China’s online shopping giant VIP.com opened around 5,400 square metre warehouse in Australia

Date: 14:41, 23-11-2017.

Almaty. November 23. Silkroadnews - China’s online shopping giant VIP.com opened around 5,400 square metre warehouse in Australia, Australian Internet portal Business Insider reported.
“VIP.com, China’s third largest online shopping site behind TMall and JD, has just opened its own 5,400 square metre warehouse in Sydney to house premium Australian products,” the report said.
It is explained that the VIP.com warehouse is the center of receipt and storage of Australian goods to be sold in China.
The new warehouse is located in the western suburbs of Sydney and is the first in Australia, wholly owned by VIP.com. VIP.com rents two more warehouses near Sydney Airport.
VIP.com, with 300 million consumers, is the main way of exporting Australian goods. The site differs from TMall and JD in that it buys from manufacturers, and does not offer a platform for online sales.
Currently in Sydney the head of VIP.com’ global buying department Hillary Wang intends to hold talks with 200 current and potential Australian suppliers of goods for women.
“Australian products are known to Chinese as reliable, of a high standard, and clean and green. That’s why Australia is our number one for revenue and over the next 12 months we are looking to procure over $500 million in products for the Chinese consumer,” the agency quoted her saying.
In addition, VIP.com in Australia has big suppliers of fashion clothing and accessories, cosmetics, food, including baby food.
“In one recent promotion, $4 million of the sheepskin shoes were sold in just seven hours. VIP.com gets 28 million unique visitors a day. The site will turn over more than $US10 billion this year,” the publication reads.

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