Alibaba.com was founded in 1999 by 18 people led by Jack Ma and became the largest online B2B ecommerce company in China by 2007. Its English website specializes in connecting international buyers with Chinese sellers. In 2014, Alibaba went public with the largest IPO in U.S. history, raising $21.8 billion. Alibaba aims to build the future infrastructure of commerce and envisions customers meeting, working and living on its platform for over 100 years. It faces competition from eBay, Amazon and JD.com but has the highest profit margins around 44%.