Alibaba

Extracted Attributes

• Type

  Multinational technology company

• Founded

  1999-06-28

• Full Name

  Alibaba Group Holding Limited

• Branded As

  Alibaba

• Headquarters

  Hangzhou, Zhejiang, China

• Specializations

  E-commerce, retail, internet, technology, cloud computing, digital media and entertainment, logistics, artificial intelligence, venture capital, investment, financial services

• American IPO Date

  2014-09-19

• Business Presence

  Hong Kong, China, Singapore, Taiwan, Korea, United States, United Kingdom, Italy, France, Germany, Netherlands, Japan, Australia, New Zealand

• Founding Location

  Hangzhou, Zhejiang, China

• Number of Employees

  194,320

• Largest B2B Marketplace

  Alibaba.com

• Largest B2C Marketplace

  Tmall

• Largest C2C Marketplace

  Taobao

• Valuation (January 2018)

  Broke US$500 billion mark

• American IPO Amount Raised

  US$25 billion

• Ranking (AI Company, 2020)

  Fifth-largest

• Current Core Business Focus

  E-commerce, Cloud Computing

• Market Value at American IPO

  US$231 billion

• Global Brand Valuation (2022)

  Ninth-highest

• Ranking (Retailer/E-commerce)

  One of the world's largest

• Ranking (Forbes Global 2000, 2020)

  31st-largest public company in the world

• Largest IPO in History (at the time)

  Yes

Timeline

• Alibaba Group Holding Limited was founded in Hangzhou, China. (Source: Summary, Wikipedia, Web Search)

  1999-06-28

• Jack Ma launched Alibaba.com, the primary business of Alibaba. (Source: Web Search)

  1999

• Received venture seed capital from Goldman Sachs. (Source: Web Search)

  1999-10

• Received venture seed capital from SoftBank, totaling $25 million with Goldman Sachs' investment. (Source: Web Search)

  2000-01

• Launched Taobao to compete with eBay in the Chinese market. (Source: Web Search)

  2003

• Became a public company, debuting on the HKEX (Hong Kong Stock Exchange). (Source: Web Search)

  2007-11

• Announced a commitment to earmark 0.3% of annual revenue for environmental protection initiatives. (Source: Web Search)

  2010

• Alibaba.com became the world's largest online B2B trading platform for small businesses. (Source: Web Search)

  2014

• Had its American initial public offering (IPO) on the New York Stock Exchange, raising US$25 billion and valuing the company at US$231 billion, making it the largest IPO in world history at the time. (Source: Summary, Wikipedia)

  2014-09-19

• Became the second Asian company to break the US$500 billion valuation mark. (Source: Wikipedia)

  2018-01

• Set a new record on China's Singles' Day, the world's biggest online and offline shopping day. (Source: Wikipedia)

  2018

• Chinese regulators pulled the plug on the massive listing of its financial affiliate Ant Group, leading to increased scrutiny and a crackdown on Alibaba's empire. (Source: Web Search)

  2020-10

• Underwent its biggest overhaul in history, splitting the company into six business groups to enhance agility. (Source: Web Search)

  2023

• Eddie Yongming Wu took over as CEO and Joe Tsai became Chairman as part of sweeping management changes. (Source: Web Search)

  2023-09

• Jack Ma re-emerged publicly, praising the company's reorganization and transformations. (Source: Web Search)

  2024-04-10

Alibaba Group

Alibaba Group Holding Limited, branded as Alibaba (), is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors. On 19 September 2014, Alibaba's American initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. It is one of the top 10 most valuable corporations, and is named the 31st-largest public company in the world on the Forbes Global 2000 2020 list. In January 2018, Alibaba became the second Asian company to break the US$500 billion valuation mark, after its competitor Tencent. As of 2022, Alibaba has the ninth-highest global brand valuation. Alibaba is one of the world's largest retailers and e-commerce companies. In 2020, it was also rated as the fifth-largest artificial intelligence company. It is also one of the biggest venture capital firms and investment corporations in the world, as well as the second largest financial services group behind Visa via its fintech arm Ant Group. The company hosts the largest B2B (Alibaba.com), C2C (Taobao), and B2C (Tmall) marketplaces in the world. It has been expanding into the media industry, with revenues rising by triple percentage points year after year. It also set the record on the 2018 edition of China's Singles' Day, the world's biggest online and offline shopping day.

