Alibaba Group Holding Ltd

Alibaba Group Holding Limited is a multinational conglomerate specializing in e-commerce, retail, Internet, and technology. The primary function of Alibaba is to provide online platforms for businesses and consumers through its expansive range of marketplaces, the most notable being Taobao and Tmall for retail, and Alibaba.com for global wholesale trade. These platforms facilitate transactions between millions of businesses and consumers across various sectors, significantly impacting the retail and logistics industries worldwide. Alibaba's ecosystem also includes cloud computing with Alibaba Cloud, digital media and entertainment, and payment services through Ant Financial, further diversifying its influence across technology and financial sectors. Founded in 1999 and headquartered in Hangzhou, China, Alibaba has grown to become a pivotal player in global trade and digital economy by enabling and supporting enterprises of all sizes in leveraging the digital marketplace to reach broader audiences, thus playing a crucial role in global commerce dynamics.