Alibaba overview

Alibaba Group Holding Limited is a Chinese multinational conglomerate holding company specialising in e-commerce, retail, Internet, and technology. Founded in 1999 by Jack Ma and a team of 17 friends and students, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. 

Alibaba is the world's largest retailer and e-commerce company, one of the largest Internet and AI companies, one of the biggest venture capital firms, and one of the biggest investment corporations in the world. The company hosts the largest B2B (Alibaba.com), C2C (Taobao), and B2C (Tmall) marketplaces in the world. Its online sales and profits surpassed all US retailers (including Walmart, Amazon, and eBay) combined since 2015. It also sets the record on the 2019 edition of China's Singles' Day, the world's biggest online and offline shopping day, with gross merchandise volume hitting $38.4bn, up around 26% compared to the previous year.

In the fiscal year ended March 31 2019, Alibaba's revenue was US$56,152m, an increase of 51% YoY. Annual active consumers on its China retail marketplaces reached 721m, an increase of over 100m compared to that of March 2018.

At closing time on the date of its initial public offering (IPO) – US$25 billion – the world's highest in history, 19 September 2014, Alibaba's market value was US$231 billion. As of 19 December 2018, Alibaba's market cap stood at US$352.28 billion. It is one of the top 10 most valuable and biggest companies in the world. In January 2018, Alibaba became the second Asian company to break the US$500 billion valuation mark, after its competitor Tencent.

In September 2018, Jack Ma, the main founder of Alibaba, announced that he would step down as Chairman in a year's time so he could focus on philanthropy. He was replaced as Chairman by Daniel Zhang in 2019.

As of August 2019, 59% of all listed companies in China are Alibaba Cloud customers.

In 2019 Alibaba filed confidentially for a Hong Kong IPO. Initially planned for August, the company delayed the IPO until November due to protests happening in Hong Kong. It raised at least HK$88bn ($11.3bn), with the potential to reach $12.9bn depending on whether an over-allotment option is used.

In November 2020, Alibaba's Ant Group's IPO was cancelled, one day after Chinese regulators summoned Founder Jack Ma and other executives.

Map showing the location of Alibaba

Hangzhou, China

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Key people

Jerry Yang Member of the Board of Directors
Tao Zhou Senior Staff Algorithm Engineer
Chen Zhao Research Director, Alibaba DAMO NHCI Lab
Kingsum Chow Chief Scientist, Java Technologies and Software Hardware Co-Optimization
Yang Zhang Technical Expert
James Sheng Managing Director, Singapore
Yangyan Li Tech Leader
Shaoxuan Wang Senior Manager
Xian-Sheng Hua Senior Director of Artificial Intelligence
Xiaolong Bai Security Engineer
Pueo Keffer Investor
Jianhang Jin SVP
Simon Xie Co-founder, Vice President of Alibaba's China Investment Team
Miffy Chen Head of Alibaba A.I. Labs
Haiyong Wang Senior Director
Jose Li Director Business Development
Maggie Wu CFO
Jacky Ji Team Member
Daniel Zhang Chief Operating Officer
Fangzhi Wen Alibaba Infrastructure Service Server R&D Director
Shangcong Luan Security Engineer
Eddie Wu Co-Founder & Senior Vice President
Jack Peters Director, Business Development
Vern Chen Gm Of Sharing Fish Division
Sebastien Badault Managing Director France
Terry von Bibra General Manager Europe
Yi Ru Smart Terminal General Manager
Aimin Pan Chief Architect
Xu Xiao Algorithm Engineer
Cüneyt Erpolat Country Manager - Turkey
Thomas Ng Investor
Faith Teo UX Design Advisor - International UED
Jack Ma Founder & Executive Chairman
Trudy Dai Chief People Officer & SVP
Jonathan Lu CEO
Leo Jiang SVP & Deputy Chief Technology Officer
Shuai Wang Chairman of Marketing and Public Relations Committee
Polo Shao Chief Risk Officer & Group Secretary
Ming Zeng Chief Strategy Officer
Timothy Steinert General Counsel and Secretary
Jian Wang Chief Technology Officer
Paul Fu Sr. Director, User Experience
Zhang Yu VP
Lucy Peng CEO, Alibaba Small & Micro Financial Services Group (under formation)
Brian Wong Vice President
Fan Jiang Senior Director
Jennifer Kuperman Vice President, International Corporate Affairs
J. Michael Evans Independent Director
Jessie Zheng Chief Platform Governance Officer
Matthew Bassiur Vice President, Head of Global Intellectual Property Enforcement
Chris Tung Chief Marketing Officer
Jeff Zhang CTO
Bharati Balakrishnan Senior Director
Shuhua Chen AntiFraud Senior Director
Karl Wehner Managing Director (Germany, Austria, Switzerland, Turkey, Eastern Europe)
Vivek Ganesh Chief Solutions Architect, Alibaba Cloud
Simon Hu Senior Vice President
John Caplan President, North America & Europe
John Caplan President
Yu Li Senior Technical Expert
Judy Tong Chief People Officer
Jane Jiang Deputy Chief People Officer
Sophie Wu Chief Customer Officer
Angel Zhao President of Alibaba Global Business Group
Long Guoping Compute Architect
Itamar Friedman Head of Alibaba Israel MV Lab
Kevin Ambrosini Head of Global Strategy & US Growth, Alibaba.com
Xiang Li Senior Staff Engineer
Manjeer Srujan Technology Expert
Haider Aly-Reza Business Development
Sanjian Chen Staff Algorithm Engineer - Machine Learning
Hamzah Hamizan Alibaba Specialist
Fei guo Senior Staff Engineer
Luyuan Fan President of Alibaba Digital Media & Entertainment Group
Yaman Alpata Global Consumer & Markets and Senior Regional Manager
Pierre Poignant Special assistant to Alibaba Group Chairman & CEO