How was Alibaba first created?
阿里巴巴是由马云在1999年一手创立企业对企业的网上贸易市场平台。
2003年5月，投资一亿元人民币建立url淘宝网。
2004年10月，阿里巴巴投资成立支付宝公司，面向中国电子商务市场推出基于中介的安全交易服务。
2012年2月，阿里巴巴宣布，向旗下子公司上市公司提出私有化要约，回购价格为13.5港元。
2012年5月阿里巴巴集团公开反腐首次披露违规网商名单。
2012年5月21日阿里巴巴与雅虎就股权回购一事签署最终协议，阿里巴巴用71亿美元回购20%股权。
Professional answer
Alibaba was founded by Jack Ma in 1999 as an online business-to-business trading market platform.
In May 2003, it invested 100 million yuan to establish Taobao.com.
In October 2004, Alibaba invested in the establishment of Alipay, launching a secure transaction service based on an intermediary for the Chinese e-commerce market.
In February 2012, Alibaba announced that it would make a privatization offer to its listed subsidiaries at a repurchase price of HK$13.5.
In May 2012, Alibaba Group publicly disclosed the list of illegal online merchants for the first time in its anti-corruption campaign.
On May 21, 2012, Alibaba and Yahoo signed a final agreement on equity repurchase, and Alibaba repurchased 20% of its equity with US$7.1 billion.
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