Alibaba Group Holdings Limited (Alibaba Group for short) was founded by 18 people in Hangzhou, Zhejiang Province on 1999, headed by Jack Ma, a former English teacher.

Alibaba Group operates a number of businesses, and also obtains support for operating the business ecosystem from the businesses and services of affiliated companies. Business and the businesses of affiliated companies include: Taobao, Tmall, Juhua, AliExpress, Alibaba International Trading Market, 1688, Ali Mama, Alibaba Cloud, Ant Financial, Cainiao Network, etc. Listing, creating the largest IPO record in history, stock code "BABA", the founder is Ma Yun.

20 19 1 1 26/month, Alibaba went public in Hong Kong with a total market value of over 4 trillion, making it the "new king" of Hong Kong stocks.

On September 20 19/day, the list of the top 500 service enterprises in China was released in Jinan on September 20 1 9, and Alibaba Group Holdings Limited ranked 24th. On September 6, Alibaba Group announced that it would acquire Netease Koala with a total investment of 2 billion US dollars, and led the investment of Netease Cloud Music with a financing of 700 million US dollars.

20 19 Forbes Global Digital Economy 100 Top List ranks 10. 1On October 23rd, 20 19, the Fortune Top 50 list was announced, and Alibaba Group ranked 1 1. "Belt and Road" China enterprises 100 list ranked fifth. 1 1 month 16, hurun research institute released "20 19 hurun top 100 global unicorn active investment institutions", and Alibaba ranked seventh.

1February, Alibaba group was selected as the model of 20 19 China Brand Power Festival 100 brand. On 2020 1 month 1 1 day, Alibaba announced that it would become the exclusive e-commerce partner in the Spring Festival Evening of the Year of the Rat and provide e-commerce subsidies.