Alibaba Group

Alibaba Group Holding Ltd. (NYSE: BABA) is a Chinese multinational technology company specializing in ecommerce, retail, internet, and technology. Founded in 1999 by Jack Ma, Alibaba has grown to become one of the world's largest and most valuable companies.

Alibaba operates a diverse ecosystem of ecommerce and technology platforms, including:

• Taobao: China's largest consumer-to-consumer online shopping platform

• Tmall: A business-to-consumer platform for Chinese and international brands

• Alibaba.com: A global wholesale marketplace connecting manufacturers with buyers

• AliExpress: A global retail marketplace

• Lazada: An ecommerce platform serving Southeast Asia

• Cainiao Network: A logistics and supply chain management company

• Alibaba Cloud: A cloud computing and artificial intelligence platform

Alibaba's core commerce business in China remains its largest revenue driver, but the company has been expanding aggressively internationally and into new sectors like cloud computing, digital media, and entertainment. In fiscal year 2023, Alibaba reported revenue of USD 130.4 billion, an increase of 8% year-over-year.

The company has positioned itself as an enabler for businesses of all sizes to reach Chinese consumers, as well as expand globally. Alibaba provides marketing, payments, logistics and other services to help brands and merchants sell to its massive user base of over 1 billion annual active consumers globally. The company is also investing heavily in emerging technologies like artificial intelligence, the metaverse, and live-streaming ecommerce to drive future growth.

While facing increased regulatory scrutiny and competition in recent years, Alibaba remains a dominant force in China's digital economy and is focused on expanding its international presence, particularly in Southeast Asia and other emerging markets. The company continues to evolve its business model and ecosystem to maintain its position as a global technology leader.