About

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, China, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces. Its extensive product portfolio also includes local consumer, digital media and entertainment, logistics, and cloud computing services. Alibaba Group operates a diverse portfolio of companies globally across numerous business sectors. As a public company, it reported a substantial revenue of CN¥ 941.168 billion (US$130.35 billion) in 2024.