Web Search Results

• Alibaba Group - Wikipedia

  Alibaba Group Holding Limited, branded as Alibaba (/ˌ æ l i ˈ b ɑː b ə,ˌ ɑː-/), is a Chinese multinationaltechnology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999( in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It [...] Alibaba is one of the world's largest retailers and e-commerce companies. In 2020, it was also rated as the fifth-largest artificial intelligence company.( It is also one of the biggest venture capital firms and investment corporations in the world, as well as the second largest financial services group behind Visa via its fintech arm Ant Group. The company hosts the largest B2B (Alibaba.com), C2C (Taobao), and B2C (Tmall) marketplaces in the world.( It has been expanding into the media [...] In 1999, Jack Ma launched the primary business of Alibaba, Alibaba.com, while working as an English teacher in Hangzhou. Alibaba.com later became the world's largest online B2B trading platform for small businesses as of 2014.( Alibaba.com has three main services: the English language portal Alibaba.com, which handles sales between importers and exporters from more than 240 countries and regions,( the Chinese portal 1688.com, which manages domestic B2B trade in China, and AliExpress.com, a

• Alibaba | History, IPOs, Acquisitions, & Controversies - Britannica

  Alibaba is a Chinese multinational conglomerate that operates across e-commerce, cloud computing, digital media, and financial technology (“fintech”). 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 got its start in 1999 as one of the first e-commerce platforms. Founded by Jack Ma in Hangzhou, Alibaba focused first on serving business customers with wholesale interests. Fast-forward to 2003, when Alibaba launched Taobao to compete with eBay. Focused on the Chinese market, Taobao is a consumer-to-consumer marketplace where individual sellers and small businesses can list their products. [...] In November 2007, Alibaba became a public company. The e-commerce company debuted on HKEX, Hong Kong’s stock exchange. According to Alibaba, its public share sale was the largest since Google’s initial public offering (IPO) in 2004.

• Alibaba Group Holding Ltd Company Profile - GlobalData

  Alibaba Group Holding Ltd (Alibaba Group) is a provider of e-commerce and technology infrastructure services. The company provides fundamental technology infrastructure services to merchants, brands, retailers and businesses to market, sell and operate using internet. Its businesses comprise core commerce, digital media and entertainment, cloud computing and other innovation initiatives. Alibaba Group provides services through its subsidiaries, including Taobao and Tmall. It also offers [...] logistic services through Cainiao Network. The company has business presence in Hong Kong, China, Singapore, Taiwan, Korea, the US, the UK, Italy, France, Germany, the Netherlands, Japan, Australia, and New Zealand. Alibaba Group is headquartered in Hangzhou, Zhejiang, China. [...] | Key Parameters | Alibaba Group Holding Ltd | Amazon.com Inc | Google LLC | Microsoft Corp | Meta Platforms Inc | --- --- --- | | Headquarters | China | United States of America | United States of America | United States of America | United States of America | | City | Hangzhou | Seattle | Mountain View | Redmond | Menlo Park | | State/Province | Zhejiang | Washington | California | Washington | California | | No. of Employees | 194,320 | 1,546,000 228,000 | 74,067 |

• Jack Ma - Wikipedia

  In October 1999 and January 2000, Alibaba won a total of a $25 million foreign ventureseed capital from the American investment bank, Goldman Sachs and the Japanese investment management conglomerate SoftBank.( The program was expected to improve the domestic Chinese e-commerce market and perfect an e-commerce platform for online Chinese enterprises to establish a presence for themselves to compete, especially fostering the growth of Chinese small and medium-sized enterprises (SMEs) as well as [...] From 1998 to 1999, Ma headed an information technology company established by the China International Electronic Commerce Center, a department of the Ministry of Foreign Trade and Economic Cooperation. In 1999, he quit and returned to Hangzhou with his team to establish Alibaba, a Hangzhou-based business-to-business marketplace site in his apartment with a group of 18 friends.( He started a new round of venture development with 500,000 yuan. [...] Since 1999, Ma served as the executive chairman of Alibaba Group, which has remained one of China's most prominent high-technology holding companies in the two decades since it inception presiding over nine major subsidiaries: Alibaba.com, Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com, and Alipay. At the annual general meeting of shareholders for Alibaba.com in May 2010, Ma announced Alibaba Group would begin in 2010 to earmark 0.3% of annual

• Alibaba founder Jack Ma re-emerges with praise of 'transformations'

  Last year, Alibaba underwent its biggest overhaul in its history, which split the company into six business groups in a bid to make each unit more agile. This was accompanied by sweeping management changes. Daniel Zhang, longtime CEO of Alibaba Group, unexpectedly quit and then stepped down as CEO of the company’s cloud unit. Alibaba veterans Eddie Yongming Wu took over as CEO, while Joe Tsai became chairman in September. [...] Ma all but disappeared from public life at the end of 2020, after Chinese regulators pulled the plug on the massive listing of the founder’s financial affiliate Ant Group, sparking a crackdown on his empire. Alibaba, whose business spans everything from e-commerce to cloud computing, has seen billions of dollars wiped off of its value in the past few years, thanks to tougher regulation from Beijing and rising competition from rivals like PDD and TiKTok owner ByteDance. [...] Alibaba founder Jack Ma on Wednesday praised the company’s reorganization and change over its tumultuous past year. Alibaba underwent a historic overhaul and sweeping management changes in a bid to return the Chinese technology giant to growth. Ma all but disappeared from public life at the end of 2020, after Chinese regulators pulled the plug on the massive listing of the founder’s financial affiliate Ant Group, sparking a crackdown on his empire. In this article

• Instance Of

  Q11424