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Alibaba

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Description

Alibaba Group Holding Ltd. (Alibaba) is a Chinese e-commerce company. Founded in 1999, the company's English language portal Alibaba.com handles sales between importers and exporters from more than 240 countries. The company also owns Alipay, a third-party online payment platform with no transaction fees; Aliyun, a cloud computing service platform; Taobao.com, a consumer-to-consumer portal; Tmall.com, an online retail platform; and AliExpress, an online retail service made up of mostly small Chinese businesses offering products to international online buyers. Alibaba launched its initial public offering in September 2014 on the New York Stock Exchange. Two months later it began trading on Mexico's stock exchange (BMV).

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