Online trading market.
Alibaba (English: Alibaba Company; ; NYSE (stock code "BABA") is the largest Internet company in China and the second largest in the world. It was founded by Jack Ma on 1999 and is a business-to-business online trading market platform.
In May 2003, Ma Yun invested 1 100 million yuan to establish a personal online trade market platform-Taobao. On June 5438+ 10, 2004, Alibaba invested and established Alipay Company to launch intermediary-based secure transaction services for China e-commerce market. 2065438+On September 19, 2004, Alibaba Group was officially listed on the new york Stock Exchange, with the stock code "baba".
20 1165438+1October1whole day, the total transaction volume (GMV) of Tmall Double1kloc-0/global carnival reached168.2 billion yuan, and the mobile transaction volume accounted for 90%. 165438+1On October 20th, Alibaba announced a new retail strategic cooperation with Auchan Retail and Runtai Group.