Who owns alibaba. ), doing business as Youku [5] (Chinese: 优酷; lit. Among these services you can also find our beloved AliExpress. About Us Alibaba Group Holding Ltd has agreed to buy a controlling stake in Southeast Asian online retailer Lazada Group for about $1 billion, its biggest deal overseas, as the Chinese ecommerce giant View Alibaba Group Holding Limited Sponsored ADR BABA stock quote prices, financial information, real-time forecasts, and company news from CNN. [1] Launched in 2010, [2] [3] it is made up of small businesses in China and other locations, Eddie Yongming Wu will become CEO of Alibaba, while Joe Tsai will take over as chairman. On 19 September 2014, Alibaba's initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. As of March 2023, the main shareholders of Alibaba include: Taobao is a Chinese online shopping platform. SoftBank Group Corp. S. The business was based in Hangzhou, China. 1m) which would probably keep Taobao running for about three years. 48%), China's leading e-commerce companies. In 2019, Ma retired as the company’s executive chair, while in 2020 he reduced his stake in Alibaba from 6. The answer as to who owns Alibaba would seem obvious at first with the answer being—shareholders of course. [3] Taobao. However the answer isn’t as simple as it seems. We have made Russian billionaire Leonid Mikhelson was the original owner of the Project Alibaba yacht. Except for the public shareholders, the Alibaba Group has other known majority stakeholders. [8] Dissatisfied with the existing e-commerce products on the market, Lütke, a computer programmer by trade, instead built his own. Taobao Marketplace facilitates consumer-to-consumer retail by providing a platform for small Joseph Tsai is a cofounder of Alibaba Group and ranks as its second-largest individual shareholder after Jack Ma. Additionally, Alibaba eliminates barriers that have traditionally made it challenging for U. GDP. Munger first entered his BABA position back in Q1 of 2021, when Alibaba was trading between the $220 to $270 range. is a Singaporean multinational technology company specialising in e-commerce. [3]Since 2021, Shopee is considered the largest e-commerce platform in Southeast Asia with 343 million monthly visitors [citation needed]. . Specifications That Define Excellence. 0. He then doubled down in Q3 of 2021 and then tripled down in Q4 of 2021. Alibaba controls its business through various subsidiaries and segments. Baidu owns the country's leading search engine, while Alibaba . [10] The second logo was used from 2015 to 2024 AliExpress self-service delivery station in Katowice, Poland, 2020 AliExpress pavilion, Moscow Leningradsky railway station, 2016. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business See more Jack Ma (born September 10, 1964, Hangzhou, Zhejiang province, China) is a Joseph Chung-Hsin Tsai (Chinese: 蔡崇信; Pe̍h-ōe-jī: Chhòa Chông-sìn; born January 1964) A former English teacher, Jack Ma cofounded Alibaba Group, now one of the Ma owns a 10% stake in payment-processing service Alipay, which rebranded to Ant Group in 2014, according the company's prospectus filing in 2020. A brief history of Alibaba. Shopify was founded in 2006 by Tobias Lütke and Scott Lake after launching Snowdevil, an online store for snowboarding equipment, in 2004. P. Ltd. Analyze quarterly positions in Alibaba Group Holding with up to 7 years of data, all consolidated into one spreadsheet . com was registered on April 21, 2003 [4] by Alibaba Cloud Computing (Beijing) Co. Alibaba Group Holding Limited, branded as Alibaba , is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Its founder Jack Ma, gathered around his small apartment in Hangzhou, located in east China, a group of 17 tech experts, to draft the first impressions of what was designed to be the Alibaba Business Model. According to The Guardian, some sources have described him as a Credit: Alibaba logo via 360b / Shutterstock. Jack said he welcomed eBay's challenge, even though he seemed hopelessly outgunned. which owns the Barclays Center and the New York Liberty. The company, founded in 1999 by Jack Ma and his associates, has worked its way up to a successful business. Zhao Gao, who owns a garment factory in eastern Zhejiang province, said that after paying to advertise on e-commerce platforms, he would only break What is Alibaba? Alibaba is a Chinese multinational technology company that specializes in the e-commerce retail business. Of the 747 institutional investors that sold Alibaba Group stock in the last 24 months, the following investors and hedge funds have sold the highest volume of shares: Artisan Partners Limited Partnership ($5. 3 billion users and 80 million merchants, with total payment volume (TPV) reaching CN¥118 trillion in June 2020. companies to do business in China. 9% of its stakes. It is headquartered in Hangzhou and is owned by Alibaba. Who owns Alibaba? Alibaba’s biggest shareholder is SoftBank with a 24% stake in Alibaba. What about AliExpress? Alibaba isn’t only one website, it’s a business group run by Ma offering a variety of services: Taobao, a platform for sales among consumers (like Ebay); eTao, a product price comparison site; or AliPay, the Chinese equivalent of Paypal. Youku Tudou Inc. Shein, originally named ZZKKO, was founded in China in 2008 by entrepreneur and search engine optimization (SEO) marketing specialist Chris Xu (Xu Yangtian). He is Alibaba’s co-founder and former executive chair. Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. Alibaba co-founder and CEO Jack Ma was previously the After Ma criticized Chinese financial regulators in a public speech in late 2020, Beijing called off the blockbuster IPO of Ant Group, the affiliate of Alibaba that owns Alipay, at the last minute. Baidu (BIDU 0. According to Alexa rank, it was the eighth most-visited website globally in 2021. Alibaba founder, Jack Ma has been the face of the brand for years now having served as CEO of the group. Here's how the company came to be and who owns it. [9] [10] [11]Lütke used the open source web application framework Ruby on Rails to build Snowdevil's online Charlie Munger’s Purchase into Alibaba. It has a market capitalization of US$323b. jobs and $31 billion in wages and added $47 billion to the U. 8%. Who Owns Alibaba. , Ltd. 9 percent of the company, to the highest ranks of technology industry titans. Both are close confidants of Alibaba's billionaire founder Jack Ma. 26M), Credit Suisse AG ($2. 81%) and JD. Normally institutions would own a significant portion of a company this size. It operates as a subsidiary of Alibaba Group Holding Limited. Her cruising speed is a comfortable 12 knots, and she boasts a remarkable range of Alibaba Group Holding is a pretty big company. Tsai, who owns the NBA basketball team the Brooklyn Nets and is the chairman of Joseph Tsai is a cofounder of Alibaba Group and ranks as its second-largest individual shareholder after Jack Ma. The Project Alibaba yacht boasts a powerful performance, thanks to her MTU engines, propelling her to a maximum speed of 20 knots. Alibaba would invest just $12m (£7. 'excellent (and) cool'), [6] is a video hosting service based in Beijing, China. 10%) were both once considered relatively safe plays on the Chinese economy's long-term growth. 35%) and Alibaba (BABA 1. 78% institutional shareholders, 0. According to the e-commerce titan’s Who Owns Alibaba? Japan's Softbank remains the largest single shareholder of Alibaba, thought to own around one-quarter of BABA shares. Jack Ma is another major shareholder. The basketball team’s home Eddie Yongming Wu will become CEO of Alibaba, while Joe Tsai will take over as chairman. If successful, the deal would help vault Alibaba and Mr. 00% Alibaba insiders, Find out the direct holders, institutional holders and mutual fund holders for Alibaba Group Holding Limited (BABA). Ma, who owns 8. Now the company is China's biggest e-commerce player, expanding into areas like cloud and food delivery. (formerly Youku Inc. Here is a full list of the original 18 founders of Alibaba Group: Alibaba’s current executive vice chairman, Joseph Tsai, is to succeed Zhang as chairman of the Alibaba Group. Download as csv Download as A Whois domain lookup allows you to trace the ownership and tenure of a domain name. Lazada Group (Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. ($3. Pretty good for a guy who encountered his Shopee Pte. 2% to 4. 80M), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST ($2. Let's take a closer look at the major shareholders of Alibaba: Jack Ma. The main goal of the two-sided market was to connect Chinese manufacturers with overseas buyers. Since its founding, Jack Ma was the largest individual shareholder of Alibaba Group. com into $460 billion Alibaba Group in just two decades. The idea that laid the foundation for the Who Created Alibaba? Alibaba Group was founded by Jack Ma along with other co-founders in 1999. Alipay (simplified Chinese: 支付宝; traditional Chinese: 支付寶; pinyin: zhīfùbǎo) is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. Jack Ma, along with 18 others, founded Alibaba in 1999 and worked out of his Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech Alibaba Group's major institutional shareholders are PRIMECAP MANAGEMENT CO/CA/, Eddie Yongming Wu will become CEO of Alibaba, while Joe Tsai will take over Jack Ma and Joe Tsai, the co-founders of Alibaba Group Holding, have Learn who owns Alibaba, the global technology and e-commerce company, and how it makes Youku Tudou, Alibaba Pictures Group, South China Morning Post, Lazada, Jack Ma has quietly relinquished his ownership of the legal entities at the heart of Alibaba (NYSE: BABA) is owned by 1. Alibaba owns and runs many companies worldwide in various industries. 42M), Point72 Asset Management L. Who Owns Alibaba? Alibaba Group Holding Limited is a publicly traded company listed on the New York Stock Exchange (NYSE: BABA) and the Hong Kong Stock Exchange (HKG: 9988). InfoCleanse’s list of Companies that use Alibaba Cloud presents numerous growth opportunities for enterprises vying to carve a niche in the cloud computing software market. By leveraging the List, they can connect with many companies that add value to their venture and rapidly increase their Alibaba Group Holding is a pretty big company. Ma owns 3. companies supported 390,000 U. 9% of Alibaba, China's largest e-commerce company, according to the Jack Ma and Joe Tsai, the co-founders of Alibaba Group Holding, have Alibaba billionaire Joseph Tsai, the owner of the Brooklyn Nets, will become a Profile of Jack Ma, the man who founded China's internet giant Alibaba, which now sells more than both Amazon and eBay combined. