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The deal is said to value Nature’s Care, Australia’s third-largest vitamins firm, at about A$800 million ($619.92 million).
The move underscores how China’s retail market is dividing into two camps around Alibaba and Tencent.
JD Logistics was valued at $10.9 billion prior to the new funding.
China is the world’s largest video games market, registering an estimated $32.5 billion in sales last year,
Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition in the space from rival Tencent.
Tencent’s investment points to heated competition with rival ticketing app Taopiaopiao owned by Alibaba.