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Google bets $550M on Chinese e-commerce firm

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Google is investing $550 million into Chinese e-commerce firm JD.com.

The companies announced Monday they will partner to sell goods online across Southeast Asia, the United States and Europe.

"This partnership with Google opens up a broad range of possibilities to offer a superior retail experience to consumers throughout the world," JD's chief strategy officer, Jianwen Liao, said in a statement.

Read more from CNNTech.

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