Alibaba Group Holding Limited is a Chinese multinational e-commerce, retail, Internet, AI and technology conglomerate founded in 1999 by Jack Ma.
Alibaba provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services.
The company’s name came from the character Ali Baba from the Arabian literature One Thousand and One Nights because of its universal appeal.
Alibaba owns and operates a diverse array of companies around the world in numerous sectors, and is named as one of the world’s most admired companies by Fortune.
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