Home > Blossary: Alibaba Group
is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. It also provides electronic payment services, a shopping search engine and data-centric cloud computing services. The group began in 1999 when Jack Ma founded the website Alibaba.com, a business-to-business portal to connect Chinese manufacturers with overseas buyers.
Recently Alibaba reported sale of more than $9 billion on China's Singles' Day in 2014. Here are some of their Businesses.
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