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Alibaba Group Holding LTD

corporation
synonymAlibaba Group(Chinese Internet company) generally refers to Alibaba Group Holding LTD
Alibaba Group Holding LTD (hereinafter referred to as Alibaba Group), Revenue in the fiscal year 2024 was 941.168 billion yuan, up 8% year-on-year. [256] Is used as English Teacher the Jack Ma Led by 18 people in 1999 Zhejiang (Province) province Hangzhou City Founded the company. [1-2]
Alibaba clique manage multiterm business In addition, it also obtains support from the business and services of affiliated companies to operate the business ecosystem. Business and the business of affiliates include: Taobao , Tmall , Juhuasuan , AliExpress , Alibaba International Marketplace, 1688 , Ali Mama , Aliyun , Ant Financial , Cainiao network Let's wait. [3]
On September 19, 2014, Alibaba Group in New York Stock Exchange It went public. It was the biggest in history IPO For the record, Stock code "BABA", founder for Jack Ma .
On September 6, 2019, Alibaba Group announced a $2 billion wholly-owned acquisition NetEase Kaola , lead the investment NetEase cloud music $700 million financing . [7] In October, it ranked No. 10 on the 2019 Forbes Global Digital Economy 100 list. [8] On November 16, Hurun Research Institute released the 2019 Hurun Top 100 Global Unicorn Active Investment Institutions List, and Alibaba ranked 7th. On November 26, Alibaba's Hong Kong stock market was listed with a total market value of over 4 trillion yuan, making it the top Hong Kong stock market Hong Kong stocks Ipo king [4-5] . In December, Alibaba Group was selected as one of the 100 model brands in the 2019 China Brand Power Ceremony. [11] On January 11, 2020, Alibaba announced that it became the exclusive e-commerce partner of the Spring Festival Gala of the Year of the Rat, and provided subsidies to power suppliers. [12]
On December 29, 2023, Beijing Higher People's Court Alibaba Group Holding Co., Ltd. made a first-instance judgment on the "two options" case, finding that its abuse of market dominance to implement the "two options" monopoly behavior was established, causing serious damage to JD.com, and ruled to compensate JD.com 1 billion yuan. [242]
On May 10, 2024, Alibaba's global headquarters (Xixi Area C) was officially put into use, and Alibaba Beijing Chaoyang Science Park was put into use. [251] On May 23, Alibaba considered issuing $5 billion in convertible bonds. [257]
Company name
Alibaba Group Holding LTD
Foreign name
Alibaba Group Holding Limited [198]
Establishment time
June 28, 1999 [198]
Annual turnover
868.687 billion yuan [221] (2022)
founder
Jack Ma
president
Joseph Tsai [198]
Place of registration
Cayman Islands Cayman Islands (British) [198]
Office address
26 / F, Tower 1, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
969 Wenyi West Road, Yuhang District, Hangzhou City, Zhejiang Province [198]
Stock code
BABA [4-5]
CEO
Wu Yongming

