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Alibaba Group

Overview
Activities
Financials

Alibaba Group’s mission is to make it easy to do business anywhere. They enable businesses to transform the way they market, sell, operate and improve their efficiencies. They provide the technology infrastructure and marketing reach to help merchants, brands and other businesses to leverage the power of new technology to engage with their users and customers and operate in a more efficient way. Their businesses are comprised of core commerce, cloud computing, digital media and entertainment, and innovation initiatives. In addition, Ant Financial, a company in which they have agreed to acquire a 33% equity stake, provides payment and financial services to consumers and merchants on their platforms. An ecosystem has developed around their platforms and businesses that consists of consumers, merchants, brands, retailers, other businesses, third-party service providers and strategic alliance partners.

HQ Location:
6/F Chuangye Mansion, East Software Park No.99 Huaxing Road Hangzhou CHN
Founded year:
1999
Employees:
10,000+
Work
Information Technology
Retail
Financial Services
Hospitality & Travel
Foundation Models
Foundation Models
Automated Content Moderation
Automated Content Moderation
Digital Humans
Digital Humans
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EDGE Insights

Central Bank Digital Currency (CBDC)
Smart Logistics

Recent Updates

Product updates
May 9, 2024
Alibaba launches latest version of Tongyi Qianwen model 'Qwen2.5' with improved capabilities
Foundation Models
Partnerships
Feb 20, 2024
Alibaba Cloud launches AI model studio for LLMs
Generative AI Infrastructure
Product updates
Dec 1, 2023
Alibaba Cloud introduces three open-source LLMs
Foundation Models
Industry news
Nov 27, 2023
Alibaba shuts down quantum computing lab as part of ongoing business restructuring
Quantum Computing
Product updates
Nov 6, 2023
Alibaba International pilots Aidge, an AI-powered suite of APIs
Generative AI Applications
Product updates
Oct 31, 2023
Alibaba Cloud launches upgraded LLM Tongyi Qianwen 2.0
Foundation Models
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