What Google’s $550 Million JD.com Investment Says About Who’s Who in Global Retail

Google sets its sights eastward as it looks to strengthen its position against players like Amazon and Alibaba. — CREDIT: Shutterstock

The future of retail is happening in the Far East, and Google wants $550 million of it. That’s how much the Mountain View, Calif.-based company is investing in JD.com, the second-largest e-commerce player in China, in exchange for 27 million shares. As retail powers consolidate toward Amazon and Alibaba, Google’s recent moves point to the…

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