Jack Ma of Alibaba

Alibaba Group is a family of Internet-based businesses which makes it easy for anyone to buy or sell online anywhere in the world. Since its inception, it has developed leading businesses in consumer e-commerce, online payment, business-to-business marketplaces and cloud computing, reaching Internet users in more than 240 countries and regions. Alibaba Group consists of 25 business units and is focused on fostering the development of an open, collaborative and prosperous e-commerce ecosystem.

Alibaba Group was founded in 1999 by 18 people led by Jack Ma, a former English teacher from Hangzhou, China who has aspired to help make the Internet accessible, trustworthy and beneficial for everyone. The privately held Alibaba Group, including its affiliated entities, employs more than 24,000 people in some 70 cities in Greater China, India, Japan, Korea, the United Kingdom and the United States.

Jack Ma is the lead founder of Alibaba Group. As chairman and chief executive officer of the company since its inception in 1999, he is responsible for the overall strategy and focus of Alibaba Group. Jack, who holds a bachelor’s degree in English from Hangzhou Teacher’s Institute, currently serves on the board of SOFTBANK CORP., a leading digital information company that is publicly traded on the Tokyo Stock Exchange. He is also a director of Huayi Brothers Media Corporation, a company listed on The Shenzhen Stock Exchange. In 2009, Jack became a trustee of The Nature Conservancy’s China program and joined the global board of directors of the organization in 2010.

Alibaba Group’s major businesses and affiliated entities include:

Alibaba.com International (www.alibaba.com), launched in 1999, is the leading global e-commerce platform for small businesses around the world. It aims to be the go-to English-language platform for cross-border trade and help small businesses worldwide expand to overseas markets. As of June 30, 2012, the platform had 29.4 million registered users from more than 240 countries and regions and showcased 2.5 million supplier storefronts.

Alibaba.com China (www.alibaba.cn), Launched in 1999, is China’s leading e-commerce platform for small businesses engaged in domestic trade. It aims to provide Chinese small businesses with a comprehensive domestic e-commerce solution that comprises more than product listing, sourcing and large-quantity wholesale services. As of June 30, 2012, the platform had 54.8 million registered users and showcased 8.4 million supplier storefronts.

Taobao Marketplace (www.taobao.com), launched in 2003, is the most popular consumer-to-consumer (C2C) online marketplace in China. Its mission is to foster a comprehensive e-commerce ecosystem that will provide partners and consumers with the best user experience possible. With more than 800 million product listings and more than 500 million registered users as of June 2012, Taobao Marketplace is one of the world’s top 20 most visited websites.

Source: http://news.alibaba.com/specials/aboutalibaba/aligroup/index.html; http://news.alibaba.com/specials/aboutalibaba/aligroup/jack.html

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