News No. 7: Alibaba opens Australian New Zealand headquarters in Melbourne on Saturday
China-based ecommerce giant Alibaba will set up their Australian and New Zealand headquarters in Melbourne on Saturday.
Alibaba is an online e-commerce market in China, very similar to eBay, but on a larger scale.
Each year more than four hundred and twenty nine million nine hundred and ninety nine thousand nine hundred and ninety nine users use and generate 12.7 billion orders.
Alibaba`s founder and chairman Ma Yun went to Melbourne, Victoria on Saturday to cut ribbon for Alibaba`s headquarters.
On Saturday, 300 local dignitaries, businessmen and government officials will attend the inauguration of Alibaba`s headquarters.
State Governor Daniel Andrews and Federal Commerce Secretary Arthur Sinodinos will also be there to celebrate and deliver speeches.
At last year`s G20 meeting in China, Australia`s Austrade and Alibaba signed an agreement to work together to bring Australian businesses and products into the Chinese market.
At present, more than 1300 Australian small and medium-sized enterprises are opening up the Chinese market through the Alibaba platform, a number that is expected to grow rapidly.
At that time, Prime Minister Turnbull also made a special visit to Alibaba`s headquarters in Hangzhou.
Ma Yun also has very close ties with Australia. His first overseas visit was Australia. Please see in detail:
===========
Weekend feature: 30 years of deep affection between Jack Ma and a family in Australia
Weekend feature: Ma Yun, founder of Alibaba, a Chinese billionaire, donated A $26 million to Newcastle University in memory of his mentor.
===========
Jack Ma and U.S. President Donald Trump, who flew to the United States to meet Trump before he became president of the United States, also know each other.
Alibaba promised to open a branch in the United States to help American goods and small enterprises into the Chinese market.
Ma is now worth A $37 billion, according to Forbes.
