Alibaba

Alibaba Group is a Chinese technology company headquartered in Hangzhou. Jack Ma and a group of co-founders started it in 1999 as a web platform linking Chinese exporters to overseas buyers.

The group runs Taobao and Tmall for consumer shopping, Alibaba.com for business buyers and AliExpress for overseas shoppers. It also operates Alibaba Cloud, logistics arm Cainiao and digital media units. Its former affiliate Ant Group runs the Alipay payments service.

Alibaba went public on the New York Stock Exchange in 2014 and later added a Hong Kong listing. It reorganized into separate business groups in 2023. Alibaba Cloud also develops the Qwen family of language models. The group has a primary listing in Hong Kong and a secondary listing in New York. Its Singles Day sale on November 11 became one of the largest shopping events in the world. Competitors include JD.com and Pinduoduo.