Alibaba opens HQ in Melbourne

Source: Xinhua | 2017-02-06

Jack Ma (center) cuts the ribbon as Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries. Alibaba also signed a memorandum of understanding with Australia Post aimed at streamlining logistics between Australia and China and developing the first Australian marketplace within Alibaba’s Lazada eCommerce Network in Southeast Asia. — Xinhua