Alibaba Group is an world’s largest e-commerce company in China and is among one of the top successful companies in the world. The company, founded in 1999, has revolutionised the e-commerce industry in a few years.
The company has three main sites Taobao, Tmall and Alibaba.com — have hundreds of millions of users, and host millions of traders and companies. Through its various platforms, the company serves a vast number of suppliers and draws millions of customers.
Jack Ma Yun – Co-Founder
Jack Ma Yun (born September 10, 1964) is a Chinese business magnate, philanthropist, and investor. He is the co-founder and former executive chairman of the multinational technology conglomerate Alibaba Group. In addition, he co-founded the private equity firm Yunfeng Capital. Ma is a staunch supporter of an open, market-driven economy.
The co-founder Jack Ma has demonstrated his entrepreneurial abilities. The co-founder Jack Ma of Alibab group followed red and blue strategies to run the multi million company. His ability to bring innovation to the company’s operations has become legendary. Alibaba has announced plans to use massive amounts of customer data to drive innovation in its business.
Alibaba.com
Mission of Alibaba Group is to make business simple by providing suppliers with the tools they need to reach a global audience for their products, as well as by assisting buyers in quickly and efficiently locating products and suppliers.
Alibaba’s platform provides clients with business-to-business, business-to-consumer, and consumer-to-consumer sales services. It is involved in a wide range of businesses and hopes to create an ecosystem based on e-commerce.
Alibaba.com offers hundreds of millions of products in more than 40 major categories, including consumer electronics, machinery, and clothing. Buyers for these products are spread across 190+ countries and regions, exchanging hundreds of thousands of messages with suppliers every day on the platform.
But in India, After a skirmish on their Himalayan border, India and China’s business relations have soured, and political tensions have intensified which lead to closure of aliBaba.com
This war does not only result in the abolition of trade, but also in significant destruction, killing 20 Indian soldiers who were killed at the border in conflict between the two countries during this economic war. Since then, anti-China sentiment has been on the rise in India, as has a boycott of Chinese goods from Ali Baba and has halted its investment plans in India.
Conclusion
Ali baba services to assist businesses in doing more and discovering new opportunities for small and big business houses.
Turn to Alibaba.com for all of your global business needs, whether it’s sourcing from your mobile phone or contacting suppliers in their native language they offer everything.