Development course

broadcast
EDITOR
The early Alibaba team worked in Ma's apartment
In 1999:
In September, 18 founders led by Jack Ma formally launched Alibaba Group in a Hangzhou apartment, the group's first website is Alibaba, an English-language global wholesale trade marketplace. In the same year, Alibaba Group launched the China Exchange Market (now known as "1688"), which focuses on domestic wholesale trade.
In October, Alibaba Group from several Investment institution Raised $5 million. [13]
In 2000:
In January, Alibaba Group from SoftBank Several other investors raised $20 million.
In September, Alibaba Group held the first The West Lake Swords , bringing together the business and Opinion leader Discuss important issues in the industry. [14]
In 2001:
Alibaba surpassed 1 million registered users in December. [15]
In 2002:
In December, Alibaba Group achieved its first full-year positive cash flow. [16]
In 2003:
May, shopping site Taobao Founded in Jack Ma's apartment. [17]
In 2004:
In February, Alibaba Group raised $82 million from several first-tier investors, making it the largest private financing in China's Internet sector at the time.
Jack Ma and Masayoshi Son, chief executive of SoftBank
In June, Alibaba Group held for the first time Internet business conference During this period, the first Top ten network business award ceremony was held.
In July, Taobao released a PC version of its messaging software that allows buyers to communicate with sellers in instant text, voice and video Aliwangwang .
In December, a third-party online payment platform of an affiliate of Alibaba Group Alipay Launch. [18]
In 2005:
On August 11, Alibaba and Yahoo Announced that the two parties have signed a partnership agreement under which Alibaba will acquire all assets of Yahoo China, receive a $1 billion investment from Yahoo, and enjoy exclusive rights to use Yahoo's brand and technology in China; Yahoo gets 40 percent of Alibaba's economic interest and 35 percent of its voting rights. [19]
In October, Alibaba Group took over China Yahoo . [20]
Management and employees celebrate passing the company's first financial milestone
In 2006:
In July, Taobao University Courses are launched to provide e-commerce training and education to buyers and sellers. [21]
On October 30, Alibaba Group launched a localized living community platform Koubei The strategic investment is completed. [22]
In 2007:
On Jan. 9, Alibaba Group announced its subsidiary in Shanghai Alisoft Officially established. [23]
In November, Alibaba.com LTD Hong Kong Stock Exchange Listed on the main board. In the same month, Alibaba Group set up the online advertising platform Alimama. [24]
In 2008:
In April, Taobao launched Taobao Mall, which focuses on serving third-party brands and retailers. [25]
Taobao Mall establishment celebration
On June 4, Alibaba Group merged its China Yahoo with Koubei to form Yahoo Koubei. [26]
On September 4, Alibaba Group announced the merger of Taobao and Alibaba Mother. At the same time, Alibaba Group Research and Development Institute was established. [25]
In 2009:
On July 22, Alibaba Group announced that its Ali Software company and the former Alibaba Group Aliresearch Officially merged, the merged company name is still Ali Software. [27]
On August 21st Alibaba Group announced that it would spin off Koubei, China's Yahoo, and inject it into Taobao. [28]
Alibaba Group 10th anniversary celebration
On September 10, Alibaba Group celebrated its 10th anniversary and was founded at the same time Alibaba Cloud Computing . In the same month, Alibaba announced the acquisition of China's leading Internet infrastructure service provider China Wan net . [29]
In 2010:
In March, Alibaba changed the name of its Chinese marketplace to "1688." In the same month, Taobao launched Juhuasuan, a group-buying site.
In April, Alibaba officially launched AliExpress, allowing Chinese exporters to reach and trade directly with consumers around the world.
In May, Alibaba Group announced that it would allocate 0.3% of its annual revenue to an environmental fund to promote awareness of environmental issues and support conservation activities.
In July, Alibaba Group launched Partnership system To preserve its mission, vision and values.
In August, Alibaba acquired two e-commerce solutions providers serving small businesses in the United States Vendio And Auctiva. In the same month, a mobile Taobao client was launched.
In November, Alibaba announced the acquisition of a domestic one-stop export service provider yitatong . [30]
In 2011:
On June 16, Alibaba Group announced that it would split Taobao into three companies eitao , Taobao, Taobao Mall . [31]
In October, Juhuasuan spun off from Taobao and became an independent platform. [32]
In 2012:
On January 11, Taobao Mall officially changed its name to" Tmall ". In the same month, Alibaba Group established the Alibaba Foundation for Public Welfare and allocated funds to the foundation to support various public welfare activities. [33]
On June 20, Alibaba Network Co., LTD. (code 1688) was delisted on the Hong Kong Stock Exchange, and the market focused on Alibaba privatization Curtain down.
On July 23, Alibaba Group announced that it would adjust the company's organizational structure from the original subsidiary system to the business group system, and adjust the business of the existing subsidiaries to Taobao , e-tot , Tmall , Juhuasuan Ali International business, Ali Small business and Ali Cloud seven business groups. [34]
Taobao.com 10th anniversary celebration
In September, Alibaba Group completed an initial share buyback of Yahoo and restructured its relationship with Yahoo. [33]
In 2013:
On January 6, Alibaba Group announced the merger of Alibaba Cloud and Wanwang into a new Alibaba Cloud company, and the "Wanwang" brand will continue to be retained after the merger and become the domain name service brand of Alibaba Cloud.
On January 10, Alibaba Group announced that the existing business structure and organization will be adjusted accordingly, and 25 business units will be established, and the presidents (general managers) of each business unit will be responsible for it.
In July, Alibaba Group released the Ali Smart TV operating system.
In August, the Alibaba Group Campus was moved to Xixi, Hangzhou.
In September, Alibaba Group officially launched a social networking mobile app intercourse . [35]
In 2014:
In February, as an extension of the Tmall platform Tmall Global Officially launched, allowing international brands to sell directly to Chinese consumers.
In June, Alibaba Group completed the acquisition of the mobile browser company UC UTv And integrate both sides of the business. In the same month, Alibaba Group began offering mobile virtual network operator services in China under the AliTelecom brand. In the same month, Alibaba Group completed the acquisition of approximately 60% of Chinavision Media, a film and television program producer (now known as "Alibaba Pictures Group").
Alibaba Group is listed on the New York Stock Exchange
In July, Alibaba Group set up a joint venture with Intime to develop O2O business in China. In the same month, Alibaba Group completed the digital mapping company Autonavi The investment.
On September 19, Alibaba Group was officially listed on the New York Stock Exchange under the stock code" BABA ".
In October, an affiliate of Alibaba Group Ant Financial Services Group (formerly known as "Small and Micro Financial Services Group") was officially established. That same month, Taobao Travel Became an independent platform and changed its name to" Go for it ". [36]
In 2015:
On January 13th, enmedia The Group announced that Alibaba Group will strategically invest in and take control of EMedia. Emedia will continue to operate independently and, together with Alibaba Group's marketing promotion platform Ali Mama, will promote the development of digital marketing programs in China and gradually realize the popularization of big data marketing capabilities. [37]
On February 1, Alibaba Group announced the establishment of a billion Hong Kong dollars Hong Kong Young Entrepreneurs Fund The Fund is non-profit making in nature. [38]
On February 9, Alibaba Group announced a $590 million strategic investment Meizu Technology, did not disclose the specific shareholding. [39]
On February 10, Alibaba Group announced that it had completed a restructuring with Ant Financial Group, the parent company of Alipay. [40]
On March 11, Alibaba Group announced a strategic partnership between its global wholesale trade platform and ezbob and iwoca, the UK's innovative lending institutions, to help UK smes obtain working capital more easily when purchasing goods from Chinese suppliers on the platform.
On April 15, Alibaba Group announced and listed in Hong Kong Ali Health Information Technology Co., Ltd. reached a definitive agreement. According to the agreement, Alibaba Group will transfer the operating rights of Tmall online pharmaceutical business to Ali Health in exchange for Ali Health's newly issued shares and convertible bonds, and Ali Health will become a subsidiary of Alibaba Group.
On May 14, Alibaba Group announced that it had joined forces Yunfeng Fund Major domestic logistics express enterprises flexible Make strategic investments. [41]
On June 4, Alibaba Group and Shanghai Media Group (SMG) jointly announced that they will jointly build SMG's First Financial Media Co., Ltd. into a new digital financial media and information service group, and Ali will invest 1.2 billion yuan to participate in the First financial group and explore the field of data services.
June 18, Japan SoftBank Group Alibaba Group and Foxconn Technology Group Jointly announced that Alibaba and Foxconn will inject 14.5 billion yen each into SoftBank's SoftBank Robotics Holding Company, after the completion of the capital injection, Alibaba and Foxconn will each hold 20% of SBRH shares, SoftBank It will hold 60% of the shares. [42]
On June 23, Alibaba Group and Ant Financial Services Group jointly announced that the two sides will jointly establish a local life service platform company, the joint venture company named "Koubei", the two sides each inject 3 billion yuan, a total of 6 billion yuan, each holding 50% of the shares. [43]
On July 8, Alibaba announced a strategic investment of more than $100 million Charm benefit To jointly create the charm of luxury flash shopping e-commerce platform. After the completion of the transaction, Alibaba will establish a service team on its Tmall platform to support the rapid development of Charm Hui. [44]
On July 15, Alibaba Group announced its establishment Ali Music Group , Gao Xiaosong As chairman of the board, Song Ke As CEO.
On July 16, Alibaba Group's mobile open platform Ali Baichuan Announced that it will provide "1 billion venture capital +1 billion loans" to support mobile app entrepreneurs. [45]
On July 20, Alibaba Group and Unilever Signed a strategic cooperation agreement to help the latter sell its products to more Chinese customers. [46]
On July 29, Alibaba Group announced the sale of its subsidiary Aliyun Strategic capital increase of 6 billion yuan for international business expansion, research and development of foundation and technology in cloud computing and big data fields, as well as the construction of DT ecosystem. [47]
On August 10, Alibaba Group and Suning Commerce Group Co., Ltd. They jointly announced the conclusion of comprehensive strategic cooperation. According to the agreement, Alibaba Group will invest about 28.3 billion yuan to participate in the non-public offering of Suning Yunshang, accounting for 19.99% of the total share capital after the issue, becoming the second largest shareholder of Suning Yunshang. At the same time, Suning Yunshang will buy up to 27.8m newly issued shares in Alibaba for Rmb14bn. [48]
On August 12, Alibaba Group and the US department store retail giant Macy's Jointly announced that the two sides officially reached a long-term exclusive strategic cooperation. Macy's is coming to Tmall Global. [49]
On September 8, Alibaba Group joined forces with the world's leading retail trade group Metro Announced the exclusive strategic cooperation, Metro official flagship store will be located in Tmall International. As the largest retail trade group in Germany, Metro will join hands with Alibaba to work closely in the commodity supply chain, cross-border e-commerce and big data, becoming an important partner in Ali's European strategy.
On September 10, Alibaba Group won the top award of "retailer of the year" at the 2015 World Retail Congress.
On September 24, Alibaba Group announced the launch of the "Hangzhou + Beijing" dual center strategy, and will take Beijing as the base camp to vigorously promote the strategy implementation and business development in northern China. [50]
On September 24, the Stanford Graduate School of Business Alumni Association announced that in 2015 ENCORE Awards Awarded to Alibaba Group. This is the first time that the ENCORE Award has been awarded to a Chinese company, and Alibaba Group is the 38th company in the history of the ENCORE Awards and the first non-US company in the world to receive the award.
On October 13, Zhang Yong, CEO of Alibaba Group, announced that the Double 11 headquarters would move to Beijing in 2015 and set up a Double 11 headquarters in Beijing.
On October 16, Alibaba Group announced that it had made a non-binding offer to the Board of Directors of Youku Tudou Company to acquire all outstanding shares of Youku Tudou Company at a price of $26.60 per ADS (American Depositary Receipt) in cash, excluding the shares already held by Alibaba Group. [52] 51 -
Related pictures
On the evening of November 3, Alibaba Group and the People's Government of Hebei Province signed a memorandum of cooperation on "Internet + Poverty alleviation" in Shijiazhuang. The two sides agreed to give full play to Alibaba Group's three-dimensional industrial development advantages and influence in the field of Internet economy, carry out in-depth cooperation in the field of "Internet + poverty alleviation", and achieve complementary advantages and common development.
On November 6, Alibaba Group and Youku Tudou Group Announced that the two sides have signed a merger and acquisition agreement on the acquisition of Youku Tudou shares, according to this agreement, Alibaba Group will acquire Youku Tudou Group. The transaction will be made entirely in cash. [53]
November 11th, Alibaba Double 11 shopping Carnival The day's trading volume reached 91.217 billion yuan, up nearly 60 percent from 2014's Singles' Day, and Alibaba's first Singles' Day sales of 52 million yuan in 2009. Alibaba will apply for eight Guinness World Records, including nuts, milk, honey, cars, watches and mobile phones.
On November 12, Alibaba was selected MSCI China Index .
On November 27, China Minmetals Development Co., LTD., a subsidiary of China Minmetals Group, and Alibaba Group's Hangzhou Ali Venture Capital Co., LTD. (referred to as Ali Investment) jointly announced that the two sides reached an agreement to jointly increase capital to Minmetals E-commerce Co., LTD., a subsidiary of Minmetals Development (referred to as Minmetals E-commerce) to jointly build a steel trading B2B platform. [54]
2015 Tmall Double 11 Global Carnival
On December 1, Alibaba Group announced in Paris and Munich the appointment of Terri Vonbibra as General manager of Alibaba Group Germany Office and SebastienBadault as general manager of Alibaba Group France Office, respectively, reporting directly to Alibaba Group President Mike Evans, with immediate effect. Alibaba will also set up offices in Munich, Germany, and Paris, France.
