The Alibaba Group Holding Limited

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The company’s zenith came with the public offering in 2014, when its IPO achieved the estimated value of US$ 25 billion, a higher offer than Apple and Amazon, by that time. The year 2021 also was special for Alibaba, since the COVID-19 pandemic boomed the online market in the whole world, which made the company reach a net income of US$ 21 billion. Who Owns Alibaba The Alibaba Group is owned by Jack Ma, still up today.


owns several subsidiaries, such as Taobao, Tmall, UCWeb, algeria whatsapp number database Aliyun, and the soccer club, Guangzhou Evergrande Football Club. Alibaba’s Mission Statement “Alibaba Group’s mission is to make it easy to do business anywhere” How Alibaba makes money Alibaba Group is a massive holding that controls numerous subsidiaries and profits for a long-range of services, spearheaded by the e-commerce initiative, which represents almost 90% of the group’s revenue.


The Group also counts on other means of making money, such as advertising, membership fees, cloud computing, and also on delivery service sales. Alibaba’s income, although diverse, centers on its marketplace offerings, which connect users from every corner of the world to Chinese businesses that sell a variety of goods. Alibaba has a commission granted for every transaction made on the sphere of its websites Alibaba.com and Tmall.