2 trillion RMB

Alibaba Group Holding Limited (hereinafter referred to as Alibaba Group) was founded in 1999 in Hangzhou, Zhejiang Province by 18 founders led by Jack Ma.

Over the past 20 years, Alibaba has completely transformed from an e-commerce company into a technology-driven platform that includes digital commerce, financial technology, smart logistics, cloud computing, interpersonal relationships, culture and entertainment, serving hundreds of millions of consumers and tens of millions of small and medium-sized enterprises. Alibaba is committed to making it easy to do business in the world, developing business infrastructure in the digital economy era, helping the consumer market prosper, and promoting the digitalization and intelligence of all industries.