On December 2, a subsidiary of China Minmetals Group Minmetals Development Co. LTD Affiliated with Alibaba Group Hangzhou Ali Venture Capital Co. LTD Officially signed. The two parties will establish a joint venture to provide services to all enterprises, including individuals, engaged in value creation business in the metal supply chain and build a metal trading ecosystem.
On December 9, Alibaba and FIFA (International Football Association) Joint announcement in Tokyo, Japan that Alibaba will become The FIFA Club World Cup The exclusive title sponsor from 2015 to 2022. From the 2015 FIFAClubWorldCup, the ClubWorldCup will be officially named Alibabae-Autofifaclub WorldCup. [55]
On December 11, Alibaba Group announced a partnership with South China Morning Post The Group reached an agreement to acquire the South China Morning Post and other media assets under the South China Morning Post Group. In addition to the newspaper's flagship South China Morning Post, the media assets acquired include the SCMP Group's magazine publishing, recruitment, outdoor media, events and conferences, education and digital media businesses.
On December 17, Alibaba Group spent $1.25 billion to complete Ele.me The largest shareholder.
On December 24, Alibaba Group and the Information Center of the Certification and Accreditation Administration officially signed a cooperation framework agreement, and the two sides jointly launched the "Cloud Bridge" data sharing mechanism, and Alibaba became the first e-commerce platform to directly access the national CCC certification information database.
On December 29, Alibaba Pictures Group held an extraordinary general meeting of shareholders in Hong Kong to vote Taobao movie and Yubao The asset injection transaction, in which the percentage of shareholders who have voted in support of the transaction exceeds 99%, the transaction is officially approved.
In 2016:
On February 12, according to Yonhap News Agency, South Korea's SM Company Entertainment released news that SM company signed a strategic cooperation agreement with Alibaba Group on music business and e-commerce business in China. Alibaba will participate in SM Entertainment in the way of a third-party rights issue paid capital increase, holding a 4% stake in SM, and the investment amount involves 35.5 billion won (equivalent to about 195 million yuan).
SM will conduct online music sales, marketing and merchandising activities in China through Alibaba Group and its subsidiary Ali Music Group. SM said the strategic cooperation between the company and Alibaba will generate synergies in several areas.
On February 5, Alibaba Group disclosed in A regulatory filing with the US Securities and Exchange Commission (SEC) that it had bought 32.972 million shares of Groupon's Class A common stock, roughly equivalent to 5.6% of the US daily deal company's total shares outstanding.
On February 17, Alibaba Group and the National Development and Reform Commission signed a strategic cooperation agreement on the development of rural e-commerce in combination with the pilot venture back home. In the next three years, the two sides will jointly support more than 300 pilot counties (cities and districts) to develop rural e-commerce in combination with the pilot venture back home. The pilot will be implemented on a rolling basis for three years, and about 100 pilot areas will be supported every year from 2016 to 2018 to promote entrepreneurship and employment.
At 2:57 PM on March 21, the transaction volume of Alibaba's retail platform in the fiscal year 2015 exceeded 3 trillion yuan. This is the first time Alibaba has released real-time annual transaction volume.
On April 1, Alibaba Group CEO Zhang Yong (Hua Xiaozi) announced that Zhang Jianfeng (Hua Xing Yan) will serve as the group's chief Technology officer (CTO). In addition to his role as chief technology officer of Alibaba Group, Zhang Jianfeng will also head the group's technology strategy executive team. In addition to continuing to lead the original mid-Taiwan business group team, the technical support department will also be responsible for Zhang Jianfeng.
On April 6, Alibaba Group CEO Daniel Zhang announced, Unity Group (Youku Tudou) has officially completed privatization and become a member of the Ali family. Gu Yongqiang He will remain Chairman and Chief executive Officer of the Unity Group. [56]
On April 11, Zhang Yong, CEO of Alibaba Group, announced the appointment of Jiang Fang (formerly Deputy CPO) as Chief Talent Officer (CPO) of Alibaba Group. Jiang Fang will take over the baton from Peng Lei and assume overall responsibility for the strategy and execution of Alibaba Group's talent and organizational culture development. After leaving the CPO of Alibaba Group, Peng Lei will focus on the work of Ant Financial Services Group.
On April 13, Ele. me officially reached a strategic cooperation agreement with Alibaba and Ant Financial, receiving an investment of $1.25 billion. Among them, Alibaba invested $900 million and Ant Financial invested $350 million.
On April 14, Alibaba Group joined the International Anti-Counterfeiting Coalition (IACC), becoming the first e-commerce member of the international organization.
On April 18, Alibaba Group signed a strategic cooperation agreement with New Zealand Trade Development Agency (NZTE), a designated agency of the New Zealand government.
In May, Alibaba Group became the first batch of "enterprise demonstration bases" of The State Council. [57]
On May 18, Alibaba Group announced that its "leisure fish" and "auction" businesses would be "combined with similar items." [58]
On June 8, the 2016 BrandZ Global Top 100 Most Valuable Brands list was released, and Alibaba ranked 18th. [59]
On June 15, Zhang Yong, CEO of Alibaba Group, announced the official establishment of the "Alibaba Entertainment Section". This section includes Alibaba Group's Ali Pictures, Unity Group (Youku Tudou), Ali Music, Ali Sports, UC, Ali Games, Ali Literature, digital entertainment division.
The National Development and Reform Commission signed a memorandum of cooperation with Alibaba on the construction of an integrity system in the field of commerce
July 5, 3rd Party App Store" Pea pod Announced that its application distribution business into Alibaba mobile business group, the two sides have formally signed the merger agreement. [60]
On December 2nd, National Development and Reform Commission Signed a memorandum of cooperation with Alibaba Group in Beijing on promoting the construction of an integrity system in the field of commerce. The two sides have carried out a series of cooperation in data sharing, joint rewards and punishments, pilot demonstration, research co-creation, etc., to enhance the awareness of integrity in the business field, promote the construction of the integrity system, and give play to the important role of the credit system in optimizing the business environment and promoting industrial development.
In 2017:
In February, Brand Finance released its 2017 Top 500 Global Brands list, and Alibaba ranked 23rd.
On February 4, the opening ceremony of Alibaba Group's Australian-New Zealand headquarters was held in New South Wales, Australia.
On February 20, Alibaba confirmed the signing of Bailian Group, and the new retail landed in Shanghai. Bailian Group is a regional retailer, with the vast majority of its offline stores located in Shanghai, with more than 3,300. Bailian Group is one of the offline retailers with the largest market volume and influence in Shanghai. [61]
On February 28, the Chongqing municipal government signed a strategic cooperation agreement with Alibaba and Ant Financial. The three parties will Cloud computing , big data, e-commerce, logistics, new smart cities, and inclusive financial services. [62]
On March 21, Alibaba announced a wholly owned acquisition Damai Zhang Yu, vice president of Alibaba Group and Secretary general of Ali Culture and Entertainment Group, served as CEO of Damai Network.
On August 3, 2017, the list of "China's top 100 Internet companies" was released, and Alibaba ranked second.
On November 20, Alibaba Group, Auchan Retail S.A. (Auchan Retail), Runtai Group Announced a new retail strategic partnership. According to the strategic agreement, Alibaba Group will invest about 22.4 billion Hong Kong dollars (about 2.88 billion US dollars, 19.02 billion yuan), directly and indirectly hold 36.16 percent of Sun Art Retail shares. [63]
On December 15, Alibaba confirmed its investment in Chinese electric vehicle startup Xopeng Motors. [64]
In 2018:
On February 1, Alibaba announced that it had agreed to buy a 33% stake in Ant Financial.
On February 5, Wanda Group announced that Alibaba Group, WTI Holding Co., Ltd. and Wanda Group signed a strategic investment agreement in Beijing, and Alibaba and WTI Holding purchased Wanda Group's 12.77% shares of Wanda Film at RMB51.96 per share. Among them, Alibaba contributed 4.68 billion yuan and WTI Holdings contributed 3.12 billion yuan, becoming the second and third largest shareholders of Wanda Film respectively, and Wanda Group is still the controlling shareholder of Wanda Film, holding 48.09% of the shares. [65]
On February 11, Beijing Surprising Home Investment Holding Group Co., Ltd. and Alibaba Group jointly announced a new retail strategic cooperation: Alibaba and affiliated investors invested 5.453 billion yuan in Surprising Home, holding 15% of its shares. [66]
On April 2, Alibaba Group, Ant Financial Group and Ele. me jointly announced that Alibaba has signed an acquisition agreement and will complete a wholly-owned acquisition of Ele. me with Ant Financial for $9.5 billion.
4月20日,阿里巴巴集团宣布全资收购中国大陆自主嵌入式CPU IP Core公司——中天微系统有限公司。 [67]
On the morning of April 27, the Hainan provincial government signed a framework agreement on comprehensively deepening strategic cooperation with Alibaba Group and Ant Financial Group. The Hainan provincial government will deepen cooperation with Alibaba and Ant Financial in the three major areas of economic development, social governance and livelihood services, especially in the digital economy, smart service industry, information smart island and e-commerce. [68]
On May 3, Ali confirmed the wholly-owned acquisition of Beijing Xiansheng Internet Technology Co., LTD. [69]
On May 8, Daraz, a Pakistani e-commerce company, announced its wholly-owned acquisition by Alibaba Group, marking an important step in the development of cross-border e-commerce between China and Pakistan. [70]
On May 17, Alibaba was invited to join the JCP Supreme Executive Committee and obtained a seat on the executive committee. The participation of Alibaba, for domestic developers and enterprises, will make the Java development process more fault-tolerant and efficient, domestic development standards or will become a global norm. [71]
On May 21, to promote the development of artificial intelligence in Hong Kong, Alibaba Group, SenseTime Group and Hong Kong Science and Technology Parks Corporation announced the establishment of the" Hong Kong Artificial Intelligence Laboratory ".
On May 30, Cainiao Network and ZTO Express announced a strategic investment agreement, Alibaba, Cainiao, etc., invested $1.38 billion in ZTO Express, holding about 10%, and the two sides will jointly explore new logistics opportunities and promote the digital upgrading of the industry. [72]
On June 4, Baby Tree announced a capital strategic cooperation with Alibaba Group and obtained a new round of financing from Alibaba. [73]
On August 2, Alibaba and Starbucks announced a new retail comprehensive strategic cooperation, Starbucks will rely on Ele. me delivery system, gradually launched delivery services; At the same time, based on Hema's new store-centered retail distribution system, we will jointly create Starbucks "delivery star Chef". [74]
On August 3, Huatai Securities announced the subscription results. A total of 1.088 billion shares were issued at the issue price of 13.05 yuan/share, and the subscription amount totaled 14.2 billion yuan. Among them, Alibaba subscribed 268 million shares for 3.5 billion yuan [75] .
On August 8, Alibaba announced the launch of the "88VIP" new membership program, opening up the membership system of Alibaba's multiple platforms. "88VIP" has a high threshold, the goal is to continue to obtain high-end users. Naughty value to 1000 as the boundary, more than 1000 points of the super member can spend 88 yuan to obtain membership rights, 1000 ordinary members must spend 888 yuan. [76]
On August 15, Kroger signed a partnership with Alibaba to sell nuts, dietary supplements and other products in China. [77]
On September 7, Ma Yun and Li Baofang, Party secretary and chairman of Moutai Group, successively expressed their intention to promote further strategic cooperation between the two groups.
On September 10, Ma Yun announced that he would no longer serve as chairman of the Board of Directors on September 10, 2019, and CEO Zhang Yong took over. [78]
On September 19, Zhang Jianfeng, chief technology officer of Alibaba, said at the Yunxi Conference that Alibaba will set up Pingtou Semiconductor Co., LTD., which makes Alibaba the world's fifth large-scale technology enterprise to start quantum hardware research and development projects after IBM, Microsoft, Google and Intel. [79-80]
On October 12, Alibaba Group announced the formal establishment of a local life service company, and the merger of Hungry me and Koubei Association formed a leading domestic local life service platform. Alibaba Group partner Wang Lei (also known as Kunyang) will serve as president of Ali Local Life Service company, reporting to Alibaba Group CEO Zhang Yong, and also serving as CEO of Ele. me; Alibaba Group Vice President Fan Chi (alias Cheng Bite Jin) will continue to lead the word-of-mouth business, reporting to Wang Lei. [81]
In October, after the Security Technical Committee of the International Organization for Standardization (ISO/IEC JTC1 SC27) officially adopted the international standard project "Big Data Security and Privacy Process" led by Alibaba, the project was successfully promoted to the working group draft stage at the recently concluded ISO/IEC JTC1 SC27 conference in Norway. This is the first data security standard led by Chinese enterprises in the international authoritative organization ISO approved the project (project number ISO/IEC 27045), which means that China's data security technology and management experience is expected to become an international standard, providing a universal reference scheme for global data security management. [82]
On October 26th Alibaba announced that Shenzhen Investment Holding Company Limited Established a joint venture with Richemont Group's Luxury e-commerce company Yoox Net-A-Porter (referred to as "YNAP"), which is also located in the Luxury Pavilion platform of Tmall. [83]
In 2019:
On Jan. 8, Alibaba acquired Berlin-based data Artisans to develop data-processing technology. [84]
On January 11, Alibaba launched the Ali Business Operating System, which will help the global retail industry restructure the 11 major elements of business operations (brand, merchandise, sales, marketing, channel, manufacturing, service, finance, logistics supply chain, organization, information technology). [85]
On February 19, Alibaba Group revealed that it had completed its investment in China International Capital Corporation Limited (0398.HK, "CICC"), holding about 203 million CICC Hong Kong shares, accounting for 11.74% of its Hong Kong shares and 4.84% of the total issued shares. [86]
