Alibaba Group Holding Ltd is a holding company for several business that provide technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses. The company operates within the People's Republic of China and internationally. Founded in 1999, Alibaba Group has its headquarters in Hangzhou, China.
Alibaba operates its business through four business segments: Core Commerce; Cloud Computing; Digital Media and Entertainment; and Innovation Initiatives and Others. Through the Core Commerce segment, the company operates Tmall and Taobao Marketplace, which provide China retail, international retail, China wholesale, international wholesale, local consumer services, and Cainiao logistics services. The company's Cloud Computing segment provides a complete suite of cloud services, while the Digital Media and Entertainment segment offers additional consumer services. Alibaba's Innovation Initiatives and Others segment delivers new services and products.
Listed on the NYSE, Alibaba stock is available under the ticker BABA. In addition to its other businesses, the company operates 1688.com and Alibaba.com, which are online wholesale marketplaces; Alimama, a monetization platform; and AliExpress, a retail marketplace. Additional businesses include Lazada, Trendyol, and Daraz, which are e-commerce platforms; as well as Kaola, an import e-commerce platform; and Ele.me, an on-demand delivery and local services platform.
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