Alibaba Group Wiki, Express, CEO, Owner, Login and Net Worth

If you do shop online, then you must be familiar with the Chinese e-commerce, Alibaba Group. This is one company that is in serious competition with Amazon.

Alibaba

Although, Amazon comes from the West and Ali baba from the East, one thing is sure they are both giants in the e-commerce field. They might have slightly different business models but the end game is to be able to sell products to consumers on the internet. We would would have a post on Amazon soon and you can search the site if it is already published.

The brain behind the Group is none other than Jack Ma. Jack Ma happens to be one of the wealthiest people in China. He is the second on the list after Ma Huateng with a net worth of $48.2 billion.

Alibaba Wiki and Login

You might simply know it as any other names but the company’s full name is actually Alibaba Group Holding Limited. It was founded on the 4th of April, 1999, in Hangzhou, Zhejiang in China. It wasn’t only Jack Ma who was behind the company but was joined by 17 others.

Later in 1999, the company received an investment of $25 million dollars from Goldman Sachs and Softbank. It wasn’t until a few years later, it became a successful B2B project.

All the company’s services include:

  • Alibaba.com
  • Alibaba Cloud
  • AliExpress
  • AliOS
  • Alipay
  • AliGenie
  • Taobao
  • Tmall
  • Lazada
  • 1688.com
  • DarazPaytm

eBay once offered Taobao a buyout but Jack Ma rejected the offer and  a few years down the line, Yahoo! invested about $1 billion and made times 10 of that back during the IPO launch.

During the IPO launch, it was able to raise about $25 billion and had a market capitalization of about $236 billion. It broke the records then and now, it is one of the most valuable companies in the world. It was the second Asian company to break the $500 billion mark after Tencent did.

You can login into your account here.

Company Profile

Founded

1999

Owner

Softbank Group

Founder

Jack Ma

Type

Public

Stock Exchange

Listed on NYSE as BABA.

Listed on SEHK as 9988.

Executive Chairman and CEO

Daniel Zhang

President

J. Michael Evans

Industry

Internet

Headquarters (Corporate)

Hangzhou, Zhejiang, China

Official Website

Alibaba.com

Employees

20,000 – 150,000

Alibaba Express (Aliexpress)

Alibaba express can also be called Aliexpress is one of the major subsidiaries of the company and also an e-commerce website. You can visit it here.

Alibaba Owner and CEO

Alibaba Owner and CEO

The name of the founder is Jack Ma. Here are other key executives below:

  • Daniel Zhang (Executive chairman and CEO)
  • Joseph Tsai (Executive Vice Chairman)
  • J. Michael Evans (President)

Alibaba Net Worth and Valuation

So far in 2020, the ecommerce giant has been able to make $72 billion and it is valued at about $540 to $500 billion.