In March, NBA China and Alibaba jointly announced that the two sides will upgrade their strategic partnership to fully cooperate in NBA video content and program distribution, e-commerce and big data. [87]
On March 11, Alibaba invested 4.66 billion yuan in STO Express to expand its logistics territory.
On May 16, Alibaba sent Damo Yuan, Alibaba Cloud and Ant Financial to participate in the third World Intelligence Congress. [88]
On June 6, Alibaba Group submitted its annual report as a listed company. According to the annual report, Alibaba Group's revenue reached 376.844 billion yuan in the fiscal year 2019. In the annual report, Ali also announced the latest list of 38 partners.
In July, the 2019 Fortune Global 500 was released: Alibaba Group ranked 182nd. [89]
On September 6, Alibaba announced a strategic cooperation with NetEase. Alibaba Group wholly acquired Kaola, a cross-border e-commerce platform owned by NetEase, for $2 billion, and Alibaba participated in the $700 million round of financing of NetEase Cloud Music as a lead investor. [7]
On September 10, Jack Ma stepped down as Alibaba Group's executive chairman and Zhang Yong took over. [90]
On September 24, Alibaba Group announced that it had received a 33 percent stake in Ant Financial. [91]
On September 25, Alibaba and Capitaland Group (China) reached strategic cooperation. [92]
On September 29, Greenland and Alibaba reached a comprehensive strategic cooperation to create a new cooperation model of "technology + ecology + real estate". [93]
As of October, Alibaba Artificial intelligence applicant patent The number of applications was 3,079, ranking 7th in the world.
On October 10, Chongqing Municipal government signed a comprehensive deepening strategic cooperation agreement with Alibaba Group and Ant Financial Services Group. Help Chongqing realize digital and intelligent transformation. Financial market order. [94]
On October 11, Alibaba officially released the first batch of "positive partners" list. A total of 240 groups of individuals and groups became the first batch of positive energy partners, including 223 individual partners and 17 team partners. [95]
On October 17, Alibaba Group and Beijing Global Resort reached a strategic cooperation to jointly create a digital benchmark for the global theme park industry by promoting the digital operation of the park. [96]
In October, Alibaba made a strategic investment of 500 million yuan in Sanjia. On October 23, the 2019 Fortune Future 50 list was released, and Alibaba Group ranked 11th. [9] Ranked 5th on the "Belt and Road" Top 100 Chinese enterprises list. [10]
On October 25, 16 companies jointly launched the Sustainable Development Business Action Initiative, Alibaba is one of them. [97]
On November 1, Alibaba released its financial report for the second quarter of fiscal year 2020 as of September 30, 2019, which showed that Alibaba's revenue for the second fiscal year reached 119.02 billion yuan, and the mobile monthly active users in China's retail market reached 785 million, an increase of 30 million compared with June 2019. Annual active consumers grew by 19 million to 693 million. Group revenue rose 40% to 119.017 billion yuan. [98]
On November 2, he was selected for the sixth session Chinese Enterprise Globalization Forum "Top Ten Salute to the globalization of Chinese Enterprises". [99]
On November 6, Alibaba Group and Accor Group of France reached a strategic cooperation in Beijing. [100]
On November 8, Alibaba increased its shareholding in Cainiao by 23.3 billion yuan from 51% to 63% [101]
On Nov. 13, Alibaba received approval to sell shares in Hong Kong and begin a week-long roadshow to global investors, before trading begins on Nov. 25. [102-103] Alibaba Group officially launched its IPO plan in Hong Kong on Monday evening after filing a preliminary offering document on the website of the Hong Kong Stock Exchange. [104] The Hong Kong public offering will begin at 9 am on November 15 [105] . On November 26, Alibaba listed its shares in Hong Kong [4] .
On November 20, the Asian Development Bank and Alibaba Group joined hands to help revitalize China's rural areas [106] .
At 9:30 am on November 26, Alibaba Group (09988.HK) officially listed on the Hong Kong Stock Exchange at HK $187, becoming the first Chinese Internet company to be listed in both the US and Hong Kong stocks.
December 10th, Hangzhou 19th The Asian Games The Organizing committee announced that Alibaba has become the official partner of the 19th Asian Games in Hangzhou. [107]
On December 16th, Industrial and Commercial Bank of China Signed a comprehensive deepening of strategic cooperation with Alibaba and Ant Financial in Beijing to accelerate the construction of a new ecological cooperation and development of digital finance. [108]
In 2020:
On January 3, it was listed on the top 500 listed companies by market value in 2019, ranking first. [109]
On April 7, Ali restarted after 11 years. Spring thunder plan "Help small and medium-sized enterprises. [110]
On April 29, Ali bought into Yunda shares with a shareholding ratio of 2%, ranking the eighth largest shareholder. [111]
On May 6, Alibaba acquired 50% of AXA Tower in Singapore for S $1.68 billion. [112]
In August, E-House China announced that it signed a strategic cooperation framework agreement with Alibaba Group, and the two sides will carry out in-depth cooperation in the fields of online and offline real estate transactions, digital marketing and post-transaction related services, and promote the real estate service industry to be fully digitized and intelligent. According to the announcement issued by E-House Enterprise Holdings, the company signed a share subscription agreement with Alibaba Group, Ali will subscribe for a total amount of HK $828.1 million of e-House shares, after the increase in shareholding, Ali will hold about 8.32% of e-House shares. E-house and Ali signed the subscription agreement for transferable shares at the same time. [113]
On the evening of September 30, the announcement of Alibaba Group's annual shareholders' meeting showed that in accordance with a series of succession arrangements two years ago, Ma Yun will no longer serve as a director of Alibaba Group from September 30, 2020. [114]
On November 2, Alibaba announced the launch of the Central China Headquarters project in Wuhan, Hubei Province, which is located in Wuchang District, Wuhan City, located at the intersection of Xudong Street and Friendship Avenue, with an aboveground construction area of about 300,000 square meters. Alibaba and ecological enterprises will settle in, and new retail and other business forms will be gathered to create a smart industry cluster area integrating work, business, life and entrepreneurship. [115]
2022:
On May 20, 2022, the shares of Ali Health held indirectly by Alibaba Group Holding Limited through its subsidiaries increased from 7,664,602,068 shares to 7,713,318,533 shares, representing an increase from 56.7% to approximately 57.06% of the total issued share capital of Ali Health. [201]
On September 9, 2022, Alibaba Group Holding Co., LTD. 's patent for "Application method, device, equipment and readable storage medium for sound barrage" was authorized to generate and play sound barrage. [204-205]
On December 8, 2022, the first digital free trade zone jointly built by Alibaba eWTP (Electronic World Trade Platform) and Thailand officially began trial operation. [207]
In 2023:
In March 2023, Alibaba will be reorganized into six main business units that can raise capital and IPO when they are ready. Alibaba's U.S. stock rose more than 3% in the premarket. [211] On March 28, Zhang Yong, Chairman and CEO of Alibaba Group, issued a letter to all employees, announcing the launch of the "1+6+N" organizational change. Under Alibaba Group, it will set up six business groups and a number of business companies, including Ali Cloud Intelligence, Taobao Tmall business, local life, Cainiao, international digital business, and big entertainment. The business group and the business company set up boards of directors respectively, and implement the CEO responsibility system under the leadership of the board of directors of each business group and the business company. Alibaba Group fully implements the management of the holding company. [212]
In April 2023, Hangzhou Alibaba Network Technology Co., Ltd. underwent an industrial and commercial change, and its registered capital was reduced from 12.2 billion yuan to about 105 million yuan. The company's legal representative was Zhang Yong, and it was wholly owned by Taobao (China) Software Co., LTD. [213]
On April 6, 2023, Zhang Yong, Chairman and CEO of Alibaba Group, and Jean-Paul Agon, chairman of L 'Oreal Group, France, signed a strategic cooperation agreement to jointly create the industry's first "beauty digital circular economy model", focusing on new green and low-carbon standards, new products and new consumption concepts, and creating measurable and easy to achieve circular economy solutions. [214]
On May 11, 2023, as part of Alibaba's organizational changes, the group has eliminated the position of Chief Technology Officer (CTO). After adjustment, the core teams such as the business center and supply chain center in the original CTO line of Ali were incorporated into the domestic digital business plate of Tmall and Taobao, and most of the remaining teams were incorporated into the Love Orange technology. [215] On May 18, Alibaba Group's financial report showed that Ali Cloud Intelligence Group would be completely separated from Alibaba Group. More flexibility to go to market. [216] On May 18, Alibaba announced that the Board of Directors established a new capital management committee. [217]
In July 2023, Alibaba officially announced that Ant Group's share buyback proposal of no more than 7.6% had been approved by the shareholders' meeting, and said that the company had decided not to sell its shares. [223]
On August 10, 2023, Alibaba (9988.HK) released the financial report for the first quarter of the fiscal year 2023 (as of June 30), the financial report showed that Ali's revenue in the quarter was 234.16 billion yuan, an increase of 14% over the same period last year, and it was estimated to be 223.75 billion yuan; Net profit was 33 billion yuan, up 63% year on year; Non-GAAP net income was RMB44.922 billion, an increase of 48%. Adjusted income per ADS was RMB17.37, compared with RMB11.73 in the same period last year. [226-227]
On September 18, 2023, Alibaba Group Holding Co., Ltd. announced plans to invest $2 billion (about 14.592 billion yuan) in Turkey through its Turkish e-commerce platform Trendyol. [231]
On September 26, 2023, Alibaba announced in the Hong Kong Stock Exchange that the company intends to spin off Cainiao through the independent listing of Cainiao shares on the Main Board of the Hong Kong Stock Exchange. Upon completion of the proposed spin-off, Alibaba will continue to hold more than 50% of Cainiao's shares and, as such, Cainiao will remain a subsidiary of the Company. [230]
On November 6, 2023, the global network security patent ranking was released, and the number of patents of Alibaba Group was 3,122. [232]
On November 1, 2023, Alibaba announced that the revenue of 224.79 billion yuan in the second quarter was estimated at 224.1 billion yuan; Adjusted EBITDA was 49.24 billion yuan, up 14% year-on-year. [233]
On November 16, 2023, Alibaba announced that as of September 30, Dingding's 17 product lines had been fully connected to the large model. [234]
On the evening of November 16, 2023, Alibaba announced the Q2 earnings report of the fiscal year 2023 as of the end of September, Q2 revenue was 224.79 billion yuan, an increase of 8.5% year on year, and the market estimated 224.1 billion yuan; Adjusted EBITDA of RMB49.24 billion, an increase of 14% compared to the market estimate of RMB47.1 billion; Adjusted income per ADS was RMB15.63, compared with RMB12.92 in the same period last year; Adjusted net profit was 40.19 billion yuan, up 19% year on year . At the same time, Ali said in its earnings report that it would no longer promote the Alibaba Cloud spin-off plan, and the Hema IPO was suspended . Cainiao Group has applied for IPO in Hong Kong and submitted A1 documents. In addition, the US Securities and Exchange Commission disclosure documents show that Ma Yun family trust plans to reduce its holding of 5 million shares. Then on the evening of the 16th, Alibaba's US shares plunged before the market, closing down 9.14% at $79.11 / share. [235]
In November 2023, Alibaba Group established an Infrastructure Committee, which will focus on coordinating the planning and construction of the underlying technology infrastructure across the Group. [236]
In December 2023, the Alibaba Beijing Headquarters Park project passed the completion acceptance. [237] In December, Ali Intelligent information business group self-developed quark large model has passed the record; [238] According to a U.S. Securities and Exchange Commission filing, Alibaba Group announced the sale of some of its shares in Xopeng Automobile, totaling 25 million shares. [239] On the evening of December 22, Alibaba Group released its interim report for the fiscal year 2024. [241]
In January 2024, Hong Kong Stock Exchange filings showed that Alibaba Group sold 838,400 Kuaigou Taxi shares on December 22, 2023 at an average price of HK $0.5045 each, reducing its shareholding to 8.89%. The transaction value is approximately HK $423,000. [243]
On January 9, 2024, a Hong Kong Stock Exchange filing showed that Alibaba Group sold 669,400 Kuaigou Taxi shares on January 4, 2024 at an average price of HK $0.5533 per share, reducing its shareholding from 8.04% to 7.93%. [244]
On January 17, 2024, Ali Health (00241.HK) announced that on November 28, 2023, the Company entered into a share purchase agreement with the seller (Taobao Holding Co., LTD., a direct wholly-owned subsidiary of Alibaba Holding), in which the Company agreed to purchase all of the Target Company Issue share capital. [247]
On January 24, 2024, Alibaba founder Jack Ma bought about $50 million of Alibaba shares in the fourth quarter of 2023, more than the 4.3 reported at the end of 2021 It replaced SoftBank to become Alibaba's largest The shareholders. [248]
In February 2024, Alibaba-SW reported revenue of RMB260.348 billion (US $36.669 billion) for the quarter ended December 31, 2023, an increase of 5% over the same period last year. [249] Market expectations 261.247 billion yuan; Adjusted net profit was 47.951 billion yuan, down 4% year-on-year. In the earnings report, Ali announced that the board of directors has approved an increase of $25 billion in the share repurchase program, which means that the total buyback size has increased to $65 billion [250] .
On May 10, 2024, the new campus of Alibaba's Hangzhou Global Headquarters in Hangzhou Future Science and Technology City was officially opened. On the same day, the Alibaba Chaoyang Science Park in Beijing was officially opened. [251-252]
On May 14, 2024, SoftBank Group announced that it had sold almost all of its shares in Alibaba Group. [254]
On May 14, 2024, Alibaba Group announced its fiscal year 2024 Q4 and full-year results. According to the financial report, Alibaba Group Q4 revenue of 221.874 billion yuan, an increase of 7%. In the fiscal year 2024, Alibaba Group's revenue reached 941.168 billion yuan, and adjusted EBITA profit increased by 12% year-on-year to 165.028 billion yuan. [255]
On May 23, 2024, Alibaba considered issuing $5 billion in convertible bonds. [257]

