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JD Builds on Google’s Goodwill with a Store

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Mar. 22 2019, Updated 11:45 a.m. ET

JD sets up a store on Google Express

JD.com (JD) has started selling on Google’s (GOOGL) online shopping platform, Google Express, according to Reuters. Through the Google Express store, Joybuy, JD sells a range of commodities such as electronics and kitchen appliances.

Last year, JD received a $550 million investment from Google. The companies also struck an agreement for Google to help JD extend its global reach. The store launch on Google Express seems to build on that agreement.

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Alibaba creates a special marketplace for small US businesses

Other major retailers that have tapped Google Express to extend their digital reach to keep up with Amazon (AMZN) include Walmart (WMT) and Target (TGT). However, Walmart, also an investor in JD, has since withdrawn from Google’s shopping platform.

JD’s start on Google Express comes just as domestic rival Alibaba (BABA) is teaming up with Home Depot (HD) to launch a special marketplace to connect small US businesses with overseas suppliers.

In the fourth quarter, JD’s revenue rose 22.4% YoY (year-over-year) to $19.6 billion. Meanwhile, Alibaba’s, Amazon’s, and eBay’s (EBAY) grew 41%, 20%, and 6.0% YoY, respectively.

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