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Google To Invest $550 Million In Chinese E-Commerce Giant JD.com (yahoo.com)

Posted by BeauHD on from the large-chunk-of-change dept.

hackingbear shares a report from Yahoo News: Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets. For JD.com, the Google deal shows its determination to build a set of global alliances as it seeks to counter Alibaba, which has been more focused on forging domestic retail tie-ups.

30 comments

  1. John Oliver just did an interesting piece by rsilvergun · · Score: 1

    about China. It's his usual shtick, but it dovetails into this nicely. China's expanding their reach economically. That's not necessarily a good thing. Towards the end of that video they make the point that European governments have stopped talking about the Chinese government's human rights abuses. Not that my government are saint's either. But at least they're getting called out on it without reprisal threats (that I know of to be fair).

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
    1. Re:John Oliver just did an interesting piece by ShanghaiBill · · Score: 1

      European governments have stopped talking about the Chinese government's human rights abuses.

      Is there any evidence that "talking about" rights in China was helping? Maybe Westerners should accept that it is not their place to "fix" China. That is up to the Chinese people.

      The Chinese people are more likely than Americans or Europeans to trust their government, and to believe it represents their interests.

      Also, an American is four times more likely to be arrested and incarcerated by their government, compared to China.

    2. Re:John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      In China you cannot even access information that is critical of the government.

      The government controls the press. So you link to some Chinese government propaganda to say how much the Chinese trust their government. I'd be just as convinced by a North Korean link showing how much North Koreans love their government.

      So, according to you, an evil totalitarian government is OK as long as the use a big police state to hide their corruption and lies.

      Here in the US we are critical of its own government because we actually have some idea of the corruption that is going on. In China you are behind the great firewall.

    3. Re:John Oliver just did an interesting piece by ShanghaiBill · · Score: 1

      So you link to some Chinese government propaganda ...

      The referenced polls and surveys were conducted by American organizations.

    4. Re: John Oliver just did an interesting piece by fubarrr · · Score: 0

      Man, are you ever checking replies to your comments?

      I'm in Shenzhen till Saturday. Any chance you have time for a beer? my weixin baybal_mk2

    5. Re:John Oliver just did an interesting piece by AHuxley · · Score: 1

      AC its getting much more creative in China.
      The "In China you cannot even access information that is critical of the government." is now moving to collect any information thats critical of the government and connecting it back to the user.
      As the Communist government in China has total control over a person the government can start to take away some of them more accepted and useful parts of a persons ability to function.
      A persons access to fast transport, a passport, their banking, to get a loan, good health care, housing in a part of China, to stay at work, pensions, further education, the removal of the results of all past education. All aspects of a persons ability to interact with modern society have the ability to be rationed or removed.

      Social Credit System https://en.wikipedia.org/wiki/...

      --
      Domestic spying is now "Benign Information Gathering"
    6. Re: John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      Social Credit System - coming soon to Soviet America under the name "Earned Public Reputation". Brought to us by our local brown shirt Progressives.

    7. Re:John Oliver just did an interesting piece by ShanghaiBill · · Score: 1

      In China you cannot even access information that is critical of the government.

      Not true. You can find plenty of critical information in China. Ironically, anyone in China can read YOUR POST since Slashdot is not censored.

      So, according to you, an evil totalitarian government is OK ...

      China is authoritarian, not totalitarian. This is 2018, not 1968, and Xi Jinping is not Mao Zedong.

      You should get a passport and go visit China. You may be shocked at how different things are compared to the narrative that you have been spoon fed by the American media.

    8. Re: John Oliver just did an interesting piece by ShanghaiBill · · Score: 0

      I'm in Shenzhen till Saturday.

      Sorry, I am in San Jose, California. I won't be back in China until August, and then only for a few weeks.

    9. Re:John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      Not true. You can find plenty of critical information in China. Ironically, anyone in China can read YOUR POST since Slashdot is not censored.

      Which is strange, because https://soylentnews.org/ is.

    10. Re: John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      Got it, feel fee do add me to weixin though

    11. Re: John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      No that is Soylentnews censoring you! They appear to be blocking any IP outside the US, I'm in Philippines and can't get them but could a few years ago.

    12. Re: John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      It's liberal media. You can't blame Republicans for CBS' bullshit. The images of immigrant kids in cages were actually from an unrelated anti-Trump rally and the picture of the ICE bus full of baby seats was taken under Obama. It's totally fake libtard news.

