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Alibaba Group and Austrade Form Strategic Collaboration to Boost Exports to China

HANGZHOU, China--(BUSINESS WIRE)--Alibaba (Australia) Company Pty. Ltd., a member of Alibaba Group Holding Limited (NYSE:BABA) and the Australian Trade and Investment Commission (“Austrade”), signed a strategic collaboration agreement today to strengthen trade opportunities by expanding the variety of Australian products sold to some of Alibaba’s hundreds of millions of Chinese consumers through Alibaba’s e-commerce platforms. The agreement aims to broaden Alibaba’s existing partnership with Austrade by providing dedicated services for Australian products and leveraging digital content to build brand Australia abroad.

“Austrade’s collaboration with Alibaba will allow more Chinese consumers to enjoy easy online access to a wider variety of Australia’s premium products and fresh produce. Online delivery of imported fresh food in China is becoming increasingly viable as a result of improvements in last-mile cold chain logistics.”

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The signing of the agreement was witnessed at a ceremony at Alibaba’s corporate headquarters in Hangzhou by Australian Prime Minister, Malcolm Turnbull, and Alibaba Group’s Founder and Executive Chairman, Jack Ma.

Prior to the signing of the agreement Jack Ma, Executive Chairman and Founder of Alibaba Group said, “The next chapter of trade between China and Australia will require closer cooperation and this agreement provides a new framework to ensure more...