Alibaba network technology co., LTD. 'Ω(hereinafter referred to as: Alib€₩Ωaba group) is led by a form™®er English teacher Mr Mayun with♠∑Ω 18 people on the team at first, it was founded &☆≤$in 1999 in Hangzhou, φ✔China, they believed that the $ Internet could create fair compeδδtition environment for small businesse→∑s to expand business through innovation and te←<chnology, and partici≈¶pate in domestic or globa§↕₽<l market competition in a better pε∞osition.
Alibaba group runs a number of busi≥☆>ness, and it also get support on the busines$♦•s ecosystem from associated companies’ bus ₹inesses and services. Its businesses and associ$≈♥ated companies’ businesses includ↕₩•∞e Taobao, Tmall, Bargain, the Global speed sell←←♥ tong, Alibaba interna™"€→tional trading market, 1688, Ali mother, ₽ ¶ Ali cloud, the Ant gold, Novice network, etc. On©×<® September 19, 2014, Alibaba group off₽Ωicially listed on the New York stock exchang™δ≠★e with its stock code "₩ Ω ;BABA", Mr Mayun w∑ as the founder and chairman of the boar>∑×d. Throughout 2015, Alibaba total r±'©✔evenue was 94.384 billion yuaδ↕π×n, with net profit is 68.844≈≠ billion yuan.
On April 6, 2016, Alibaba ann≠εounced it had been the world's largest reta★¥il trading platform.
