About Alibaba Group Holding Ltd.

**Alibaba Group Holding Ltd.** is a leading Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. Founded in 1999 by Jack Ma and 18 associates, Alibaba began as a platform to connect Chinese manufacturers with overseas buyers but rapidly evolved into a comprehensive digital marketplace ecosystem[4]. Its flagship platform, Alibaba.com, is recognized as the world’s largest online wholesale marketplace, enabling millions of small businesses to reach hundreds of millions of consumers globally[4]. Alibaba operates several major consumer-facing platforms, including Taobao and Tmall, which are among the world’s largest online retail marketplaces. Taobao is a consumer-to-consumer site, while Tmall caters to business-to-consumer sales. As of 2018, Taobao had 580 million monthly active users, and Tmall had 500 million, underscoring Alibaba’s dominant position in China’s e-commerce sector[1]. The company’s innovative business model acts as a middleman, generating revenue from advertising, premium search placements, and commissions, particularly from larger merchants[4]. Beyond e-commerce, Alibaba has diversified into cloud computing, artificial intelligence, and logistics. The company has committed significant investments—over RMB 380 billion in recent years—to advance its cloud and AI infrastructure, powering applications like the Quark AI assistant that serves over 200 million users in China[3]. On the logistics front, Alibaba co-founded Cainiao in 2013, a smart logistics network integrating major Chinese logistics firms to improve package delivery efficiency domestically and internationally. Cainiao's valuation reached about $20 billion, reflecting Alibaba’s strategic focus on building a global logistics network, although Alibaba divested its logistics arm for $8.5 billion to investment firms in recent years[1]. Alibaba went public in 2014 with a record-breaking $25 billion initial public offering on the New York Stock Exchange, cementing its status as a global tech giant[4]. Today, the company continues t

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