Funding Received
$1.1 Billion in 4 Rounds from 7 Investors
Most Recent Funding
$1 Billion on August 11, 2005 / Undisclosed Round
Headquarters:
Hangzhou
Description:
Alibaba Group is a Chinese e-commerce company operating online marketplaces for both international and domestic China trade.
Founders:
Yun Ma, Eddie Wu
Categories:
E-Commerce
Website:
http://www.alibaba.com

Company Details

Update
Founded:
June 1, 1999
Employees:
20 in CrunchBase

Alibaba Group is a Chinese e-commerce company operating online marketplaces for both international and domestic China trade. It also operates an online payment system, AliPay.

Alibaba Group is a family of internet-based businesses with a mission to enable its users to buy or sell anywhere in the world. It has developed businesses in consumer e-commerce, online payment, business-to-business marketplaces, and cloud computing, and has now expanded into new areas such as mobile apps, mobile operating systems, and internet TV. The company is focused on fostering the development of an open and collaborative e-commerce ecosystem that benefits consumers, merchants, and the economy as a whole.

Alibaba assists millions of buyers and suppliers all over the world to do business online through three trading markets of its own. These are: an International Trading Market, which serves global import and export business; a Chinese Trading Market, which caters to domestic business; and a Japanese Trading Market, which promotes Japanese export and domestic sales by an associative company’s operation.

Alibaba Group has 12 major businesses and affiliated entities, including alibaba.com, Taobao.com, Tmall, Alipay, koubei.com, Aliyun, etao.com, net.cn, Juhuasuan.com, CNZZ, and Onetouch.

In 1999, Alibaba Group was officially established by its 18 founders, led by Jack Ma. In February 2004, Alibaba received $82 million from Softbank Corp. and one other firm. In August 2005, Yahoo and Alibaba formed strategic partnership and Alibaba made a net profit of $250 million. On November 6, 2007, Alibaba.com was successfully listed on the Hong Kong Stock Exchange.

As of December 31, 2006, with approximately 3,500 employees, Alibaba is the first e-commerce company to reach 8 million online retailers from more than 220 countries and regions. The Group provides more than 8.1 million entries of business information per day, making it one of the largest-scale and most active B2B markets and business communities, competing with major rivals like Amazon and Baidu.

Current Team (20)

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Past Team (8)

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Investments (13)

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Board Members and Advisors (2)

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Products (2)

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  • D3369cfac6f9bc53d38346b9ba4699fd

    Aliyun

    Aliyun is a mobile operating system owned by Alibaba a Chinese B2B ecommerce company. Alibaba has...
  • Csjxwger9mbq1vuuqfrc

    Alibaba.com

    Alibaba.com was added to CrunchBase in 2007

Acquisitions (4)

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Investors (7)

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  • C187156ec70bbfdaa955acbb559c3389

    Yahoo!

    Yahoo! is a multinational internet corporation that offers a web portal, search engine, e-mail...
  • 1c2ab168d9bfc0ce700180623a2ea459

    Venture TDF

    Founded in 2000, the company was formed to manage China specific funds for Venture TDF. It raised...
  • 3c4f14ae8d17a4f0daeebb53da0c0027

    Fidelity Growth Partners Asia

    Fidelity Growth Partners Asia (previously named Fidelity Asia Ventures) is the venture capital...
  • E71004e2bbf67019f8b6f6b2c22a3042

    GGV Capital

    GGV Capital is a $2.2 billion multi-stage venture capital firm based in Silicon Valley (Menlo...
  • Dqswfnohg2sqjwxmrezg

    SoftBank Capital

    SoftBank Capital is a multi-stage venture capital fund that partners with entrepreneurs building...
  • Cb default image
  • 01492abbd361d12a7193e4965d1c7af2

    Goldman Sachs

    Multinational investment banking firm

Offices/Locations (1)

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  • Office

    6/F Chuangye Mansion, East Software Park

    No.99 Huaxing Road

    Hangzhou, 310099

    CHN

Competitors (5)

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  • A756d364e268f94bc7b1c90f33c3bf93

    Global Sources

    Global Sources is a Hong Kong-based B2B media company facilitating trade between China and the...
  • 2624d06505beeb8ca01e0ce60d44ee23

    Mango B2B Ltd.

    Mango B2B specialises in B2B
  • A14162ed59e42e3280683d756d4506af

    Baidu

    Baidu is a Chinese website and search engine enabling individuals to obtain information and find...
  • Icqiddugiyxkslyspq9q

    Made-in-China.com

    Founded in 1996, Made-In-China.com is one of the world’s popular China B2B Portal operated by...
  • 6f88cff1937616b99dc5434392e14033

    MFG.com

    MFG.com is an online marketplace for the manufacturing industry that enables buyers and...

Customers (1)

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  • Dxbvmitnrtj0kun3ic8r

    Ouyeaa

    Ouyeaa is a web-search platform for booking leisure activities and bachelor parties.

Images (1)

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  • Cfe5d30c8457864214ca9dd10bd0fb4e

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