Discover all you need to know about Alibaba.com. Features, Pros and Contras. Install Alibaba.com and download the Most Updated Version Available
Alibaba.com is leading marketplace for B2B transactions, connecting millions of suppliers. Supplies Made to Order from World's Largest Supplier Base. Join Free! 2.5 Million
Search results
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
Jack Ma Yun (Chinese: 马云; pinyin: Mǎ Yún; born 10 September...
- Jack Ma
- 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...
Milestones. Alibaba Group was established in 1999 by 18 people led by Jack Ma, a former English teacher from Hangzhou, China. From the outset, the company’s founders shared a belief that the Internet would level the playing field by enabling small enterprises to leverage innovation and technology to grow and compete more effectively in the ...
Internet and financial services. Founded in 1999 by its leader Jack Ma and 17 others and based in Hangzhou, two hours south of Shanghai,, it is China’s largest e-commerce company, business-to-business site (B2C), Internet retailer and online auctioneer.
Category:Alibaba Group - Wikipedia. Appearance. Wikimedia Commons has media related to Alibaba Group. The main article for this category is Alibaba Group. Subcategories. This category has the following 6 subcategories, out of 6 total. Alibaba Group acquisitions (11 P) Alibaba Cloud (1 P) Alibaba Group people (20 P)
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...
People also ask
What does Alibaba stand for?
Is Alibaba a Chinese company?
What is the main article category for Alibaba Group?
When did Alibaba start?
How long will Alibaba Group last?
How did Alibaba get its name?
Alibaba's businesses are comprised of China commerce, international commerce, local consumer services, Cainiao, cloud, digital media and entertainment, and innovation initiatives and others.
