Why Did Google Invest In China’s JD.Com? Here’s What Experts Think

News came yesterday that Google would invest US$550 million in cash in China’s second largest retailer JD.com Inc., as part of a strategic partnership. The two partners plan to collaborate on a range of strategic initiatives, including joint development of retail solutions and making some products of JD.com available for sale through Google Shopping channels in multiple regions.

Google Makes $550M Strategic Investment In JD.COM

Google will invest US$550 million in cash in China’s second largest retailer JD.com Inc., as part of a strategic partnership, according to JD.com’s announcement. The deal marks JD.com’s latest globalization efforts to rival Alibaba Group Holding and amazon.com Inc. In February, CEO Richard Liu announced plans to invest at least 1 billion Euro to build a logistics network in France. In April, JD.com launched its Spanish website joybuy.es to target 400 million Spanish-speaking users. Last year, the company formed a …