Alibaba Group Holding Limited (China) is a Chinese multinational technology company specializing in e-commerce, retail, Internet, artificial intelligence and technology. It was founded on April 4, 1999 by Jack Ma and 17 other co-founders in Hangzhou, China. It is one of the world's largest online and mobile commerce companies, with over 617 million active buyers and 8 million active sellers as of June 2020. The company operates in over 200 countries and regions worldwide and employs over 100,000 people. Its headquarters is located in Hangzhou, China.
Date of foundation | Industry | Country | Founder | Product/Business | Number of employees | Location of headquarters | Company website |
---|---|---|---|---|---|---|---|
April 4, 1999 | Technology | China | Jack Ma | E-commerce, retail, Internet, artificial intelligence and technology | 100,000+ | Hangzhou, China | Alibaba Group Holding Limited |
Alibaba Group Holding Limited is a Chinese multinational technology company. It is one of the world's largest online and mobile commerce companies, with over 617 million active buyers and 8 million active sellers as of June 2020. The company operates in over 200 countries and regions worldwide.
Alibaba provides services and products for both consumers and businesses. For consumers, it offers e-commerce, retail, and mobile commerce platforms, including Taobao Marketplace, Tmall, and AliExpress. For businesses, it provides cloud computing services, payment services, and other business-to-business services.
Alibaba is also involved in the research and development of artificial intelligence and other advanced technologies. It has launched initiatives such as the Alibaba DAMO Academy, which focuses on developing cutting-edge technologies such as quantum computing and machine learning.
Alibaba was founded in 1999 by Jack Ma and 17 other co-founders in Hangzhou, China. The company began as an online marketplace for small businesses, but quickly grew to become one of the world's largest e-commerce companies. In 2014, it became the world's largest IPO, raising $25 billion.
In 2016, the company launched its cloud computing business, Alibaba Cloud. It has since become one of the world's largest cloud computing providers, offering services such as storage, computing, database, and analytics.
In 2018, the company launched its first artificial intelligence chip, the Ali-NPU, and launched its first quantum computing service in 2020.
Alibaba is committed to creating a diverse and inclusive work environment. The company has established a number of initiatives to promote diversity and inclusion, such as its "Equality and Inclusion" program. This program focuses on creating a culture of respect, fairness, and opportunity for all employees.
The company also offers a number of benefits to its employees, such as health insurance, flexible working hours, and a competitive salary.
Alibaba is committed to environmental, social, and governance (ESG) initiatives. The company has established a number of initiatives to promote sustainability, such as its "Green Business" program. This program focuses on reducing the company's carbon emissions, promoting energy efficiency, and using renewable energy sources.
The company also has a number of initiatives to promote social responsibility, such as its "Digital Inclusion" program. This program focuses on providing access to digital technology to underserved communities.
Alibaba provides a range of services and products for both consumers and businesses. For consumers, it offers e-commerce, retail, and mobile commerce platforms, including Taobao Marketplace, Tmall, and AliExpress. For businesses, it provides cloud computing services, payment services, and other business-to-business services.
The company also offers a range of artificial intelligence services, such as its Ali-NPU chip and its quantum computing service.
Alibaba is at the forefront of developing cutting-edge technologies such as artificial intelligence, cloud computing, and quantum computing. The company has launched initiatives such as the Alibaba DAMO Academy, which focuses on developing technologies such as machine learning and quantum computing.
The company has also developed its own artificial intelligence chip, the Ali-NPU, and launched its first quantum computing service in 2020.
Alibaba has a number of related companies, including Ant Financial, Cainiao Network, and Alipay. Ant Financial is an online payment platform that is affiliated with Alibaba. Cainiao Network is a logistics company that is also affiliated with Alibaba. Alipay is an online payment platform that is owned by Ant Financial.
Alibaba has been criticized for its alleged involvement in counterfeiting and intellectual property infringement. The company has also been accused of not doing enough to prevent counterfeit goods from being sold on its platforms.
In addition, the company has been criticized for its alleged involvement in censorship and its alleged ties to the Chinese government.
Alibaba is a major player in the global technology industry. It has become one of the world's largest e-commerce companies and has established itself as a leader in the development of cutting-edge technologies such as artificial intelligence and quantum computing.
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