As a part of its global expansion, Alibaba announced today that both its payment affiliate Alipay and Taobao marketplace are committed to bringing Australian products, brands and businesses closer to Chinese customers. This move is expected to boost Chinese consumption of Australian products by connecting Australian consumers with Chinese manufacturers.
Alipay has established a Sydney-based venture, Alipay Australia, which will work closely with Paybang, a joint venture by Alipay, in facilitating cross-border trade between the two countries.
In addition, Alipay has been working with Australia Post to sell, distribute and promote the Alipay purchase card across 4,400 retail outlets for Australian shoppers using Tmall.com and Taobao.
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