JD opens door to Australia, NZ

The country's second-largest e-commerce site JD has officially opened its Australia and New Zealand headquarters in Melbourne, Australia as it accelerates expansion in overseas markets amid fierce competition from Alibaba Group Holding Ltd and Amazon.com Inc.

JD will offer Australian and New Zealand brands and retailers access to Chinese consumers through JD's exclusive partnership with Tencent Holdings Ltd, the owner of popular Chinese social networking platform WeChat.

The regional headquarters, which is based in the heart of Melbourne's business district, will provide low-cost and high-efficiency commodity circulation solutions for small and medium-sized enterprises in Australia.