German supermarket franchise Aldi has been taking ground from Australia’s dueling retail giants, Woolworths and Coles since 2001. It now hold around 15 percent of the supermarket space with 350 stores across the country and A$4 billion ($3 billion) in annual sales. With the help of Tmall Global, operated by Alibaba, Aldi is now expanding sales into China using Australian suppliers, it was announced on Friday [3 March 2017]…Full Article: China Daily Mar 2017
- ALDI Australia, a low-priced bulk distributor, will likely focus on selling wine, snacks, and breakfast products in China.
- In February 2017, Alibaba Group opened its Australian and New Zealand headquarters in Melbourne, Australia. Alibaba’s Tmall and Tmall Global sell more than 1,300 Australian and 400 New Zealand brands. During the same month, Australian supermarket chain, Woolworths, announced it would accept Unionpay cards. According to China UnionPay Co., Australia is home to the largest number of UnionPay (payment) terminals outside of China.
- In September 2016, Alibaba Group’s Tmall launched an online store to promote Australian wine. The new wine online store on Tmall.com will be managed by China’s Vinehoo.com.
- Launched in 2008 and owned by Alibaba Group, Tmall.com was spun off from Taobao.
Hong Kong Trends