May 22, 2018 Last Updated 7:58 AM, May 18, 2018

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Alibaba opens Australian and NZ headquarters

online CCAusBNAusBN - Chinese online retailer Alibaba Group (NYSE: BABA) has opened its Australian and New Zealand headquarters, as it continues to expand and strengthen its ties to the region.

Alibaba is owned by Jack Ma, one of China's richest businessmen. 

The new office in Melbourne will serve as the HQ for the company’s Australian and NZ operations, and will be led by ANZ managing director Maggie Zhou.

The Melbourne team will support the 1,300 Australian and 400 New Zealand business that currently sell on Alibaba’s Tmall and Tmall Global sites.

In a statement, Zhou said: “A physical Alibaba headquarters is a key step in ensuring Australian businesses have the support and information they need to succeed in China and the rest of the world.”

Zhou also stated the company’s aim to expand beyond just e-commerce services to Australian businesses, looking to provide cloud computing services along with online payments, logistics and digital entertainment.

Alibaba also signed a memorandum with Australia Post, with the intention of streamlining logistics services between Australia and China, and creating the first Australian marketplace within the firm’s Lazada eCommerce Network in south east Asia. 

@AusBNOnline

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