Corporate business

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EDITOR

Business segment

Alibaba's e-commerce services, Ant Financial services, Cainiao logistics services, big data Cloud computing Services, advertising services, cross-border trade services, Internet services other than the first six e-commerce services. [116]

Organizational structure

On July 23, 2012, Alibaba Group adjusted its business structure and organization from the subsidiary system to the business group system, and set up seven business groups: Taobao, Etao, Tmall, Juhuasuan, Ali International Business, Ali Small Business and Ali Cloud. [34]
On January 10, 2013, Alibaba Group will adjust its business structure and organization and set up 25 business divisions, the business development of which will be responsible for the president (general manager) of each business division. The new system consists of a strategic decision-making committee (headed by the Board of directors) and a strategic Management Executive Committee (headed by the CEO).
(Above reference: List status as of January 10, 2013)
List of 25 division heads
name
Responsible department
Jiang Peng
Sharing Business Division, Merchant business Division, Ali Mom Business division (display advertising, P4P, Taoke Alliance), Etao and Search business division
Zhang Yong
Tmall Business Division, Logistics Business Division (Skynet), Good Infinity Business Division, Air Travel Business Division
Zhang Yu
Operations Division, Digital Business Division, Integrated Business Division, Consumer Portal Division, Interactive Business Division
Wu Yongming
Wireless Division, Want Want and Client Division, Music Division
Zhang Jianfeng
Juhuasuan Business Division, local life business division
Lu Zhaoxi
Data Platform Division, Information Platform Division, Cloud OS Division
Wang Jian
Alibaba Cloud Business Division
Ye Peng
B2B China Business Unit (CBU)
Wu Minzhi
B2B International Division, B2C International Division
Bashir
Global intellectual property protection and the fight against fakes
In 2015:
On March 6, Alibaba announced that its Taobao, Tmall Juhuasuan carried out unified planning and management, and integrated into the "Alibaba China Retail Platform".
On April 2, Alibaba Group established the Intelligent Life Division, integrating the three business units of Tmall Appliance City, Ali Intelligent Cloud and Taobao crowdfunding.
On April 8, Alibaba Group established the Ali Automotive Division to integrate its auto-related businesses.
On September 9, Alibaba Group announced the establishment of Ali Sports Group to innovate and develop the sports industry chain with the thinking of digital economy. The new Alibaba Sports Group will be controlled by Alibaba Group, and jointly funded by Sina and Yunfeng Fund. [117]
In December, Alibaba Group announced the appointment of Matthew Bassiur as group Vice president, responsible for global intellectual property protection and the fight against counterfeit goods.
In 2016:
On December 2, Alibaba Group announced that the Tmall team and the Juhuasuan team will be fully integrated, and Tmall will set up three business groups, marketing platform business units and operations centers, changing into a new structure of "three columns and two horizontal" network coordination system plus several independent business units.
In 2017:
On January 13, Alibaba Group announced a number of organizational restructuring, the cloud OS division into the Alibaba Cloud business group and other personnel changes. [118]
In 2018:
On November 26, Alibaba Group announced that the Alibaba Cloud business group would be upgraded to the Alibaba Cloud Intelligent business group and the new retail technology business group would be established, and Tmall would be upgraded to the "Big Tmall", forming the Tmall business group, the Tmall supermarket business group, and the Tmall Import and Export Business Department. Cainiao network will adjust its formation accordingly and set up a supermarket logistics team and a Tmall import and export logistics team. [119]
In 2019:
On June 18, Alibaba Group announced the restructuring of the innovation business group, Hema was upgraded to an independent business group, and Dingding entered the cloud intelligence business group. [120]
On July 12, Alibaba Group announced the completion of a new round of organizational structure adjustment in 2019. It mainly involves HR line. The products and businesses involved include Xianyu, Taobao live streaming and content ecology, Alipay Mutual treasure, etc. [121]

Main business

Taobao
Founded in 2003, Taobao is a business-oriented social platform that provides consumers with both a sense of participation and a personalized shopping experience through big data analysis. On Taobao.com, consumers can obtain highly relevant and engaging content and real-time updates from merchants to stay informed about products and trends and interact with other consumers or favorite merchants and brands. The merchants on the platform are mainly self-employed and small businesses.
Founded in 2008, Tmall is committed to providing consumers with a high-quality shopping experience when shopping for branded products. Several international and local Chinese brands and retailers have set up shop on Tmall.
Founded in 2010, AliExpress is a retail platform for consumers around the world, with major buyer markets including Russia, the United States, Brazil, Spain, France and the United Kingdom. Consumers around the world can buy products directly from Chinese manufacturers and distributors through AliExpress.
Alibaba International Marketplace
Related pictures
Alibaba.com, the first business of Alibaba Group, is the leading global wholesale trading platform. Buyers on Alibaba's international marketplace come from more than 200 countries and regions around the world, and are generally trade agents, wholesalers, retailers, manufacturers and small and medium-sized enterprises engaged in import and export business. Alibaba International Marketplace also provides import and export supply chain services such as customs clearance, tax refund, trade finance and logistics to its members and other smes.
1688
Founded in 1999, 1688 (formerly known as "Alibaba China Marketplace") is a leading online wholesale platform in China covering buyers and sellers of general goods, clothing, electronics, raw materials, industrial components, agricultural products and chemical products across a wide range of industries. 1688 provides a channel for merchants operating on Alibaba Group's retail platforms to source products from local wholesalers.
Founded in 2007, Alibaba Mom is an online marketing technology platform that allows merchants and brands to deliver various advertising information on Alibaba Group's e-commerce platforms and third-party platforms. Through its affiliate marketing program, Alibaba Mom allows merchants to place advertisements on third-party websites and mobile apps, so that marketing and promotion effects can reach platforms and users outside of Alibaba Group's e-commerce platforms.
Aliyun
Aliyun Alibaba Cloud was founded in 2009 as the cloud computing business of Alibaba Group. According to Gartner and IDC, Alibaba Cloud is one of the world's top three infrastructure-as-a-service (IaaS) providers and the largest public cloud service provider in China. Aliyun provides a full suite of cloud computing services to merchants on Alibaba Group's e-commerce platforms as well as global users such as startups, enterprises and government agencies.
Cainiao, a business of Alibaba Group, is dedicated to meeting the current and future logistics needs of China's online and mobile commerce industry. The logistics data platform operated by Cainiao uses the capacity and capabilities of logistics partners to realize transactions between merchants and consumers on a large scale. In addition, Cainiao uses data insights and technology to improve efficiency across the logistics value chain.
Ant Financial Services Group focuses on serving small and micro enterprises and ordinary consumers. Ant Financial Services Group is building an open ecosystem to work with financial institutions to support the future of society's finance. Ant Financial Services Group's businesses include Alipay, Ant Jubao, Sesame Credit and MyBank.
(Above references: [3] )

