Alibaba Group Holding Limited (NYSE: BABA)
Internet Retail · Hangzhou, China · Founded 1999
- Market capitalization: $200.0 billion
- Annual revenue: $130.0 billion
- Net income: $12.0 billion
- Employees: 219,260
- Sector: Consumer Cyclical
- Headquarters: Hangzhou, China
- Founded: 1999
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Alibaba is China's largest e-commerce company, operating Taobao (consumer marketplace), Tmall (brand marketplace), Alibaba.com (B2B trade), AliExpress (international), and Cainiao (logistics). The company also runs Alibaba Cloud, China's largest cloud computing platform. Jack Ma founded Alibaba in his Hangzhou apartment in 1999 with 17 friends. The company once dominated Chinese tech but has been humbled by regulatory crackdowns and competition from PDD (Pinduoduo) and Douyin (TikTok's Chinese sibling).
Taobao and Tmall generate revenue through advertising (merchants pay for visibility) and transaction commissions. Alibaba Cloud sells cloud computing services. International commerce (AliExpress, Lazada) is a growing but unprofitable segment. The company has been restructuring into six business groups, with potential spinoffs. Annual revenue exceeds RMB 940 billion (roughly $130 billion).
Ma founded Alibaba in 1999. The company's 2014 IPO on the NYSE raised $25 billion u2014 the largest IPO in history at the time. Alibaba's Singles' Day (11/11) shopping festival generates more GMV in one day than Black Friday and Cyber Monday combined. In late 2020, Chinese regulators blocked the Ant Group IPO and launched an antitrust investigation into Alibaba, resulting in a $2.8 billion fine. Jack Ma largely disappeared from public life for months.
| Market Capitalization | $200.0B |
| Annual Revenue | $130.0B |
| Net Income | $12.0B |
| Profit Margin | 9% |
| Revenue per Employee | $592903K |
| Stock Exchange | NYSE |
| Ticker Symbol | BABA |
Financial data is approximate and based on most recent annual filings.
Jack Ma was rejected from 30 jobs, including KFC, before founding Alibaba. He was also rejected from Harvard ten times (by his own account). Alibaba's name was chosen because it's recognized globally and associated with "open sesame." The company's Ant Group was valued at $315 billion before regulators killed its IPO u2014 the largest IPO cancellation in history.
Alibaba is trading at a fraction of its former glory, and the regulatory overhang has lifted somewhat u2014 but PDD and Douyin are eating its domestic lunch, and the glory days of unchallenged dominance are over.
What is Alibaba Group Holding Limited's revenue?
Alibaba Group Holding Limited generates approximately $130.0 billion in annual revenue.
How many employees does Alibaba Group Holding Limited have?
Alibaba Group Holding Limited employs approximately 219,260 people worldwide.
What is Alibaba Group Holding Limited's market cap?
Alibaba Group Holding Limited (BABA) has a market capitalization of approximately $200.0 billion on the NYSE.
When was Alibaba Group Holding Limited founded?
Alibaba Group Holding Limited was founded in 1999 and is headquartered in Hangzhou, China.
Who is the CEO of Alibaba Group Holding Limited?
Eddie Wu is the current CEO of Alibaba Group Holding Limited.
What is Alibaba Group Holding Limited's website?
Alibaba Group Holding Limited's official website is alibabagroup.com.
| CEO | Eddie Wu |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Founded | 1999 |
| HQ | Hangzhou |
| Country | China |
| Website | alibabagroup.com |
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