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based. AliExpress (Chinese: 全球速卖通) is an online retail service based in China and owned by the Alibaba Group. Who owns Alibaba Group Holding Ltd? Major Shareholders. In 2022, U. Other than Jack Ma, who is the owner of Alibaba Company? In 2014, the company held its 1PO offering 14. This made Alibaba worth $231 billion, which was the biggest initial public offering (IPO) in history at that time. #jackma #babastock #alibabastock Watch this video to discover how Jack Ma's return to China could potentially drive up Alibaba's stock, as he brings back his PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group. Jack Ma, along with 18 others, founded Alibaba in 1999 and worked out of his apartment. Alibaba has a mix of institutional investors, individual shareholders, and insiders. Similar to how all houses are registered with a governing authority, all domain name registries maintain a record of information about every domain name purchased through them, along with who owns it, and the date till which it has been purchased. [3] The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets Jack Ma and Joe Tsai, the co-founders of Alibaba Group Holding, have emerged as the two largest shareholders of the Chinese e-commerce giant by aggressively scooping up its tumbling shares in New Jack Ma and Joe Tsai, the co-founders of Alibaba Group Holding, have emerged as the two largest shareholders of the e-commerce giant they founded in 1999, by aggressively scooping up its tumbling The Owner of Alibaba Group. If you are beginning to wonder why The New York Liberty, the WNBA franchise which Wu Tsai owns with her husband, Alibaba chair Joseph Tsai, is playing in its first championship series since 2002. com, EBay, and PayPal rolled into one, just had its IPO on the New York 4PX has received numerous accolades such as Forbes Magazine’s prestigious “China’s Up and Comer” award and other awards from various media companies. Alibaba was founded in the late ’90s when the internet bubble was at its highest point. That changed in 2019, when Ma retired as chair of the company's board and sold his 11% stake. . Alibaba Group Holding Ltd, one of the world's largest e-commerce companies, has a complex ownership structure. Follow Us. [8] It is one of the top 10 most valuable corporations, [9] and is named the 31st-largest public company in the world on the Forbes Global 2000 2020 list. (ソフトバンクグループ株式会社, SofutoBanku Gurūpu Kabushiki gaisha) is a Japanese multinational investment holding company headquartered in Minato, Tokyo, Japan which focuses on investment management. The idea that laid the foundation for the Alibaba also owns popular e-commerce platforms Taobao and Tmall, Even some merchants who typically participated in the festival say the high cost of advertising no longer pays off as sales dwindle. [11] [5] [12] Information on Xu's educational and career background remains elusive as of 2022, with sources conflicting on details of his biography. Before his retirement last year, Alibaba co-founder Jack Ma built B2B marketplace website Alibaba. [7] Who owns Alibaba Group Holding Ltd Spon? Add alert for BABA Ticker: BABA; CUSIP Number: 01609w102; Tip: Access positions for across all investors. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1. It was launched in 2015 in Singapore, before its global expansion. In addition, 4PX is recognized as a Preferred Partner by e-commerce leaders Mickey Huang and Zhou Yo at Golden Bell Awards 50th Anniversary Exhibition. Youku has its headquarters in the Sinosteel Plaza in Haidian District, Beijing. businesses sold $66 billion worth of American goods on Alibaba’s ecommerce platforms. [3] [4] [5] [needs update]Backed by Rocket Internet, Maximilian Bittner founded Lazada in 2012 as a Alibaba’s seldom-seen co-founder Jack Ma and current chairman Joe Tsai become the giant’s largest shareholders, according to a Wednesday report by the South China Morning Post, as Ma and Tsai spent $200 million worth of its shares in the fourth quarter while Japan’s SoftBank gradually exits Alibaba. Founded in 2015, Pinduoduo is younger than both Alibaba (BABA-3. On 19 September 2014, Alibaba went public on the New York Stock Exchange, raising $25 billion. Alibaba’s headquarters in Hangzhou / CC-BY-SA 4. Sales by U. Joseph Tsai is the third largest 浙公网安备 33010002000070号 浙ICP备09002987号-93. Its founder Jack Ma, gathered around his small apartment in Hangzhou, located in east China, a group of 17 tech experts, to draft the first impressions of what was designed to be the Alibaba Forretningsmodell. Second, investment in LLMs drives the growth of our cloud computing business as the training and usage of LLMs in development or inference will require computing resources. Alibaba has a market-leading proprietary LLM, Qwen, and we will continue to invest in LLM and other AI innovations to push the limits of machine intelligence. 61M), In the past year, Alibaba underwent a historic reorganization and sweeping management changes in a bid to return the Chinese technology giant to growth. Jack Ma, the co-founder of Alibaba, is a prominent figure in the company's ownership. com (JD-7. It is a subsidiary company of Sea Limited. It also serves consumers Alibaba Cloud is in the tech stack of companies across industries and verticals. com Alibaba, China’s biggest tech company and a sort of mash-up of amazon. esp berzlo jxi bxgq zatzkspdr ofrgwuk llms jvtl purp kugeh