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Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics and cloud computing services.
Alibaba Group was established in 1999 by 18 people led by Jack Ma, a former English teacher from Hangzhou, China.
Learn how Alibaba, the largest e-commerce company on earth, was founded in 1999 by Jack Ma and 18 partners in Hangzhou, China. Discover how Alibaba grew to dominate the Asian market and went public in 2014 with a $25 billion IPO.
Jack Ma Yun ( Chinese: 马云; pinyin: Mǎ Yún; born September 10, 1964) is a Chinese business magnate, investor and philanthropist. He is the co-founder of Alibaba Group, a multinational technology conglomerate. In addition, Ma is also the co-founder of Yunfeng Capital, a Chinese private equity firm.
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3 days ago · Jack Ma (born September 10, 1964, Hangzhou, Zhejiang province, China) is a Chinese entrepreneur who was head of the Alibaba Group, which comprised several of China ’s most popular Web sites, including the business-to-business marketplace Alibaba.com and the shopping site Taobao.com.
Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics and cloud computing services.
History. Early Years. On 28 June 1999, Jack Ma and 17 friends started Alibaba.com, an online business marketplace, in Ma's apartment in Hangzhou, China. In October of the same year, Alibaba got a $25 million investment from Investor AB, [15] Goldman Sachs, and SoftBank.
