JD.com to establish branch in Australia for ANZ eCommerce expansion
Date: 2018-02-09   Author: Dhananjay Punekar  Category: #news

JD.com, one of the most renowned eCommerce firms based in China, has decided to set up an office in Australia to speed up its growth across the ANZ region. Reportedly, the firm’s new headquarters in the Australia & New Zealand region is most likely to be established in Melbourne’s CBD.

According to Power Retail, the online retailer has followed the footsteps of Alibaba and Amazon, both of which already have a presence in the country. The President of JD.com has announced that Australian brands across the food & agriculture, dairy, and cosmetics sectors are in high demand on its web portal. Supporting the firm’s strategic decision, he also declared that the new set-up near Collins street in Australia will help in fulfilling the demand of online shoppers for regional products.  

The firm is anticipated to provide access to its 266.3 million online customers to ANZ brands & retailers. Additionally, it has also collaborated with Tencent Holdings Limited & WeChat through which it can assist ANZ products & vendors reach over 900 million potential customers. The key officials of the firm have claimed that the new unit will facilitate its business expansion with convenient access to the services of Australia’s shipping port, government support, and easy availability of many local dealers.

JD’s new establishment apparently, will also assist novel brands to work on the firm’s platforms. Its regional unit in Melbourne has recruited business development executives for engaging Australian businesses on JD platforms for offering services to the small & medium enterprises in the region. The firm’s alliance with Walmart & Tencent, is further anticipated to offer JD a competitive edge across the social media & retail sectors.

Industry analysts are of the view that the move will help in fulfilling the demand of the local consumers for high-quality products, thereby adding value to the firm’s business.



About Author


Dhananjay Punekar

Dhananjay Punekar

Dhananjay currently works as a content writer at AlgosOnline. A post graduate in mathematics as well as business administration, he worked as a process executive in Infosys BPO Limited before switching his professional genre. Following his childhood passion, he opted fo...

Read More

More from Dhananjay


Post Recommendents

ComfortDelGro announces trial of new fully electric taxis in Singapore
Author: Pankaj Singh

ComfortDelGro, a land transport company operating in seven countries, announced on Thursday that the trial of two fully electric taxis having fast-charging capabilities has commenced in Singapore. The two Hyundai Ioniq...


Grab-NUS deal to focus on mitigating urban transportation issues
Author: Pankaj Singh

Technology company Grab and the National University of Singapore (NUS) have reportedly formed a collaboration for an AI laboratory. The deal had been signed with the intention of brainstorming solutions for traffic con...


Walmart & Microsoft join hands, plan to take on rival Amazon
Author: Pankaj Singh

Walmart confirmed that it has entered a five-year partnership with Microsoft for using its cloud services and concentrating on additional projects based on artificial intelligence, machine learning and data platforms. ...