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Alibaba Group Holding Limited, branded as Alibaba (/ ˌæliˈbɑːbə, ˌɑː -/), 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
Explore Authentic Alibaba Group Stock Photos & Images For Your Project Or Campaign. Less Searching, More Finding With Getty Images.
Jan 4, 2020 · From Wikimedia Commons, the free media repository. English: Alibaba Group. 中文： 阿里巴巴集团. Subcategories. This category has the following 21 subcategories, out of 21 total. Alibaba Group personnel (2 C, 8 F) 2. Alibaba Group in 2019 (2 F) Alibaba Group in 2022 (21 F) Alibaba Group in 2023 (8 F) Alibaba Group advertisements (8 F)
- 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 ...
All images in this media library are provided only for editorial use by accredited members of the media. Use of the images should be accompanied by the following credit line: “Source: www.alibabagroup.com.”
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Sep 18, 2023 · English: Alibaba Group Holding Limited, also known as Alibaba Group and Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.
