Google invests $ 550 million in e-commerce platform JD.com

Google announced today a new strategic partnership with leading Chinese companies in e-commerce JD.com and, as part of this partnership, will invest the Google $ 550 million in JD.com, in order to provide more services to users with high quality in a range of countries around the world, including Southeast Asia.

According to the published position of fonearena India, comes this step by Google to increase its expansion in major markets globally, especially in Asia which is considered one of the largest centers of electronic commerce in the world, as the hopes the search engine giant also through this investment to strengthen their relationship by China to confirm its presence there.

And currently Google Inc. on the occasion of major technology companies such as Amazon in that area, especially as it has achieved very rapid growth since entering the market, and is expected to get the platform of Chinese trade on the purchase of this investment make Google says in its products in the service by electronic sale and purchase, which will make the products displayed on the product appear to a wider set of users all over the world, not in Asia only, which would expand their trade in Europe and America and the proportion of profit is larger.

Leave a Reply

Your email address will not be published. Required fields are marked *