Google signs China deal

Google is investing $550m (€474m) in cash in China’s JD.com as the US company pushes deeper into online commerce.

Google signs China deal

By James Thornhill and Yoolim Lee

Google is investing $550m (€474m) in cash in China’s JD.com as the US company pushes deeper into online commerce. It will buy newly issued class A shares at $20.29 per share, the companies said in a joint statement.

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