1 DRAFT LAW ON AMENDMENTS TO THE GENERAL LAW ON TAXATION TO BE SUBMITTED TO PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/06/05      2 THE FALL OF MONGOLIA’S COALITION GOVERNMENT WWW.THEDIPLOMAT.COM  PUBLISHED:2025/06/05      3 REVISED DRAFT LAW ON VALUE ADDED TAX TO BE SUBMITTED TO PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/06/05      4 MONGOLIA SOLAR TENDER: 19.8 MW SOLAR PLANT FOR A STUNNING FUTURE WWW.PVKNOWHOW.COM  PUBLISHED:2025/06/05      5 GOLD PURCHASE BY MONGOLIA'S CENTRAL BANK DOWN 29.3 PCT IN 1ST 5 MONTHS OF 2025 WWW.XINHUANET.COM PUBLISHED:2025/06/05      6 FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS APPOINTS NEW REPRESENTATIVE IN MONGOLIA WWW.GOGO.MN PUBLISHED:2025/06/05      7 MONGOLIA:REGULATORY SANDBOX FRAMEWORK HAS BEEN AMENDED AND APPROVED WWW.ASIAINSURANCEREVIEW.COM  PUBLISHED:2025/06/05      8 RESOURCE-RICH MONGOLIA FACES POLITICAL UNCERTAINTY AFTER THE PRIME MINISTER RESIGNS WWW.APNEWS.COM PUBLISHED:2025/06/04      9 WHY MONGOLIA’S PRIME MINISTER RESIGNED WWW.TIME.COM PUBLISHED:2025/06/04      10 MONGOLIA PM RESIGNS AFTER SON'S LUXURY HOLIDAY STIRS PUBLIC FURY WWW.BBC.COM PUBLISHED:2025/06/04      ЕРӨНХИЙ САЙДАД НЭР ДЭВШИГЧДИЙГ МАРГААШ ТОДРУУЛНА WWW.ZINDAA.MN  НИЙТЭЛСЭН:2025/06/05     МОНГОЛЫН ИРГЭД ОХУ РУУ ЗОРЧИХДОО ШИНЭ ЖУРАМ МӨРДӨНӨ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/05     АЛБАДАН ГАРГАСАН ГАДААДЫН ИРГЭДИЙН ТОО ӨМНӨХ ОНЫ МӨН ҮЕЭС 71 ХУВИАР ӨСЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/05     МОНГОЛБАНК ЗАСГИЙН ГАЗРЫН “ХАМЖИГЧ”-ААР АЖИЛЛАСНЫ АЛДАГДАЛ 3.6 ИХ НАЯД ТӨГРӨГТ ХҮРЧЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/05     НИЙГМИЙН ДААТГАЛЫН БАГЦ ХУУЛЬ: АЖИЛ ОЛГОГЧДЫН ТӨЛДӨГ НДШ-ЭЭС 2 ХҮРТЭЛХ ХУВИЙГ ХӨНГӨЛНӨ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/05     ДОТООДЫН МАХ, МАХАН БҮТЭЭГДЭХҮҮНИЙ ҮНЭ ЖИЛИЙН 18.2 ХУВИАР ӨССӨН НЬ ИНФЛЯЦИД НӨЛӨӨЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/05     2026 ОНЫ АЗИ ТИВИЙН ШАТРЫН АВАРГА ШАЛГАРУУЛАХ ТЭМЦЭЭНИЙГ МОНГОЛ УЛСАД ЗОХИОН БАЙГУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/05     ШИНЭ ЕРӨНХИЙ САЙД ТОМИЛОХ МАН-ЫН БАГА ХУРАЛ МАРГААШ БОЛНО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/04     Н.УЧРАЛ: ТӨК-ИЙН ЗАХИРГААНЫ ОРОН ТОО, ТУЗ-ИЙН ТООГ БУУРУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/06/04     ТАТВАРАА ТӨЛӨӨГҮЙ 103 МЯНГАН ЭЗЭМШИГЧ БАЙНА, БАРАГДУУЛААГҮЙ ТОХИОЛДОЛД ЗАМЫН ХӨДӨЛГӨӨНД ОРОЛЦУУЛАХГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/04    

Google to invest $550 million in Chinese e-commerce giant JD.com www.reuters.com

SINGAPORE (Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse JD.com (JD.O), part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com (AMZN.O).

The two companies described the investment 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.

Company officials said the agreement initially would not involve any major new Google initiatives in China, where the company’s main services are blocked over its refusal to censor search results in line with local laws.

JD.com’s investors include Chinese social media powerhouse Tencent Holdings Ltd (0700.HK), the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd (BABA.N), and Walmart Inc (WMT.N).

Google is stepping up its investments across Asia, where a rapidly growing middle class and a lack of infrastructure in retail, finance and other areas have made it a battleground for U.S. and Chinese internet giants. Google recently took a stake in Indonesian ride-hailing firm Go-Jek, and sources have told Reuters that it may also invest in Indian e-commerce upstart Flipkart.

Google declined to comment on the rumored Flipkart deal. The JD.cominvestment is being made by the operating unit of Google rather than one of parent company Alphabet’s (GOOGL.O) investment vehicles.

JD.com Inc
43.59
JD.ONASDAQ
-0.16(-0.37%)
JD.O
JD.OAMZN.O0700.HKBABA.NWMT.N
Google will get 27.1 million newly issued JD.com Class A ordinary shares as part of the deal. This will give them less than a 1 percent stake in JD, a spokesman for JD said.

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. Japan’s SoftBank Group Corp (9984.T), which is making big internet investments around the globe, is a major investor in Alibaba.

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

Company officials said the deal would marry Google’s market reach and strength in analytics with JD.com’s expertise in logistics and inventory management.

(This version of the story has been corrected to remove erroneous reference to JD.com’s partnership with Carrefour in paragraph 4. A typo in paragraph 6 has also been corrected.)

Reporting by Jonathan Weber; Editing by Stephen Coates



Published Date:2018-06-18