Business model

Alibaba
Alibaba has formed a complete business ecosystem through its own e-commerce platform and ports such as UC, Amap, and corporate Weibo, centering on the core business of e-commerce and the financial business supporting the e-commerce system, as well as supporting local life services, health care, etc., including games, videos, music and other pan-entertainment business and intelligent terminal business. The core of this business ecosystem is data and traffic sharing, the foundation is marketing services and cloud services, and the integration of effective data is Alipay. [122]

Company size

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EDITOR

Corporate performance

Alibaba Group Financial Results (billion Yuan)
year
The first quarter
Second quarter
The third quarter
Fourth quarter
Total revenue
Net earnings
Total revenue
Net earnings
Total revenue
Net earnings
Total revenue
Net earnings
2019
934.98
258.3
1149.24
212.52
1190.17
725.40
1614.56
523.09
The year 2018
619.32
66.41
809.20
76.50
851.48
182.41
1172.78
330.52
The year 2017
385.79
98.52
501.84
140.3
551.22
174.0
830.28
233.3
The year 2016
241.84
53.14
321.54
71.42
342.92
70.75
532.48
171.5
The year 2015
174.25
28.69
202.45
308.16
221.71
227.03
345.43
124.56
The year 2014
Available on September 19
168.29
30.30
261.79
59.83
year
quarter
Annual active buyer
Mobile monthly active users
2019
Fourth quarter
711 million
824 million
The third quarter
693 million
785 million
Second quarter
674 million
755 million
The first quarter
654 million
721 million
The year 2018
Fourth quarter
636 million
699 million
The third quarter
601 million
666 million
Second quarter
576 million
634 million
The first quarter
552 million
617 million
The year 2017
Fourth quarter
515 million
580 million
The third quarter
488 million
549 million
Second quarter
466 million
529 million
The first quarter
454 million
507 million
The year 2016
Fourth quarter
443 million
493 million
The third quarter
439 million
450 million
Second quarter
434 million
427 million
The first quarter
423 million
410 million
The year 2015
Fourth quarter
407 million
393 million
The third quarter
386 million
346 million
Second quarter
367 million
307 million
The first quarter
350 million
289 million
The year 2014
Fourth quarter
334 million
265 million
The third quarter
307 million
217 million
It was listed on the New York Stock Exchange on September 19, 2014
Note: The quarters mentioned above are not Alibaba's fiscal year
(Above references: [123-135] Unit: RMB 100 million )

Tmall Double 11

time
Volume of business
November 11, 2009
52 million
November 11, 2010
936 million
November 11, 2011
5.3 billion
November 11, 2012
19.1 billion
November 11, 2013
36.2 billion
November 11, 2014
57.1 billion
November 11, 2015
91.2 billion
November 11, 2016
120.7 billion
November 11, 2017
168.2 billion
November 11, 2018
213.5 billion
November 11, 2019
268.4 billion
(Above references: [136-138] Unit: RMB 100 million Note: November 11, 2009 was the first time

Branch office

Offices of Alibaba Group and its affiliates
General term
Locations
address
Alibaba Group
Group enterprise park
Yuhang District, Hangzhou City, Zhejiang Province, China
No. 969 West Wenyi Road (311121)
Hangzhou Binjiang Park
Binjiang District, Hangzhou City, Zhejiang Province, China
No. 699 Wangshang Road (310052)
1 Matheson Street, Causeway Bay, Hong Kong
26th floor, Tower 1, Times Square
Songshan District, Taipei, Taiwan
11F, No. 188, Section 5, Nanjing East Road (10571)
America
400 South El Camino Real
Suite 400
San Mateo, CA 94402
United States
Britain
5 Southampton Street
London WC2E 7HA
United Kingdom
Italy
Corso Europa, 13
20122 Milan
Italy
France
124 rue de Réaumur
75002 Paris
France
Germany
1st Floor, Viktualienmarkt 8
80331 Munich
Germany
Netherlands
Herengracht 450
Amsterdam, 1017 CA
The Netherlands
Japan
〒104−0031
Chuo ward, Tokyo
Keihashi 2−2−1
Keihashi エドグラン27F
India
Unit No. 101A,
1Floor, Platina Building,
Plot No. C-59, G Block,
Bandra Kurla Complex,
Bandra East,
Mumbai 400051, India
Level 2, 411 Collins Street,
Melbourne, Victoria,
Australia
Ant Financial Services Group
Xihu District, Hangzhou City, Zhejiang Province, China
556 West Creek Road
Ant Z space
(Above references: [139] )

Global headquarters

In May 2024, Alibaba Hangzhou Global Headquarters was officially opened, from a bird's eye view, the center of the park is Alibaba's iconic smiley Logo, surrounded by 89 planting quilt and a central lake, which together form the "Ali Smiling Garden" landscape. The central lake not only provides a habitat for aquatic plants and animals, it is also a key element of the "sponge city" concept, and has become a recommended location for Alibaba employees to take wedding photos there. The new campus also has an approximately 800-meter-long circular passageway called the Ali Ring, which connects seven buildings and makes moving around the campus extremely convenient.
In addition, the new park adopts the Internet of Things and artificial intelligence technology to create a comprehensive smart office system including smart office, smart conference, and smart restaurant, which greatly facilitates the work and life of employees. For sports lovers, the park features a football pitch that meets FIFA standards and a 400-meter track certified by the Chinese Athletics Association. The sports center also includes facilities such as basketball courts, badminton courts, gym and table tennis tables. [253]
Alibaba's global headquarters in Hangzhou

Company management

broadcast
EDITOR

General meeting of shareholders

Major shareholders: Yahoo , Jack Ma , Joseph Tsai , Lu Zhaoxi Senior Executive Officer (as of May 2024) [140] [254]

Board of directors

name
job
Chairman of the board [219] [229]
CEO [229]
Director and President
Tung Chee-hwa
Börje E. Ekholm
Wan Ling Martello

management

He became Chairman of the Board of Alibaba Group in September 2019 and has served as the Group's Chief Executive Officer since May 2015. He has served as a member of the Board of Directors since September 2014. He is also a member of the Investment Committee of Ant Financial.
He served as Chief Operating Officer of Alibaba Group from September 2013 to May 2015. He served as Taobao's Chief Financial Officer from August 2007 to June 2011. From August 2008 to June 2011, Zhang Yong served as the general manager of Tmall. After Tmall became an independent platform in June 2011, Zhang Yong became the president of Tmall.
Zhang Yong
He joined Alibaba Group in 1999 as one of the founders of the company, has been a member of the Board of Directors since the company's inception, and served as Chief Financial Officer until 2013. Mr. Tsai serves as Executive Vice Chairman of the Board of Alibaba Group, a member of the Investment Committee of Alibaba Group and Ant Financial, and one of the founding partners of the Alibaba Partnership System.
Joseph Tsai
Mike Evans (Michael Evans)
In August 2015, he became the President of Alibaba Group, responsible for formulating and implementing the Group's international development strategy and helping the company to go global. He is also a member of the Board of Directors of Alibaba Group and served as an independent director after the company went public in September 2014.
MichaelEvans
Bue
He has served as the Chief Financial Officer of Alibaba Group since May 2013 and the Head of the Group's Strategic Investment Department since June 2019. He joined Alibaba.com in July 2007.
Bue
He became Chief Talent Officer of Alibaba Group in January 2017. Since joining Alibaba Group in 2000, Tong has served as Director and Senior Director in various departments including administration, customer service and human resources. From 2007 to 2013, she served as Vice President and Senior Vice President in various departments, including Engineering and Construction, Real Estate and Purchasing.
Since 2013, Wenhong Tong has led the establishment of Cainiao Network and successively served as Chief Operating Officer, President, Chief executive officer and non-executive chairman to manage the operation of Cainiao Network.
Tong Wenhong
He has served as Chief Technology Officer of Alibaba Group since April 2016 and President of Alibaba Cloud Intelligence Business Group since November 2018.
From May 2015 to April 2016 he served as President of the China Retail Group and prior to that as President of the Taobao and Wireless divisions. He joined the company in July 2004 and has held various management positions.
Zhang Jianfeng
He joined Alibaba Group in 1999 as one of the founders of the company. She has served as Chief Customer Service Officer since June 2014. From 2009 to 2014, prior to her current role, she served as Senior Vice President of Human Resources at Taobao and Alibaba, and as Deputy Chief Talent Officer and Chief Talent Officer at Alibaba Group. In January 2017, he became the Business President of the B2B business Group.
Kardashian
(TIMOTHY A. STEINERT)
He has served as Chief Legal Officer and Company Secretary of Alibaba Group since July 2007. Prior to joining Alibaba Group, Mr. Shi was a partner in Freshfields' Hong Kong office. He was an attorney in the Hong Kong and New York offices of Davie and in the Beijing and New York offices of Gauter Brothers from 1994 to 1999 and 1989 to 1994, respectively.
Shi Yide
He joined Alibaba Group as Chief Marketing Officer in January 2016. He was the Chief Executive Officer of VML China, a marketing company, from October 2010 to January 2016. Director of VML China.
Dong Benhong
President of Alibaba Group Wholesale Markets, responsible for the Group's Alibaba International Marketplace, which promotes international wholesale transactions, and the 1688 platform, which promotes China's domestic wholesale markets. He joined Alibaba Group in November 2000. In January 2017, he became the Chief Customer Service Officer of Alibaba Group.
Wu Minzhi
Junfang Zheng has been the Chief Platform Governance Officer and Chief Risk Officer of Alibaba Group since December 2015, responsible for the governance of the Group's retail and wholesale markets.
Zheng Junfang
(Above references: [141-144] As of September 2019.

