(Reuters) — Google will invest $550 million in Chinese ecommerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. 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 […]
KUALA LUMPUR (June 18): Prime Minister Tun Dr Mahathir Mohamad said today he had a good exchange of ideas on various subjects with Alibaba Group founder and executive chairman Jack Ma at their meeting in Putrajaya today.
Dr Mahathir disclosed this in a post uploaded on his official Twitter account, saying “we had a good exchange of ideas on a wide range of subjects”.
The meeting, for about an hour from 9 am, took place at Dr Mahathir’s office in Putrajaya.
Ma is in Malaysia as he is scheduled to open an Alibaba office in Bangsar South, here, later today.