Alibaba is a Chinese-American e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. It also provides electronic payment services, a shopping search engine and data-centric cloud computing service. The group began in 1999 when Jack Ma founded the website, a business-to-business portal to connect Chinese manufacturer with overseas buyers.

It is the world¡¯s largest retailer as of April 2016 surpassing Walmart, with operations in over 190 counties, as well as one of the largest Internet companies.

Alibaba has been the most dominant retailer in the world, generating more revenues than and eBay combined. Its online sales & profits surpassed allUSretailers (including Walmart, Amazon and eBay) combined in 2015. It has been expanding into media and entertainment industry, with revenues rising 3-digit percents year on year.


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