Partner

Ali Partners The system is different from the partnership system in the traditional partnership enterprise law, and it is not equivalent to the dual share structure. In a "partnership" system, partners nominate a majority of board members, rather than allocating board seats based on the size of their shares.
List of Ali Partners (38 people)
Serial number
name
job
Flower name
1
Executive Chairman of Alibaba Group, founder of Alibaba, one of the 18 Arhats for entrepreneurship
The wind is clear.
2
Alibaba Group Executive Vice Chairman of the Board of Directors, one of the 18 Arhats
3
Director and Chief Executive Officer (CEO) of Alibaba Group, one of the 18 Arhats of entrepreneurship
Free boy
4
Bue
Chief Financial Officer of Alibaba Group
5
Chairman, Technical Committee, Alibaba Group
6
Former chairman of Ant Financial, one of the 18 Arhats of entrepreneurship
Lin Daiyu
7
Senior Vice President of Alibaba Group and Secretary General of Alibaba Poverty Alleviation Fund
Guo Jing
8
Alibaba Group B2B business group president, Ali venture one of the 18 Arhats
Su Quan
9
Chief Legal Counsel and Company Secretary of Alibaba Group
10
Former president of Alibaba Group and one of the eighteen Arhats of Ali Venture
11
Alibaba Group senior vice president, Ali venture one of the 18 Arhats
12
Alibaba's deputy chief product officer
13
President of Autonavi Group
14
Chief Talent officer of Alibaba Group and chairman of Cainiao Network
15
Chairman of Alibaba Marketing Public Relations Committee
16
Vice President of Alibaba Group and Head of Legal affairs of Alibaba China
17
Chief Technology Officer, Alibaba Group
psychosis
18
Vice President, Alibaba Group
Yu Yan
19
Chief customer service officer, Alibaba
20
One of the core employees of Alipay
Lu Su
21
Alibaba Pictures CEO
Mu Huali
22
Vice President of Ali Small and Micro Financial Services Group
Aeropet
23
President of Alibaba Cloud
Sun Quan
24
Chairman and CEO of Ant Financial
Wang Anshi
25
From Ali Cloud technical team
Dollon
26
From the small micro financial services Group technical team
Miao Renfeng
27
From the Human Resources and organizational Culture team
28
Former chairman of Alibaba Entertainment Group
29
Chief Platform Governance Officer and Chief Risk Officer, Alibaba Group
30
Leader of Alibaba's global leadership Group and Vice president of Ant Financial Services Group
31
Vice President, Alibaba Group
32
Researcher of Ant Financial platform data business group
33
Researcher of Product Technology Department, Tmall Division
34
Researcher, Office of the Board of Directors, Alibaba Group
35
Researcher, Office of the Board of Directors, Alibaba Group
36
President of Taobao Tmall
37
Alibaba Researcher
38
Vice President, Alibaba Group
honor
Former Vice chairman of Alibaba Group
Temujin
honor
One of the founders of Taobao
Mitoyo
Note: The above list is up to 31 March 2019. [145-146]
In June 2014, Ali announced the list of partners for the first time, a total of 27 people, in September 2014 increased to 30 people; In December 2015, the number of Yu Yongfu, Zheng Junfang, Zhao Ying and Sun Lijun was increased to 34. In August 2016, Lu Zhaoxi and Jiang Peng announced their retirement and became honorary partners. [147] In March 2019, Zeng Ming withdrew and added Jiang Fan, Jiang Jiangwei and Song Jie. [146] [210]

Corporate culture

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EDITOR

Brand identification

Brand identification
Alibaba founder Jack Ma feels that people around the world also know about" Alibaba And most languages have a similar pronunciation, hence the company's name Alibaba. E-commerce is a global business, so the platform also needs a name that people around the world are familiar with. Alibaba means" Open Sesame "The platform opens the door to wealth for small businesses. [148]

Mission

Let there be no difficult business in the world

vision

Designed to build the business infrastructure of the future. The vision is for customers to meet, work and live in Alibaba and continue to grow for at least 102 years.
  • Meet in Alibaba Enable daily business and social interactions between hundreds of millions of users, between consumers and merchants, and between businesses.
  • Working at Alibaba Provide customers with business infrastructure and new technologies that allow them to build businesses, create value, and share benefits with participants in the digital economy.
  • Living in Alibaba We are committed to expanding our products and services to make Alibaba an important part of our customers' daily lives. As our business continues to expand beyond commerce into many other areas such as cloud computing, digital media and entertainment, Alibaba has evolved into a unique, dynamic and innovative digital economy. By 2036, the company aims to serve 2 billion consumers worldwide, help 10 million small and medium-sized enterprises make profits and create 100 million jobs.
  • "Live 102 years" Alibaba Group was founded in 1999, sustained development of at least 102 years means that it will span three centuries, and achieve achievements that few enterprises can achieve. Corporate culture, business models, and systems are built to stand the test of time and allow for long-term sustainability. [149-150]

value

Customers first, employees second, shareholders third
Because of trust, so simple
The only constant is change
The best performance today is the lowest requirement tomorrow
Right now, it's me
Live seriously, work happily [151]

Company honor

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EDITOR
A given year
Awards, Rankings
source
2023
2023 Fortune Global 500 list No. 68
Fortune [225]
No. 21 on the Fortune China 500 list in 2023
Fortune [224]
2023 "Fortune" China's top 500 listed companies list No. 10
Fortune [221]
2023 Hurun China Top 30 Industrial Internet
Hurun Research Institute [220]
2023 Forbes Global 2000 list, ranked 54th
Fobs ' [218]
No. 3 in the Hurun China Top 500 in 2022 [209]
Hurun Research Institute
2022
In 2022, won the best paper of Data Science Summit KDD
KDD [228]
No. 48 in the Hurun World Top 500 by 2022 [208]
Hurun World Top 500 by 2022
Ranked 55th on the Fortune Global 500 list in 2022. [203]
Fortune
Ranked 11th on the Fortune China 500 List in 2022 [202]
Fortune
The year 2021
2021 China Top 500 net profit top ten companies ranked 6th [197]
China Enterprise Confederation, China Entrepreneur Association
2021 China Top 500 Enterprises [199]
China Enterprise Confederation, China Entrepreneur Association
No. 1 on the list of "Top 100 Enterprises in Zhejiang Province 2021" [200]
Zhejiang Enterprise federation Zhejiang Entrepreneurs Association, Zhejiang Industrial Economy Federation
The year 2020
No. 132 on the Fortune Global 500 List in 2020 [152]
Fortune
No. 3 on the Top 500 list of China Brand Festival Annual Meeting 2020 [153]
Brand alliance
# 1 on the list of the Most valuable Enterprises in the field of CCID Digital Economy in 2020 [154]
Ccid Research Institute
No. 18 on Fortune China List in 2020 [155]
Fortune
The 2019 Hurun Top 500 Private enterprises in China, valued at 3,810 billion yuan [156]
Hurun Research Institute
No. 31 on the 2020 Forbes Global 2000 list [157-158]
Forbes
Ranked 93rd on the World's 500 Most Valuable Brands in 2020 [159]
Brand Finance
No. 5 of China's Top 500 Brands in 2020
China Asian Economic Development Association brand management committee
No. 1 in "2020 Hurun China Top 10 E-commerce" [160]
2019
2019 Annual Report Top 500 global brands "# 75
World Brand Lab [161]
In the iDASH Safe Computing event, it won the joint first place in the "Safe Multi-party Computing" course. [162]
2019 China Brand Power Ceremony Top 10 model brands of the year [163]
No. 6 on the list of Top 100 enterprises in three provinces and one city of Yangtze River Delta in 2019, the operating income in 2018 was 376.844 million yuan. [164]
Yangtze River Delta three provinces and one city enterprise federation
The sixth "Zhejiang Charity Award" Outstanding Contribution to charity
Ranked 7th on the 2019 Hurun Global Top 100 Unicorn Active Investors List
Hurun Research Institute
Ranked 5th in the Top 100 Intellectual Property Competitiveness of Chinese AI Enterprises 2019
Hurun Research Institute
# 11 on Fortune's 2019 Future 50 list
Fortune [9]
The most admired Chinese companies of 2019
Fortune [166]
Ranked No. 10 on the 2019 Forbes Global Digital Economy 100 list [8]
Forbes
China's Top 50 Big Data Companies in 2019 [167]
Ranked 24th on the list of China's Top 500 Service Companies in 2019. [6]
China Enterprise Confederation, China Entrepreneur Association
China Enterprise Confederation, China Entrepreneur Association [168]
"Companies that change the World" ranked 37th
Fortune [169]
Internet Society of China, Ministry of Industry and Information Technology [170]
Top 50 best Boards in China
Fortune [171]
Listed on the 50 most profitable companies of the 2019 Fortune 500
Fortune [172]
Top 30 listed Internet companies in the world
Ranked 24th in the Fortune China 500 in 2019
Fortune Chinese [174]
2019 BrandZ Top 100 Most Valuable Global Brands
MillwardBrown, the authoritative research agency of WPP Group [175]
The year 2018
The 85th of the World's top 500 Brands in 2018
World Brand Lab [176]
The Brandz Global Retail Brand Value Report ranked the top 20 fastest-growing brands at number two
BrandZ [177]
Ranked 9th in the BrandZ Top 100 Most Valuable Brands 2018
BrandZ [178]
Second place in the 2018 China Top 100 Brand Value list
China Council for the Promotion of International Trade China Brand Building Promotion Association [179]
In the 2018 "China's 500 Most Valuable Brands" analysis report, Alibaba (2705.592 billion yuan) ranked 10th
World Brand Lab [180]
# 5 on the list of companies that "changed the World" in 2018
Fortune Magazine [181]
The year 2017
WPP, Kantar Millward Brown [182]
The year 2016
In 2015, the international communication power of Chinese enterprises ranked second
Communication University of China National Audio Media Center
The year 2015
ENCORE Awards
Stanford Graduate School of Business Alumni Association
Retailer of the Year
World Retail Congress Organization
2014 Outstanding Enterprise Award
Sina.com [183]
The 12th China Charity List
China sports marketing Golden five ring Award has the most communication power award
The world's 50 most innovative companies
" Fast company "Magazine [185]
The year 2014
The group Award of the eleventh Fengyun Zhejiang businessmen
Xinhuanet
Best Business Platform of the Year 2014
China Randstad Award for Best Employer in Domestic Enterprise Group
Randstad With third party research firms ICMA clique [187]
The year 2013
Innovation Award of the 4th China Poverty Eradication Award
The year 2010
National quality Project Silver Award
National Engineering Construction Quality Award validation committee
The year 2008
2008 Most Competitive Enterprise Award
China Business News And China Economist [188]
The year 2007
The second China Academy of Management Award
Wharton Award for Innovation in Business
University of Pennsylvania Wharton School And global software and information technology consulting firm Infosys [189]
Brand China China Spectrum Award
The year 2005
IT Fengyun List E-commerce Award

