Overview
Description
Alibaba Group Holding Ltd is a multinational conglomerate specializing in e-commerce, retail, internet, and technology. Established in 1999 and headquartered in Hangzhou, China, Alibaba operates various businesses that serve millions of consumers and merchants. Its core marketplace platforms include Taobao and Tmall, which are pivotal in China's online retail market, offering a diverse array of products from clothing to electronics. Additionally, Alibaba has expanded into cloud computing through its subsidiary, Alibaba Cloud, providing a suite of cloud services that compete with global giants in the tech industry.
The company is also known for its digital payment platform, Alipay, which has transformed the way transactions are conducted in China, fostering a cashless society. As one of the world's largest companies by market capitalization, Alibaba plays a significant role in the global e-commerce and tech landscape, bridging markets and connecting buyers and sellers across the globe.
About
CEO
Mr. Yongming Wu
Employees
123711
Address
Tower One, Times Square
26/F 1 Matheson Street
Causeway Bay, 311121
26/F 1 Matheson Street
Causeway Bay, 311121
Phone
852 2215 5100
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Hong Kong
MIC code
XHKG