Hong Kong lists 23% of Chinese public internet companies, accounting for 52.5% of their total market value while the United States lists 40% accounting for 42% of total market value. Nearly one-third of these companies are headquartered in Beijing. As of December 2019, the total market value of Chinese public-listed Internet enterprises totaled 11.12 trillion […]
Alibaba Group: News, Statistics, Market Share, and Insights
Alibaba Group Holding Limited (NYSE: BABA) is a publicly traded Hangzhou-based group of e-commerce businesses, including:
- B2B online web portals (alibaba.com, Chinese B2B website 1688.com),
- online retail (C2C marketplace Taobao, B2C Tmall.com)
- payment services Alipay (now part of Ant Financial)
- new retail Hema
- a shopping search engine eTao.com
- data-centric cloud computing services Aliyun.
Alibaba group started in 1999 when Jack Ma founded the website Alibaba.com, a B2B portal to connect Chinese manufacturers with overseas buyers.
In 2012, two of Alibaba’s portals handled 1.1 trillion yuan ($170 billion) in sales. Alibaba Group raised over $21 billion from initial public offering (IPO roadshow presentation here) on NYSE on 19 September 2014.
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) has officially listed on the main board of the Hong Kong Exchanges and Clearing Limited (HKEX) in November 2019.
Before IPO, Alibaba made a lot of strategic investments and acquisitions both domestic and abroad; you can find more on the infographic here.
See the comparison of Alibaba with Amazon or another Chinese e-commerce giant JD.com here. Check out 10 charts to know Alibaba Group: China's E-commerce Empire
Summary of Alibaba Group Key Businesses
China is warming up for the largest shopping festival since the coronavirus outbreak, the mid-year 618 Shopping Festival.
Alibaba Revenue was 114,314 million yuan (US$16,144 million) in Q1 2020, an increase of 22% year-over-year. The total revenues for its fiscal year reached 509,711 million yuan (US$71,985 million), an increase of 35% year-over-year.
Alibaba quietly launched Luxury Soho, a new channel on the Tmall e-commerce platform targeting young and value-conscious luxury shoppers. Coach, MCM among the first to join Luxury Soho Luxury Soho is named after New York’s fashionable Soho district. It’s created as a solution to help luxury brands attract younger consumers as well as those who […]
Alibaba Cloud, or called Aliyun in China, announced that it has the third biggest market share in the global Infrastructure as a Service (IaaS) market and the biggest in the Asia Pacific region for the third year in a row in 2019, according to a report from Gartner.
Along with Taobao’s “special offer edition”, there are also “super factory plan” and “10 billion production area plan”, three major initiatives that Alibaba uncovered asd three pillars of Taobao’s C2M strategy.
Bonbater, a snacks brand owned by Alibaba with rising popularity on Taobao, is recently revealed by the Chinese media. What are Alibaba’s advantages of running its own brand? The official business registration information shows Bonbater’s dealer is Hangzhou Xinxuan E-Commerce Co., Ltd, which is a wholly-owned subsidiary of Taobao. The company’s former legal representative is […]
China’s cloud infrastructure services market grew 66.9% and reached US$3.3 billion in total spending in Q4 2019, accounting for 10.8% and the second largest of the global market, according to data from Canalys.
Annual active consumers on Alibaba’s China retail marketplaces reached 711 million, an increase of 18 million from the 12-month period ended in Q3 2019. Mobile MAUs on its China retail marketplaces reached 824 million in December 2019, an increase of 39 million over September 2019.
If you open mobile Taobao and search “Starbucks”, you may see a new page completely different from before. In the past, when users search an established brand, the corresponding result would be the flagship store. The link to the flagship store will be displayed on the top of the page, with other various relevant goods […]
This is the third part of a three-part series on e-commerce companies’ exploration and collaboration with the manufacturing industry. Read part 1 here and part 2 here. You can download the full eBook here. Compared with manufacturing, China’s internet companies know more about how to interact with consumers. E-commerce factories is an attempt to promote manufacturing […]
This is the second part of a three-part series on e-commerce companies’ exploration and collaboration with the manufacturing industry. Read part 1 here. You can download the full eBook here. E-commerce giants are speeding up their deployment of factories. C2M, or customer to the manufacturer, is the direct connection between the customer and the manufacturing […]
This is the first part of a three-part series on e-commerce companies’ exploration and collaboration with the manufacturing industry. You can download the full eBook here. E-commerce factory is the collaboration of the manufacturing industry and the internet. Under the circumstances of retail sector being depressed while the traffic of e-commerce reaching the peak, the […]
Tencent has the highest internet user penetration of 97.3% in China in September 2019, followed by Alibaba, Baidu, and ByteDance. But, ByteDance saw the largest increase of 18.6% YoY in internet user penetration.
Alibaba Group Holding Limited (“Alibaba” or the “Company”) (NYSE: BABA and HKEX: 9988) has officially listed on the main board of the Hong Kong Exchanges and Clearing Limited (HKEX) today, successfully going public in Hong Kong.