Alibaba Group Holding Limited Overview
Company Headquarters: China
Founded: 1999
Workforce: ~101,550
Company Working: Alibaba Group Holding Limited engages in online and mobile commerce business through its wide range of products, services, and technology. The company enables merchants, brands and other businesses to transform the way they operate, market, and sell their products and services in China and other countries. It provides the fundamental technology infrastructure and marketing reach, thereby enabling businesses to utilize the Internet to establish an online presence and conduct commerce millions of consumers and other businesses. The company primarily operates through core commerce, cloud computing, mobile media and entertainment, and other innovation initiatives business segments. The core commerce business segment comprises marketplaces operating retail commerce and wholesale commerce in China; and international and cross-border commerce. The cloud segment offers a complete suite of cloud services such as storage and content delivery network (CDN), elastic computing, database, security and management, large-scale computing, and application services. The mobile media and entertainment segment comprise three distribution platforms, namely UCWeb mobile media, game publishing and multi-screen entertainment, content creation, and production companies in film, and music and sports
Strategy
Alibaba Group Holding Limited aims at building the future infrastructure of commerce. The company empowers its customer with the fundamental infrastructure for commerce and new technology to build businesses and create value that can be shared among all the participants. It continuously makes strategic investments in R&D and focuses on acquisitions and partnerships to expand its user base and geographic presence. The company emphasizes adding complementary offerings and technologies to strengthen its businesses further. Additionally, the company has upgraded its existing and new products and service offerings to leverage Internet technology for creating business models.
