The Alibaba Group Holding Limited is a Chinese multinational conglomerate specialising in e-commerce, retail, internet and technology. The company operates the largest online and mobile commerce businesses in the world by gross merchandise volume. It was founded in 1999 by Jack Ma, a former English teacher from Hangzhou, China.
Alibaba's main business is the B2B platform Alibaba.com, which brings together buyers from all over the world with Chinese suppliers. Alibaba also operates Taobao, the world's largest e-commerce platform, and Tmall, the platforms for consumer-to-consumer and business-to-consumer commerce respectively.
Alibaba also runs a number of other businesses, such as AliExpress, a platform for small businesses to sell to consumers worldwide. The company also has a cloud computing division, AliCloud, and a digital media and entertainment division, Alibaba Digital Media and Entertainment Group.
In addition to its e-commerce platforms, Alibaba has also invested in a number of other companies, including ride-hailing service Lyft and online food delivery service Ele.me.
Alibaba has a large customer base in China and also operates in a number of other countries, including the United States, India and Southeast Asia. The company is considered one of the largest retailers in the world and is also one of the largest venture capital firms in the world.
In summary, Alibaba Group Holding Limited is a Chinese multinational conglomerate specialising in e-commerce, retail, internet and technology. It operates the largest online and mobile commerce businesses in the world in terms of gross merchandise volume. It operates the B2B platform Alibaba.com, the world's largest e-commerce platforms Taobao and Tmall, AliExpress and has a cloud computing division AliCloud as well as a digital media and entertainment division, Alibaba Digital Media and Entertainment Group. The company is considered one of the largest retailers in the world and one of the largest venture capital firms in the world.