Alibaba - A Chinese Multinational Ecommerce Company

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Alibaba Group is a Chinese multinational technology company specializing in e-commerce, retail, technology and Internet.

This is one of the world’s biggest e-commerce and retailers companies.

Logo?

Founder?

Jack Ma

Founded on 28 June 1999.

Headquarters?

The corporate is headquartered in Yuhang District, Hangzhou, Zhejiang and George Town, Cayman Islands.

CEO?

Daniel Zhang is the present chief executive officer (CEO) and Executive Chairman of Alibaba.

Jack Ma Net Worth?

Jack Ma net worth 4,650 crores USD (2021)

Daniel Zhang Net Worth?

Daniel Zhang’s net worth 100 crores USD.

Website?

https://www.alibaba.com/

Fortune 500 company?

Alibaba Group Holding is a Global 500 company, and was ranked 132nd in 2020.

Revenue?

Revenue: US$109.480 billion, 2021

Operating Income: US$13.688 billion, 2021

Net Income: US$21.869 billion, 2021

Total Assets: US$257.978 billion, 2021

Total Equity: US$164.071 billion, 2021

Number Of Employees?

Alibaba Group Holding had a total of 2,51,462 employees at the end of March 2021.

Areas Of Business?

E-commerce, Cloud computing, Retail, Mobile media, TV shows, Films, Entertainment and Mobile commerce.

Competitors?

Top competitors are Amazon, Qurate Retail Group, Coupang, Walmart, Best Buy, JD.com and ASOS. Alibaba Group is an E-commerce and Wholesaler company providing a platform for the wholesale dealings.

Is it OK to buy from Alibaba?

Alibaba is absolutely safe and legit. This company is trusted and reputable. In addition, they have uncompromising rules and regulations that retain most of the transactions safe and secure on the platform.

Can I Order from Alibaba to India?

Yes you can. You don’t need to be a registered company to buy alibaba products. A person who has Tax registration number under GST (GSTIN) and Importer-Exporter code (IEC) can buy products in Alibaba.

Why is Alibaba so Cheap?

Alibaba is a business to business(B2B) platform, is a wholesaler. Alibaba is a supplier, so the price is much cheaper. Most of the producers on the Alibaba group platform from China.