Company name: Alibaba website

Established: 1999

Headquarters: Hangzhou

Business scope: Online sales

Jack Ma founded 1688 website in 1999, which is the predecessor of Alibaba.

1688 is now the flagship business of Alibaba Group and is China's leading domestic trade e-commerce platform for small enterprises.

1688 focuses on wholesale and procurement business, improves customer experience through professional operation, and comprehensively optimizes the business model of corporate e-commerce.

1688 has covered 16 major industries such as raw materials, industrial products, clothing and accessories, home furnishings, small commodities, etc., and provides a series of supply services from raw material procurement-production and processing-spot wholesale.