Google JD com the collaboration of 550 million dollars

Google announced a multi-million dollar investment in JD.com, hoping to enter the Chinese retail market.

With 550 million dollars, the company will work with JD.com to "speed up how retail ecosystems offer services that are useful, personalized and of high quality".google

"With the application of JD.com supply chain and know-how and with our technological strength, we will explore new ways in which retailers can easily sell their goods to their consumers, giving them the option to buy from anywhere. and if they want "says the posting the company.

According to Google, the Asia-Pacific is one of the largest and fastest-growing e-commerce markets in the world, with Southeast Asian consumers expected to spend $88,1 billion online by 2025.

"These consumers from Asia are ready to buy, but it is difficult to be happy," continued the blog post, signed by APAC President Karim Temsamani.

As part of the partnership, JD.com will join Google Shopping, enabling the purchase of some of by consumers in many regions of the world.

The contradictions

Here we recall that the European Commission last June imposed a fine Google for abuse of the search engine to promote its own products, displaying them at the top of search results.

China, on the other hand, has long exploited the world's most sophisticated censorship mechanism, also known as the Great Firewall, hampering the services of major Silicon Valley companies.

Social networks such as Facebook, and YouTube are blocked in the country. Recently a pilot free trade zone operating in Shanghai has allowed some access to such content, although it is still very limited. Services such as Outlook and Gmail are also banned by the country's laws.

The Chinese government has closed streaming services and has issued repeated warnings about the need to clean the content of local websites.

In fact, in early 2016, China upgraded the Great Firewall and began banning the use of VPNs, with the aim of promoting the "healthy growth" of the Internet in China. The ban on VPNs by China came into force in March 2018.

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Written by giorgos

George still wonders what he's doing here ...

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