What does Alibaba do?
Alibaba is a global internet powerhouse, with interests in e-commerce, digital media and entertainment. Boosted by strong retail performance in China as well as its rapidly growing cloud computing business, Alibaba is now one of the ten largest companies in the world.
When was Alibaba started?
Alibaba was founded in 1999 by Jack Ma and 17 of his friends. It was created as an online marketplace, with the mission of connecting small Chinese exporters with global buyers. The company has grown exponentially since those early days, culminating in the highest initial public offering (IPO) listing in Wall Street history some 15 years later.
Where does Alibaba operate?
The company is headquartered in Hangzhou, China, with offices located in a number of countries around the world.
Where is Alibaba traded?
Alibaba’s shares are traded on the New York Stock Exchange (NYSE). You can trade the Alibaba share price, or buy Alibaba shares, with IG – find out more here.