Alibaba.com

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Globe icon of the infobox
Alibaba.com
Website logo
Global trade starts here.
Online marketplace
languages 17 languages
operator Alibaba Group
editorial staff Alibaba Group
user 53 million
On-line 1999 (currently active)
http://www.alibaba.com/

Alibaba.com ( Chinese  阿里巴巴 , Pinyin ālǐbābā ) is a trading and communication platform for companies ( B2B ). Alibaba.com is managed in Hangzhou ( People's Republic of China ) and is part of the Alibaba Group .

offer

Alibaba.com claims to have a customer base of more than 53 million users from over 240 countries and regions. Small and medium-sized companies in particular use the platform for trading in Asian countries. According to estimates by US market research company Forrester Research , goods worth $ 240 billion were traded via Alibaba in 2013. In Europe, Alibaba is particularly important for imports from China.

Alipay was developed and introduced as a payment service by Alibaba .

Companies

The website was founded in 1999 by Jack Ma , a Chinese IT entrepreneur. At the end of April 2007 it became known that the parent company Alibaba Group was planning to go public for the business-to-business Internet platform on its own during the course of the year. This was implemented on November 6, 2007 as the world's second largest IPO of an Internet company after Google in 2004. With the issue, the company raised 11.6 billion Hong Kong dollars (approx. One billion euros). The rapid oversubscription of the shares offered caused a stir in advance. The major banks Goldman Sachs and Morgan Stanley accompanied the issue as lead syndicate banks.

In 2005, Yahoo took over 40% of the parent company Alibaba Group , of which half was sold again in 2012.

Alibaba.com was listed on the Hong Kong Stock Exchange from November 2007 to June 2012 .

literature

  • Ming Zeng: Smart Business. Alibaba's strategy secret. With a foreword by Jack Ma. Campus, Frankfurt am Main 2019, ISBN 978-3-593-50994-5 . (With notes, bibliography and register)
    • American original edition: Smart Business. What Alibaba´s Success Reveals About the Future of Strategy. Harvard Business Review Press, Boston 2018.

Web links

Individual evidence

  1. Alibaba
  2. Heike Buchter: Online retailer Alibaba: Largest marketplace in the world. In: Zeit Online. April 4, 2014, accessed April 4, 2016 .
  3. "Chinese e-commerce Company Said to Plan Public Offering" , New York Times , May 1, 2007
  4. "Yahoo Buys Stake in Alibaba" , Wired , November 8, 2005