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March 24, 2017

What is Alibaba?

Cloud computing, Alipay and Youku Tudou - there is much more to Alibaba than ecommerce.

By Ellie Burns

Alibaba, known formally as Alibaba Group Holding Limited, is a Chinese e-commerce company which specialises in C2C, B2C and B2B sales services via web portals.

In addition to these services, Alibaba also provides e-payment services, a shopping search engine and cloud computing.

Jack Ma initially established the company as a B2B portal connecting Chinese and overseas manufacturers, with the company then expanding rapidly into different markets. This rapid expansion and success led to Alibaba seeking an IPO on the NYSE. To date, the resulting $25 billion IPO was the biggest US IPO in history.

What is Alibaba’s biggest platform?

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