Home > Industry > PM Enlists Jack Ma To Push Oz

PM Enlists Jack Ma To Push Oz

PM Enlists Jack Ma To Push Oz

Prime Minister Malcolm Turnbull has inked a deal with Alibaba’s founder Jack Ma to help Australian food producers and other businesses gain access to the China economy via its online portal.

Turnbull visited the Alibaba headquarters while attending a G20 Summit in the eastern Chinese city of Hangzhou, where he witnessed the signing by Austrade of an agreement with Alibaba.

Described as a strategic collaboration agreement, this will see businesses will gain access via Alibaba’s Tmall.com and Tmall Global websites to sell goods such as fresh food online. Alibaba markets have more than 434 million users and takes 12.7 billion orders each year.

There are already more than 1300 Australian brands on the two online platforms, 80 percent of which had never before reached the Chinese market.

An Alibaba hub office is planned for Melbourne by the end of the year to support local operations in Australia and New Zealand.

You may also like
Alibaba Singles Day Sales Surpass $2B
IBM To Acquire Cloud Computing Firm Red Hat For $47 Billion
Alibaba Reneges On US Jobs Promise, Cites Trade Conflict
Alibaba Announces Daniel Chang As Successor to Jack Ma
Alibaba Revenue Up 61% Despite US Tension