4. History
• December 1998: 17 founders and Alibaba Online
• Coffee shop and street recognition
• 1999 to 2000: Raised $25 Million
• December 2001: $$$
5. History
• 2003: The birth of Taobao
• 2004: Alipay separates from Taobao
• 2005: Yahoo! China
• 2009: 10 year anniversary! Alibaba Cloud Computing
6. History
• July 2011: Aliyun OS
• March 2014: Announcement of IPO
• September 2014: BABA on NYSE
Hello everyone, my name is Ghassan Fadlallah, and today I’ll be presenting Alibaba group holding limited, a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer, and business-to-business sales services via web portals.
So Alibaba’s core operations run through three main sites: Taobao, china’s biggest shopping site…Tmall, which specializes in online sales of branded goods and focuses on china’s middle class…and Alibaba, which connects Chinese exporters with other companies worldwide
So you can see here…there market capitalization is 251 billion.
There revenue is 52.5 billion, and there net income 23.4 billion. So it’s clearly that they’re extremely profitable, and they have a lot of money to thing that allow them to expand quickly and effectively.
Biggest IPO ever in the U.S., raising $21.8 billion
200 M investment in snapchat, increasing valuation to 15 B
Smile to pay – “Online payments are always a big headache. You forget your password…you worry about security”
…they’ve also put $250 M into Lyft, and $215 M into Tango
“Top 10 business leaders of the year” by China Central Television and its viewers
2005: Fortune names Ma “25 most powerful businesspeople in asia”
