Alibaba Group Holding Limited
HomeAll Profiles
July 1, 2020
Updated on:

Alibaba Group Holding Limited

Revenue:
USD 56.152 billion (2019)
Profit:
USD 11.955 billion (2019)
Employees:
101,958 (2019)
GICS Industry Group:
Headquarters:
Yuhang District, Hangzhou, Zhejiang, China
Founded:
1999
Current CEO:
Daniel Zhang (May 2015–)
Parent:
This is the ultimate parent

Description

Alibaba Group Holding Limited is a Chinese holding company which largely specialises in e-commerce, retail, and technology. Alibaba gets it's name from the Middle Eastern folk tale collection One Thousand and One Nights. The company was established on the 4th of April 1999 by Jack Ma, who famously applied for 30 different jobs and got rejected by all.

Alibaba provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via its platforms. It also provides electronic payment services, shopping search engines, and cloud computing services. It owns and operates a diverse array of businesses around the world in numerous sectors.

Alibaba has recently been on an acquisition-led growth spurt, acquiring and investing in a number of international companies including its $728 million USD acquisition of Turkish Trendyol Group, a mobile commerce platform that sells 70 million items per year.

Alibaba Group is listed on the New York Stock Exchange (NYSE) under the symbol BABA.

In Chinese Renminbi (RMB)
In Chinese Renminbi (RMB)
In Chinese Renminbi (RMB)

Operating Segments:

Core commerce - The core commerce segment is comprised of platforms operating in retail and wholesale commerce in China, retail and wholesale commerce - cross-border and global, logistics services, local consumer services and others. In the year end 31 March 2019, core commerce segment accounted for 85.82% (RMB 323,400 million) of total revenue.

Cloud computing - The cloud computing segment is comprised of Alibaba Cloud, which offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualisation services, large scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services. In the year end 31 March 2019, cloud computing segment accounted for 6.55% (RMB 24,702 million) of total revenue.

Digital media and entertainment - The digital media and entertainment segment serves consumers through two key distribution platforms, Youku and UC Browser, and through Alibaba Pictures and other diverse content platforms that provide online videos, films, live events, news feeds, literature and music, among other areas. In the year end 31 March 2019, digital media and entertainment segment accounted for 6.39% (RMB 24,077 million) of total revenue.

Innovation initiatives and others - The innovation initiatives and others segment includes businesses such as Amap, DingTalk, Tmall Genie and others. In the year end 31 March 2019, innovation initiatives and others segment accounted for 1.24% (RMB 4,665 million) of total revenue.

Mergers and Acquisitions:

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Signup to a free account to access M&A data!

Signup for FREE to access all mergers and acquisitions data!
BigDiscover is the only platform to offer M&A data completely for free!

Click Here to Signup for FREE
Copyright © 2020 BigDiscover. All rights reserved.