Disputed matter

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EDITOR
In 2015:
On November 3, Jingdong announced to the SAIC real-name report that Ali disrupted the order of the e-commerce market. Jd.com said Alibaba's message to merchants was: if you participate in the Tmall "Double 11" main venue, you will not be allowed to participate in other platforms "Double 11" main venue. These acts hinder normal market competition and seriously harm the interests of consumers.
For JD.com's accusation that Tmall has two choices, Tmall officials have refuted, saying that Tmall has not carried out two choices.
On November 4, Fang Ya, spokesperson for the Tmall Double 11 Preparatory Committee, said that it will continue to expand its leading advantages in price, express speed, after-sales service, and continue to exceed its own and customer expectations in terms of product quality. The market needs the spirit of entertainment, but it can not only stay in the spirit of entertainment; The market inevitably has speculation, but can not always stay on the hype, but can not touch porcelain and fried tea as a career. The market does not believe in tears, the market needs open and fair competition in the sun, and enterprises need to face the reality of responsibility and courage. Respect real-name reporting, but today it is the chicken real-name reporting of the duck, saying that the duck monopolizes the lake.
On November 5, JD.com said that the State Administration for Industry and Commerce had accepted the report, but the State Administration for Industry and Commerce officially did not make a clear statement on the matter. [191] On the same day, Zhang MAO, director of the State Administration for Industry and Commerce, visited Alibaba Group for research. Zhang MAO in the survey requirements, "Double 11" approaching, e-commerce platform enterprises as the first responsible person to build an honest and law-abiding network trading environment, shall not restrict e-commerce operators to participate in fair competition, not malicious marketing means to participate in competition. Zhang also asked e-commerce platforms to regulate the business behavior of merchants, review the qualifications of operators within the platform, and check and monitor the information on goods and services released by operators. [191]
On November 25, Alibaba Group filed a lawsuit with Shanghai Qingpu District People's Court and Shanghai Baoshan District People's Court respectively, suing Jinwan Newspaper and Fujian Yihong Baihao Tea Co., Ltd. for their behavior of publishing false content in new media, demanding the other party to stop the infringement, apologize, and claim 10 million yuan each. The court filed both cases.
In mid-November, the wechat public number "Fuding Tea farmers May" and the Weibo account "Fuding Tea farmers - May" owned by Fujian Yihong Baihao Tea Co., Ltd. issued a document "One day received 91.2 billion, see how Ma Yun coughed up 57.4 billion". Tonight, the newspaper's wechat public number "Jinwan Evening" issued a document "Double 11 Secrets: All those big names you worked so hard to grab, and they were changed into fakes." Alibaba said that in order to attract attention, the first article fabricated the false facts of Double 11 returns of 57.4 billion yuan with unfounded exaggerated titles, and slandered company executives and Taobao, and the second article also deliberately slandered and maliciously insinuated the e-commerce platform without any factual basis. The two articles, which disparaged Alibaba's goodwill, were republished by several websites and circulated widely on wechat and Weibo, causing great damage to the company's reputation.
In addition, the wechat public account of Shanghai Xiduofang Wedding Etiquette Service Co., Ltd. "City singles Exchange Group" and the website of Shanghai Fuyou Investment Management Co., Ltd. "Rongdaitong Network" improperly reproduced the above two articles without verification, which is also suspected of infringing on Alibaba's rights and interests. Alibaba has also taken both to court, demanding that they bear joint liability.
In 2016:
On Dec. 21, the Office of the United States Trade Representative put Alibaba back on its annual list of "notorious markets," just four years after the company was removed from the list. Alibaba Group President Michael Evans said in a statement, "We deeply regret the USTR's decision. They ignore the real work Alibaba has done to fight counterfeits."
In 2017:
In June 2017, Alibaba's Cainiao blocked SF Express in the name of broken cooperation, Taobao "bundled" cloud services in the name of data security, and later banned other software from providing data analysis functions to merchants on the same grounds of data security. [206]
In 2020:
On June 17, it was revealed Alibaba A P8 employee who had been on the job for three months advertised on the recruitment software for a personal assistant with a monthly salary of 16,000 yuan, promising to provide a formal salary for the applicant to apply for a regular job at Alibaba. The news sparked heated discussion online. After the investigation of the company's integrity department, it was confirmed that the chat records transmitted online were true. The aforementioned P8 employee, as an employee of Alibaba, published false recruitment information on the website, deceived and harassed job seekers, and used the company's position as bait to try to achieve private improper purposes. According to the management regulations of the company, he was dismissed. [192]
March 15 will be exposed
On March 15, 2016, CCTV 315 Gala was exposed Taobao Fraudulent consumer practices.
After the March 15 gala was exposed, Alibaba quickly responded:
1. Thank CCTV for exposing the gray and black industry of Internet brushing, so that more people can understand and resist this cancer.
2, although Taobao has been in a high-pressure situation to combat brush orders, the technology continues to upgrade, but brush hands through QQ group, QT voice group, wechat group, empty network, YY voice chat room, black express to complete the hidden and huge brush orders industry chain, the use of the platform without enforcement of the helpless, like a fat leech tightly attached to the e-commerce platform and the network world.
3. We call on and strongly hope that the relevant law enforcement and judicial departments of the state will severely crack down on practitioners in the gray and black industry in the above links, form judicial precedents and effective efforts to crack down and deter, and purify the social integrity environment.
4, we also hope to provide a variety of brush behavior and organizations to provide a single hotbed and base platform enterprises, act together, work together, fight together, let the grey and black forces lose the shelter of the platform, and jointly purify our network and life.
On November 13, 2017, Yu Yongfu, chairman and CEO of Ali Entertainment Group, responded to his resignation and entrepreneurship, saying, "Are there not many people called Yu Yongfu? Saw a news of Yu Yongfu. See, or the same sentence: Yongfu Yongfu, forever happy. I'm not leaving." [193]
Suspected monopoly was investigated
In December 2020, according to the report, the State Administration of Market Regulation launched an investigation into Alibaba Group Holding Co., LTD. 's suspected monopoly behavior such as "two choices one" according to law.
On April 10, 2021, the State Administration of Market Regulation made an administrative penalty decision in accordance with the law, ordering Alibaba Group to stop illegal acts and imposing a fine of 4% of its 2019 sales in China of 455.712 billion yuan, totaling 18.228 billion yuan.
2023
On December 29, 2023, the Beijing Municipal Higher People's Court made a first-instance judgment on the case of Jingdong v. Zhejiang Tmall Network Co., LTD., Zhejiang Tmall Technology Co., LTD., and Alibaba Group Holding Co., LTD., finding that it abused its dominant market position to implement the "two choices" monopoly behavior, which caused serious damage to Jingdong. And ordered JD.com to pay 1 billion yuan in compensation. [242]
2024
Lazada's layoffs are the first since it was acquired by Alibaba in 2016. A large number of employees will leave one after another, including a large number of grass-roots employees, but also P8, P9, performance 3.75 employees. They will get no less than N+2 redundancy compensation, one and a half months of year-end bonus compensation, they are located in Shenzhen, Beijing, Guangzhou, Singapore, Thailand and other offices, in the company's total of about 10,000 employees, accounting for nearly 20%. [245]

Social good

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EDITOR
In 2019:
At the end of October, the "pillar" public welfare insurance program co-initiated by Alibaba benefited more than 7,891,500 poor people. [194]
In 2020:
On April 26, Alibaba established the "Orange Point Incubation Fund", with the first investment of 100 million yuan, to stimulate employees to create more and better public welfare projects in the mode of commercial venture capital and create value for society.
On May 9, one hundred days after 110,000 Alibaba people fought against the epidemic (Wuhan Novel coronavirus), Alibaba's economy has invested 3 billion yuan. The Jack Ma Foundation and the Alibaba Foundation donated more than 200 million epidemic prevention materials to 150 countries, regions and international organizations around the world. Ali restarted the "Spring Thunder Plan", with a capital of 200 billion yuan to provide free "0 account period" services for merchants, and set up a total of 20 billion yuan for 12 months of special assistance loans to help small and micro businesses tide over difficulties. [195]
On May 23, Alibaba announced the details of its investment in the fight against the epidemic. As of March 31, Alibaba's economy had actually invested 3.356 billion yuan in the fight against the epidemic. Among them, Ali Group has invested 2.763 billion yuan and Ant Group has invested 593 million yuan. [196]
In 2023:
On July 10, the "Carbon Reduction" Red Power Plan "jointly launched by Alibaba Public Welfare and Tmall Home Improvement and Mangrove Foundation was held in Quanzhou, Fujian Province. Representatives of all parties planted mangrove trees symbolizing cooperation in the shoal of the project and listed them to signify the launch of the project. After the launch, consumers and businesses will join hands to support the newly planted mangrove area to reach 500 mu. [222]
On December 19, Alibaba delivered more than 50,000 boxes of instant noodles, bread, water, chicken sausage and other emergency relief materials to the disaster areas through the Xi 'an warehouse of Tmall supermarket, according to Alibaba's public welfare official micro message. Considering that the disaster area is the Hui Autonomous Prefecture, the disaster relief food is mostly halal food. In addition to material assistance, the Alibaba Foundation, together with the China Rural Development Foundation, the Red Cross Foundation and the One Foundation, has urgently launched a public fundraising channel, and has prepared tens of thousands of disaster relief kits to provide continuous support for disaster relief. [240]
2024:
On January 16, the first successful judgment appeared in the domestic large model anti-counterfeiting rights protection. Aliyun and Alibaba won the first instance lawsuit against the APP publisher, and Feiyou Technology company was ordered to compensate for relevant economic losses and rights protection costs due to infringement of registered trademarks and false publicity, and issued an apology statement on the official website for 15 consecutive days. [246]