    13. Re:John Oliver just did an interesting piece by cascadingstylesheet · · Score: 1

      A persons access to fast transport, a passport, their banking, to get a loan, good health care, housing in a part of China, to stay at work, pensions, further education, the removal of the results of all past education. All aspects of a persons ability to interact with modern society have the ability to be rationed or removed. Social Credit System https://en.wikipedia.org/wiki/...

      So primitive; in America we just control all that with social media and lynch mobs.

    14. Re: John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      Can't be everyone outside the US, since I can reach the site just fine from the UK.

    15. Re:John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      Yeah, but nibbaz is 4x lots of things.

    16. Re:John Oliver just did an interesting piece by Anonymous Coward · · Score: 0

      So you can freely discuss Tianenmen Square? You can freely express discontent over a government change?

      If the government is telling the people that everything is good, and block anything that says it isn't... is that free access to anything?

  2. Trump will invest his life in Federal Prison by Anonymous Coward · · Score: 0

    More time to read, right?

    1. Re: Trump will invest his life in Federal Prison by Anonymous Coward · · Score: 0

      You tell 'em, Comrade Wang!

  3. Wouldn't it be funny by alvinrod · · Score: 2

    Wouldn't it be funny if some years later this played out similarly to the Yahoo/Alibaba deal? Google would become a useless husk that's being sold off to a mobile carrier for brand name and parts while their stake in a Chinese company is where the majority of the value is at.

    I don't really see that happening as I haven't seen anything that would be a technological challenger to Google on a wide scale, but one never knows how the landscape will have changed in a decade.

    1. Re:Wouldn't it be funny by Anonymous Coward · · Score: 0

      Ali group is already half as valuable as google, and growing faster than google.

      China is pushing big into machine learning and other advanced technologies. Ali has backing of Chinese govt. Their online sales make Amazon Co look like small fry.

      It is not reached yet, but it is almost inevitable that it become larger than google. Question is when not if.

    2. Re:Wouldn't it be funny by AHuxley · · Score: 1

      Like all the other bands that entered Communist China since the 1970's and thought they would be selling to millions of people and make billions in new profits?
      No ability to move profits out of China. All later profits became lost to unexpected local costs.

      --
      Domestic spying is now "Benign Information Gathering"
  4. China is run by Republican boobs by Anonymous Coward · · Score: 0

    The only difference is they aren't ALLOWED to admit their leaders are full of shit, whereas US Republicans are simply too COWARDLY to do so, because they put party before country without a second thought every time, every issue.

  5. Chinese Communist Party is Evil by Anonymous Coward · · Score: 0

    Chinese human rights abuses are well documented. You just think China is nice because you can't find out the truth about what really happens there.

    Google will have a higher loyalty to China.

    Google is being evil. They support the police state.

    1. Re: Chinese Communist Party is Evil by Anonymous Coward · · Score: 0

      They didn't demolish skyscrapers full of civilians and blame Bin Laden, so they're not so bad. AE911Truth org

  6. so stupid america starts trade war wiht canada.... by Anonymous Coward · · Score: 0

    so stupid america starts trade war with canada, thus perhaps in future if things get going more and more trade war happy into Chinese hands YOUR IDIOTS ARE FUCKING RETARDED EVERY LAST ONE OF YOU.

  7. A Dangerous Road for Google (and us) to go down by aberglas · · Score: 1

    You cannot do business in China without doing it the Chinese way. Once Google has a sizable investment there they will want to protect it. And China will make use of that.

    It would not matter so much for a car company or a steel company. But Google tells us what to read. We trust it to find information for us. Including about the 3 Ts, Tianamin, Tiawan and Tibet. A little pressure here, a little pressure there.

    One saving grace was that Google had a culture of internal debate and openess. But that went with the Damore memo.

    So we live in insteresting, self-censoring times.

  8. The most Google search alternatives Privacy by Anonymous Coward · · Score: 0

    I’ll show you the most google search alternatives privacy should know that could replace. As you all know for doing a web search, google is the most popular search engine in the world.
    If you’re concerned with google keeping track of your search history not happy with their search results or looking for a change of scenery. You should know about these alternatives.
    The most popular google Search Alternatives

    1. Re:The most Google search alternatives Privacy by Anonymous Coward · · Score: 0

      http://ehelperteam.com/2018/05/09/the-most-google-search-alternatives-privacy/