Top Alibaba Group Facts

Alibaba Group Holding Limited is one of the world's largest e-commerce corporations, operating globally. Founded by Chinese billionaire Jack Ma in 1999, it has since become a major player in digital sales worldwide.

  1. Alibaba offers many services and products, from cloud computing to wholesale sales. Its flagship e-commerce platform, Taobao, is China's largest online shopping website, with over 800 million products listed.

  2. The company recently entered online entertainment with its streaming service, Alibaba Pictures. It provides film, television, and animation content to customers and live events.

  3. Jack Ma has been an active philanthropist, donating generously to various charities, particularly those targeting poverty alleviation and education. He has committed over $2 billion to these causes.

  4. The corporation has recently invested heavily in artificial intelligence and robotics, aiming to bring cutting-edge technology to everyday life.

  5. Alibaba has also launched a finance arm called Ant Financial, which brings modernized banking services to the Chinese people and allows users access to credit.

  6. The group has also agreed with a local government in the province of Zhejiang to become the region's official 'digital intelligence' provider, helping with infrastructure such as cloud computing and big data.

  7. They are also creating an online university called Alibaba Group Digital College. The school, which currently offers 50 courses and tutorials, aims to educate people about digital commerce and technology.

  8. The company's logistics entity, Cainiao Network, is a major player in the international e-commerce industry, providing delivery services to over 70 countries worldwide.

  9. In March 2017, Alibaba became one of the first Chinese companies to complete the world's first cross-border logistics blockchain transaction, allowing the group to securely track and finalize supply chain payments.

  10. Besides its core business divisions, Alibaba also provides content and services to a wide array of third-party platforms such as newspapers, magazines, and online marketplaces.


  Keep Exploring...  

Leap Motor
Leap Motor

Leap Motor is an innovative Chinese electric vehicle manufacturer.

Energizer
Energizer

Energizer is a well-known brand of batteries and flashlights providing reliable power for a wide range of devices.

Western Union
Western Union

Western Union is a financial services company that specializes in international money transfers. Founded in 1851 and has over 500,000 agent locations in over 200 countries and territories, it's one of the world's oldest and most well-known money transfer companies.

Korean War
Korean War

The Korean War was a military conflict between North and South Korea that lasted from 1950 to 1953 and resulted in a stalemate and a demilitarized zone separating the two countries.

DHL
DHL

DHL is a global logistics company known for its efficient and reliable delivery services.

Play-Doh
Play-Doh

Play-Doh is a modeling compound that has been a popular toy for children for over 60 years.