Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on 4
th Feb 2017.
This marks its first expansion in the region as it seeks to tap growing global demand for products from the two countries.
The group's billionaire founder Jack Ma said he hoped the e-commerce giant would help Australian and New Zealand businesses expand.
There are more than 1,300 Australian and 400 New Zealand brands on Alibaba's Tmall and Tmall Global.
Alibaba Group's vision for the ANZ region is to build the entire operating infrastructure needed to enable local businesses to expand globally.
Further growth is planned in the areas of cloud computing, payments, digital entertainment and logistics.
Alibaba also signed a memorandum of understanding with Australia Post aimed at streamlining logistics between Australia and China.
It aims at developing the first Australian marketplace within Alibaba's Lazada eCommerce Network in Southeast Asia.
