Alibaba is a Chinese company and the largest e-commerce company in the world. The company was founded on April 4, 1999 by Jack Ma in China. He is the co-founder and former CEO of Alibaba Group, currently managed by CEO Daniel Zhang.
Jack Ma will continue to serve on Alibaba’s board of directors until its annual general meeting of shareholders next year. The products sold on Alibaba are usually reasonably priced as Chinese manufacturers take advantage of cheap labor and help cut costs.
Reduce production costs significantly.
Alibaba’s main websites include Taobao Tmall and Alibaba.com. The company has hundreds of millions of users and hosts millions of businesses. Alibaba
Holds more business than any other e-commerce company. Alibaba Group’s annual revenue from 2010 to 2019 In the fiscal year ended March 31, 2019, China e-commerce corporation Alibaba recorded a total revenue of 376.8 thousand Million yuan (54.5 billion US dollars).
