Australia was ranked the fourth highest selling country in Chinese online retailer Aibaba’s Global Shopping Festival last Friday, driven by an increased number of Australian businesses participating, as well as what Alibaba describes as “stand-out performances” by several local retailers and brands.
Giant Chinese online retailer, Alibaba, says consumers in China purchased goods to the value of US$7 billion in the first two hours of this year’s 11.11 Global Shopping Festival held on Friday, exceeding the value of purchases in the entire 24 hours of the 2013 shopping festival.
Alibaba is collaborating with the Australian Trade and Investment Commission (Austrade) in a deal aimed at strengthening trade opportunities by expanding the variety of Australian products sold to some of Alibaba’s Chinese consumers through its e-commerce platforms.
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