10 Facts about Alibaba
Facts about Alibaba talk about the famous e-commerce company in China. The official name of the company is Alibaba group Holding Limited. The company serves you we web portals that people can enjoy the business to consumer, consumer to consumer and business to business services. Find out more facts about Alibaba by reading the following post below:
Facts about Alibaba 1: other features
The people who access Alibaba can also find a shopping search engine and electronic payment services. The people who need data centric cloud computing can also open the web portal site of Alibaba. Find out a kitchen utensil company in Alessi facts.
Facts about Alibaba 2: the foundation of Alibaba
Jack Ma founded Alibaba.com in 1999. The main function of this web is to connect the Chinese producer to the abroad buyers.
Facts about Alibaba 3: the cash
This web is very successful. Based on the data in 2012, the sales in two portals of Alibaba were $170 billion or 1.1 trillion Yuan. The market value is higher when it handles US$231 billion on 19 September 2014.
Facts about Alibaba 4: Taobao
Taobao is one of the consumer to consumer portals of Alibaba group. There are at least a billion products that you can find here. This site is similar to eBay.com. The report states that it is included as one of the top 20 most visited websites in the world.
Facts about Alibaba 5: parcels
In March 2013, the website of Alibaba was responsible to provide 60 percent of the parcels in China. Based on the September 2014’s report, it occupied 80 percent of the online sales in China.
Facts about Alibaba 6: online payment transaction in China
The online payment transaction in China was often conducted using the portal of Alibaba. More than half of the all online payment was done in Alibaba. Get facts about Accenture to know another big company.
Facts about Alibaba 7: India
The Alibaba group intended to break the Indian market. In September 2014, there was a talk between Alibaba and Snapdeal about it. We cannot wait for the good news.
Facts about Alibaba 8: Singles’s Day
During the Singles’ Day in China in 2014, the sale that Alabama’s group handles is around 9 billion dollar.
Facts about Alibaba 9: China Yahoo!
Alibaba had a strategic partnership with Yahoo! Inc by taking over the operation of China Yahoo! In October 2005. This company was also enlisted in Hong Kong Scotch Exchange in November 2007.
Facts about Alibaba 10: Taobao Mall
Taobao Mall or Tmall.com was launched in April 2008. It is one of the biggest retail websites.
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