China's largest ecommerce company
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About Alibaba Stock
Alibaba went public on September 19, 2014 and is listed under BABA.
Alibaba is a Chinese e-commerce company operating online marketplaces for both international and domestic China trade. It also operates an online payment system called AliPay.
Alibaba is a family of internet-based businesses, which enables its users to buy or sell anywhere in the world. It has developed businesses in consumer e-commerce, online payment, business-to-business marketplaces, and cloud computing, and has now expanded into new areas such as mobile apps, mobile operating systems, and internet TV.
It is focused on fostering the development of an open and collaborative e-commerce ecosystem that benefits consumers, merchants, and the economy as a whole.
Alibaba assists millions of buyers and suppliers all over the world to do business online through its own trading markets that includes an International Trading Market, which serves global import and export business; a Chinese Trading Market, which caters to domestic business.
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Founder and CEO
NY Times - Sep, 18 2014Alibaba Raises $21.8 Billion in Initial Public Offering