Alibaba is a Chinese multinational technology company that provides e-commerce, retail, internet, and technology services. It was founded in 1999 by Jack Ma and has grown to become one of the largest e-commerce companies in the world. Alibaba owns major subsidiaries like Taobao and Tmall, which are online shopping platforms, and Alipay, which provides digital payment services. Despite facing many rejections and failures early in his career, Jack Ma persisted and through his leadership, Alibaba has achieved great success and become a global leader in e-commerce and technology.