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68128

0.55000001 HKD
0.03
5.17%
Last update Mar 11, 11:49 AM HKT
Market closed
Day range
0.54000002
0.55000001
Previous close
0.57999998
Open
0.55000001
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Alibaba Group Holding Ltd.
0.55
0.03
5.17%

Overview

Description

Alibaba Group Holding Ltd. is a dominant player in the global e-commerce and technology markets. Founded in 1999, Alibaba's primary function is to provide an online platform for wholesale and retail trade. It operates several key segments, including core commerce, cloud computing, digital media and entertainment, and innovation initiatives. Notable features include its extensive range of business units such as Taobao and Tmall for online shopping, and Alibaba Cloud, a leading provider in Asia-Pacific's cloud services market. The company's ecosystem serves millions of consumers and merchants, facilitating trade through a network of digital services ranging from payment solutions via Alipay to logistical support through Cainiao Network. Headquartered in Hangzhou, China, Alibaba plays a pivotal role in shaping the digital economy, not only by supporting small businesses but also influencing a range of sectors from healthcare to digital finance. In the financial markets, Alibaba is regarded as a barometer for gauging trends in Chinese consumer habits and broader tech advancements.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Hong Kong
MIC code
XHKG
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