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Alibaba Group Holding Limited, branded as Alibaba (/ ˌ æ l i ˈ b ɑː b ə, ˌ ɑː-/), is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.
- Jack Ma - Wikipedia
Jack Ma Yun (Chinese: 马云; pinyin: Mǎ Yún; born 10 September...
- Alibaba Group - Simple English Wikipedia, the free encyclopedia
Alibaba Group Holding Limited, known as Alibaba (Chinese:...
- Jack Ma - Wikipedia
- History
- Listing
- Restructuring
Early Years
On 28 June 1999, Jack Ma and 17 friends started Alibaba.com, an online business marketplace, in Ma's apartment in Hangzhou, China. In October of the same year, Alibaba got a $25 million investment from Investor AB, Goldman Sachs, and SoftBank. The goal of Alibaba.com was to improve online shopping in China, especially for small and medium-sized businesses, and to help Chinese products sell globally while dealing with challenges from the World Trade Organization. By 2002, Alibaba.com started m...
Expansion
In 2005, Yahoo! invested $1 billion in Alibaba, buying a 40% company share. When Alibaba went public, Yahoo! made $10 billion from their investment alone. In 2012, China Investment Corporation led a group of Chinese investors to buy Yahoo!'s 40% share in Alibaba.: 130 In 2013, Alibaba planned to open traditional stores with Wanda Group. They also bought a 25% share in Intime Retail, a Chinese department store chain, in early 2014.In 2017, Alibaba and Intime's founder agreed to take the store...
In May 2019, Bloomberg reported that Alibaba might raise $20 billion with a second listing in Hong Kong. In November 2019, they raised $12.9 billion in this listing, the year's largest offering. On 10 September 2019, Jack Ma stepped down as chairman, and Daniel Zhang took over.[source?] In November 2020, The Wall Street Journal said President Xi Ji...
In March 2023, Alibaba announced a restructuring plan called "1+6+N". They divided their business into six separate parts: Cloud Intelligence Group, Taobao and Tmall Group, Cainiao Smart Logistics Network, Local Services Group, Alibaba International Digital Commerce, and the Digital Media and Entertainment group. Each part would have its CEO and bo...
4 days ago · Headquartered in Hangzhou, China, Alibaba is probably best known for its e-commerce activities that span various online marketplaces including Alibaba.com, AliExpress.com, Taobao, and Tmall. Alibaba’s business model bypasses traditional retailer functions like holding inventory and managing logistics.
Feb 13, 2018 · China’s Alibaba Group is one of the world’s largest businesses, with revenues over $23 billion in 2017. Here’s how the company grew to its present form.
- Tarun Mittal
Here is the history of Alibaba and how one man's vision helped changed the way we buy goods and services. Alibaba is one of the largest technology companies in the world and it has a great...
Sep 18, 2014 · Profile of Jack Ma, the man who founded China's internet giant Alibaba, which now sells more than both Amazon and eBay combined.
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Alibaba.com-Alibaba Group. Leading wholesale marketplace for global trade. The first business of Alibaba Group, Alibaba.com is China’s largest integrated international online wholesale marketplace in 2021 by revenue, according to Analysys.
