Google investing $550 million in Chinese e-commerce company

Google is investing over half a billion dollars in Chinese e-commerce player “By applying’s supply chain and logistics expertise and our technology strengths, we’re going to explore new ways retailers can make shopping effortless for their consumers,” said Karim Temsamani, president, Asia-Pacific Operations of Google, in a blog post. is also joining Google Shopping as part of the partnership.

The Asia-Pacific region is one of the largest and fastest growing e-commerce marketplaces in the world, says Google. People in Southeast Asia alone are expected to spend $88.1 billion online by 2025.

Read a post by Karim Temsamani, president, Asia-Pacific Operations of Google, on the investment here:

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