Alibaba Group Holding Limited
89988.HK
Hong Kong Stock Exchange95.20
CNY
+1.65
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Alibaba Group Holding Limited
89988.HK
(Hong Kong Stock Exchange)
Recent
price
95.20
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Alibaba Group Holding Limited (89988.HK) operates as a Chinese multinational technology company specializing in e-commerce, retail, internet infrastructure, cloud computing, logistics, digital media, and entertainment services; its core platforms include Taobao and Tmall for China retail, 1688 for domestic wholesale, Alibaba.com and AliExpress for global B2B and B2C marketplaces, Lazada and Trendyol for Southeast Asia and Turkey, Freshippo for new retail grocery, Ele.me for food delivery, Cainiao for logistics, Alibaba Cloud for computing services including elastic computing, storage, databases, big data, and AI models like Qwen, Youku for video streaming, Amap for mapping, Fliggy for travel, and DingTalk for enterprise collaboration, serving merchants, brands, consumers, and enterprises across China commerce, international digital commerce, local consumer services, cloud intelligence, and other segments with operations in over 240 countries including data centers in Asia, Europe, the Middle East, and the Americas. Founded in 1999 by Jack Ma and 17 co-founders in Hangzhou, Zhejiang province, China, where it maintains its headquarters at 969 West Wen Yi Road, Yuhang District, the company targets small businesses, global exporters, consumers, and enterprises through C2C, B2C, and B2B models. Recent developments include the October 2025 acquisition with Ant Group of Hong Kong office floors at One Causeway Bay for HK$7.2 billion to establish a Hong Kong headquarters supporting international expansion; the December 2024 sale of certain new retail assets; enhancements to AliExpress via the "Brand+" program for Chinese brands going overseas and AI-powered B2B procurement with Accio's AI Agent; and its primary listing conversion on the Hong Kong Stock Exchange in 2024 alongside New York.