What is Alibaba? - China's Largest eCommerce Brand

Alibaba Logo

1. What is Alibaba?

Alibaba is a Chinese multinational eCommerce brand that does have a diversified range of solutions to cater to retail which is B2C and business level which is B2B.

Alibaba created China's largest web platform where to connect the manufacturing factories to display the product that they manufacture and allow sellers to contact the manufacturing factories.

Though there were multiple web sites in China similar to Alibaba, almost all the buy and seller meeting websites are fraudulent. Alibaba does have ratings to the sellers and marked whether the seller is verified and the status of the seller with statics. 

2. History

Alibaba is founded by Jack Ma and Peng Lei on the 4th of April 1999. The name Alibaba was chosen by the Open Sesame which is an Arabian literature character. Alibaba has acquired multiple companies and started a brand new business on its way to becoming a success and in the business.

Alibaba is traded publicly on the New York Stock Exchange and currently headquartered in Binjiang District, Hangzhou, Zhejiang, China.