Alibaba.com Biography & Web Analysis

Alibaba Group Holding Limited, also called Alibaba Group and Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the organization provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services through online portals, just as electronic payment services, shopping search engines and cloud computing services. It possesses and operates an assorted arrangement of companies around the world in various business areas. 

On 28 June 1999, Jack Ma, with 17 friends and students founded Alibaba.com, a China-based B2B marketplace site, in his Hangzhou apartment. In October 1999, Alibaba received a US$25 million investment from Goldman Sachs and SoftBank. Alibaba.com was expected to improve the domestic e-commerce market and perfect an e-commerce platform for Chinese ventures, particularly little and medium-sized enterprises (SMEs), to help export Chinese products to the global market just as to address World Trade Organization (WTO) challenges. In 2002, Alibaba.com became profitable three years after launch. Ma wanted to improve the global e-commerce system, so from 2003 forward, Alibaba launched Taobao Marketplace, Alipay, Alimama.com, and Lynx. 

In 2005, Yahoo! invested in Alibaba through a variable interest entity (VIE) structure, purchasing a 40% stake in the company for US$1 billion. This would subsequently net in US$10 billion in Alibaba's IPO alone to Yahoo!. 

On 19 September 2014, Alibaba's first sale of stock (IPO) on New York Stock Exchange raised US$25 billion, giving the company a market worth of US$231 billion and, by a wide margin, 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 on the planet 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 rival Tencent. As of 2020, Alibaba has the 6th most 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 one of the biggest investment corporations in the world. 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 incomes rising by triple rate points year after year. It additionally set the record on the 2018 edition of China's Singles' Day, the world's biggest online and offline shopping day.