Chinese Online Shopping Site JD.com

SHANGHAI—Alphabet Inc.'s Google unit is investing $550 million in Chinese e-commerce retailer JD.com Inc., a move that will deepen its ties with China and strengthen its foothold in online shopping.

The partnership will help both companies expand their retailing presence in Southeast Asia, the U.S. and Europe, working jointly on retail and infrastructure systems to help brick-and-mortar merchants go digital.

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