Bubs lifts China profile with Alibaba deal

Infant formula maker Bubs Australia has started selling products via China's largest e-commerce platform, Alibaba, giving it access to 580 million consumers.

Infant formula maker Bubs Australia has significantly increased its potential market in China by securing a deal to sell its products on China's largest e-commerce platform, Alibaba.

Alibaba has 580 million monthly users across its apps.

"Alibaba is one of the largest retailers in the world," Bubs Australia founder managing director Kristy Carr said on Friday.

"This is therefore an important milestone in the evolution of our cross-border e-commerce strategy, that will significantly broaden our reach to Chinese parents."

Bubs Australia has now launched a flagship store on Tmall Global, one of Alibaba's platforms

Bubs Australia said mother and baby products are the second largest category on Alibaba, spearheaded by infant formula.

"As the only Australian vertically integrated producer of goat milk infant formula, we will be in a unique position to offer Chinese parents comfort that we have complete control over the quality and scalability of our supply chain back to the farm gate," Mrs Carr said.

Bubs, which already this week had agreed to supply China-based New Times Asia in a deal that more than doubles its annual sales revenue, also said on Friday that it has also applied for the licence it needs to sell Chinese-labelled products in stores in China.


Share

2 min read

Published

Source: AAP



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world