Google to invest $550M in Chinese e-commerce giant, which just opened a fully automated warehouse

Sorting robots at’s new fully automated warehouse in Shanghai, China. (Photo via

Google announced today that it will invest $550 million in Chinese e-commerce giant

The deal gives Google a path into the Chinese e-commerce market and does the same for in the U.S. and Europe. The two companies will work together to “explore the creation of next generation retail infrastructure solutions,” according to a news release. will make its products for sale in multiple regions via Google Shopping, which competes with as an online shopping search engine of sorts.

Valued at around $65 billion, bills itself as China’s largest retailer and competes locally with fellow China tech giant Alibaba. Much like Amazon, it invests heavily in technology, from testing out drone deliveries to opening up a fully-automated fulfillment center that employs just four people. touts its “retail as a service” offering, selling its technology and and infrastructure to other retailers. said earlier this year that it planned to make its U.S. debut in the second half of 2018, posing a new challenge for Amazon. has also been a strategic partner with Walmart since 2016. Walmart teamed up with Google last year as both battle Amazon.

Amazon does business in China via Amazon China and also sells its cloud computing services in the country.

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