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Thursday, March 20, 2014

Alibaba Group



Alibaba Group is a privately owned Hangzhou -based group of Internet-based e-commerce businesses including business to business online web portals, online retail and payment services, a shopping search engine and data-centric cloud computing services

  • began in 1999 with the web site Alibaba.com, a business to business portal to connect Chinese manufacturers with overseas buyers

  • its consumer to consumer portal Taobao, similar to eBay, features nearly a billion products and is one of the 20 most-visited websites globally
  • Alibaba.com Limited , the primary company of Alibaba Group, is the world’s largest online business-to-business trading platform for small businesses
  • The company’s English language portal Alibaba.com handles sales between importers and exporters from more than 240 countries and regions
  • The Chinese portal 1688.com was developed for domestic business-to-business trade in China

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