Alibaba (English: Alibaba Company; ; HKEx: 1688), a small business e-commerce company, is also the flagship business of Ali Group. 1999 was founded by Ma Yun in Hangzhou. In May 2003, Taobao, a personal online trading market platform, was established. In June 2004, Alipay was established.
Alibaba has set up a corporate headquarters in Hongkong, a China headquarters in Hangzhou, China, and three overseas branches and joint ventures in Silicon Valley and London. And has sales centers in more than 40 cities in China.
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Alibaba was selected as an MBA case by Harvard Business School twice, which set off a research upsurge in American academic circles. It was selected as one of the best B2B websites in the world by Forbes, an authoritative American financial magazine, and was repeatedly rated as the most popular B2B website in the world, the outstanding commercial website in China, the top 100 websites in China and the best trading network in China by relevant institutions. It has been praised by domestic and foreign media, Silicon Valley and foreign venture capitalists as one of the six representatives of Internet business schools on an equal footing with Zgsyw, Yahoo, Amazon, Yi Bei and AOL.