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Google Invests $550B In Chinese Ecommerce Giant

  • CNBC, Monday, June 18, 2018 5:04 PM

Google is planning to invest more than half a billion dollars in Chinese ecommerce giant, “As part of a strategic partnership, Google will put $550 million in cash into,” CNBC reports. “The two tech companies said they would work together to develop retail infrastructure that can better personalize the shopping experience and reduce friction in a number of markets, including Southeast Asia.”

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