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What is Alibaba?
Alibaba Group Holding Limited, commonly called Alibaba, is a Chinese multinational technology company that is one of the largest e-commerce companies in the world. It was founded on June 28th, 1999, in Hangzhou, Zhejiang, and provides a wide range of services, including e-commerce, electronic payment methods, shopping search engines, and cloud computing, to consumers, businesses, and other organizations. Around the world, it owns and operates businesses in a wide variety of industries. It raised $25 billion in its IPO on September 19, 2014, valuing the business at $231 billion and making it the largest IPO in history. Forbes Global 2000 2020 ranks it as the 31st-largest publicly traded company in the world.

Tencent was the first Asian company to surpass $500 billion in value in January 2018, followed by Alibaba. By 2020, Alibaba will be the sixth most valuable brand in the world. Alibaba is one of the most popular e-commerce companies in the world. In 2020, it was also ranked as one of the world's leading AI companies. Apart from that, it is a major player in the world of venture capital and investments in general. Alibaba.com, Taobao, and Tmall are the world's biggest B2B, C2C, and B2C markets. The company's sales increase threefold every year as it expands into the media industry. It also broke sales records on China's Singles' Day, the largest online and offline shopping day in the world.

Website https://alibaba.com
Alibaba is a company that was created in 1999 by Jack Ma. Alibaba is a Chinese company that operates as an online and mobile commerce company. Alibaba is the world's largest retailer, and the company has been described as the Amazon of China

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