Alibaba has implemented a wide range of diversification strategies, involving catering, logistics, taxis, media, tourism, finance, intelligence and other major fields, and has become one of the largest enterprises in China and even the world.

Alibaba Network Technology Co., Ltd. (referred to as Alibaba Group or Alibaba for short) was founded in Hangzhou, Zhejiang Province on 18 people headed by former English teacher Ma Yun.