Alibaba is a Chinese e-commerce giant founded in 1999. However, it really started to take off in 2003 when Alibaba launched Taobao, an online shopping platform that provides individuals and small businesses with the opportunity to sell their products. Taobao's success attracted a large number of users and merchants, making Alibaba one of the largest e-commerce platforms in China. Over time, Alibaba has continued to expand its business scope and entered into finance, cloud computing, logistics and other fields, further consolidating its market position.

Alibaba's success has also made its founder Jack Ma one of the richest people in China, and the company has gained wide recognition and influence around the world.