Alibaba Group is a multinational conglomerate holding company founded in 1999 that provides consumer-to-consumer, business-to-consumer, and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines, and cloud computing services. It is one of the world’s largest e-commerce companies, and it operates a number of online and offline retail websites, including the online shopping website Taobao and the online payment platform Alipay. Alibaba Group is headquartered in Hangzhou, China and has a presence in various countries around the world. The company’s founder and executive chairman is Jack Ma.
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