Why is Alibaba's stock code 1688?
1688是阿里巴巴集团在香港上市的股票代码，也是阿里巴巴的谐音。
阿里巴巴集团组建了自己的一个团队，称为1688。旨在面向中国小企业推出全球最大的采购批发市场，聚焦解决小企业采购批发难问题，致力于提升小企业的竞争力。
1688是全球企业间（B2B）电子商务的著名品牌，汇集海量供求信息，是全球领先的网上交易市场和商人社区。
首家拥有超过1400万网商的电子商务网站，遍布220个国家地区，成为全球商人销售产品、拓展市场及网络推广的首选网站。
Professional answer
1688 is the stock code of Alibaba Group when it was listed in Hong Kong, and it is also the homonym of Alibaba.
Alibaba Group has formed its own team, called 1688. It aims to launch the world's largest procurement and wholesale market for small Chinese enterprises, focusing on solving the procurement and wholesale difficulties of small enterprises, and is committed to enhancing the competitiveness of small enterprises.
1688 is a well-known brand of global business-to-business (B2B) e-commerce, which brings together massive supply and demand information and is the world's leading online trading market and merchant community.
The first e-commerce website with more than 14 million online merchants, covering 220 countries and regions, has become the preferred website for global merchants to sell products, expand markets and promote online.
Alibaba is listed in the United States with the stock code: [BABA]. When Alibaba was listed on the Hong Kong Stock Exchange in 2007, the stock code was 1688. Because of the homophony of 1688 and the stock code, it was found that these four numbers were the most compatible with Alibaba, so the domain name 1688.com was created to replace Alibaba. The traditional Chinese auspicious numbers 6 and 8 mean "smooth and prosperous", and 168 is transliterated as "all the way prosperous". It is the favorite number of enterprises. The most favorite blessing for businessmen during the New Year is "good luck in the new year, and prosperity all the way". Therefore, the homophony of "all the way prosperous" brought 1688.
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