Alibaba network technology co., LTD. (hereinafter referred to as: Alibaba group) is led by a former English teacher Mr Mayun with 18 people on the team at first, it was founded in 1999 in Hangzhou, China, they believed that the Internet could create fair competition environment for small businesses to expand business through innovation and technology, and participate in domestic or global market competition in a better position.
Alibaba group runs a number of business, and it also get support on the business ecosystem from associated companies’ businesses and services. Its businesses and associated companies’ businesses include Taobao, Tmall, Bargain, the Global speed sell tong, Alibaba international trading market, 1688, Ali mother, Ali cloud, the Ant gold, Novice network, etc. On September 19, 2014, Alibaba group officially listed on the New York stock exchange with its stock code "BABA", Mr Mayun was the founder and chairman of the board. Throughout 2015, Alibaba total revenue was 94.384 billion yuan, with net profit is 68.844 billion yuan.
On April 6, 2016, Alibaba announced it had been the world's largest retail trading platform.
