Alibaba belongs to the e-commerce industry, which is a new industry;

1. E-commerce is a global business, so we also need a name that is familiar to people all over the world. Alibaba means "open sesame", which means that our platform opens the door to wealth for small businesses;

2. E-commerce usually refers to a new business operation model in which buyers and sellers conduct various business activities without meeting each other in the open network environment of the Internet, based on the browser/server application method, in a wide range of commercial trade activities around the world, to achieve consumers' online shopping, online transactions and online electronic payments between merchants, as well as various business activities, transaction activities, financial activities and related comprehensive service activities. Governments, scholars, and business people of various countries have given many different definitions based on their own positions and different angles and degrees of participation in e-commerce. E-commerce is divided into: ABC, B2B, B2C, C2C, B2M, M2C, B2A (i.e. B2G), C2A (i.e. C2G), O2O, etc.

Alibaba's main business is e-commerce, which also includes Internet finance, electronic payment, logistics, etc. At the same time, Alibaba's continuous development also involves wider fields, such as media, Internet of Things, etc.

Alibaba Group's main industries: Alibaba, Taobao, Alipay, Ali Software, Alimama, Koubei.com, Alibaba Cloud, Yahoo China, Yitao.com, Taobao Mall, China HiChina, Juhuasuan, Yunfeng Fund, Ant Financial.