Alibaba Group is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. It was founded on June 28, 1999, by Jack Ma and 17 associates in Hangzhou, Zhejiang, China. Alibaba provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services through various platforms. These platforms include Alibaba.com, Taobao, and Tmall. Beyond e-commerce, Alibaba has expanded into cloud computing, digital media and entertainment.
Eddie Wu is the current CEO of Alibaba Group. Joseph Tsai serves as the chairman. Alibaba's recent activities include advancements in AI, such as the release of new language models like Qwen3 and Qwen2.5-Max. The company is also investing heavily in cloud computing and AI infrastructure. Alibaba Group's market capitalization was approximately $359 Billion as of February 2026. Alibaba is the world's largest online and mobile commerce company based on gross merchandise volume.
