Alibaba Group Holding Limited logo

Alibaba Group Holding Limited

89988.HK

HKSEConsumer CyclicalSpecialty Retail

Latest quote

CN¥96.05

−CN¥9.45 · -8.96%

Aug 24, 3:55 PM HKT

89988.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Alibaba Group Holding Limited functions as a multifaceted technology and marketing infrastructure provider, empowering merchants, brands, and retailers to connect with their customer base both within the People's Republic of China and internationally. Its operations are organized into key divisions: China Commerce, International Commerce, Local Consumer Services, logistics via Cainiao, Cloud computing, Digital Media and Entertainment, and other Innovation Initiatives. The company manages a broad ecosystem of platforms, including prominent digital retail sites like Taobao and Tmall, business-to-business wholesale marketplaces such as 1688.com and Alibaba.com, and international e-commerce platforms like AliExpress, Lazada, Trendyol, and Daraz. It also ventures into new retail with Freshippo for groceries and Tmall Global for imported goods. Beyond direct commerce, Alibaba offers extensive marketing solutions, ranging from performance-based and in-feed advertising to display ads and real-time bidding exchanges like Alimama and Taobao Ad Network. Its Cainiao Network delivers comprehensive logistics services. For local consumption, platforms like Ele.me provide on-demand delivery, Koubei acts as a local services and restaurant guide, and Fliggy facilitates online travel. Alibaba Cloud provides a complete suite of cloud computing services, encompassing elastic computing, storage, networking, security, database solutions, big data analytics, and IoT capabilities, along with support for hardware, software licensing, installation, and application development. In the digital media and entertainment sector, Alibaba operates Youku, an online video platform; Quark, for information search and consumption; Alibaba Pictures; and other content platforms offering a diverse range of online videos, films, live events, news, literature, and music. Further extending its technological reach, the company also develops innovative applications such as Amap for mobile digital mapping and navigation, DingTalk for business collaboration, and the Tmall Genie smart speaker. Founded in 1999, Alibaba Group Holding Limited is headquartered in Hangzhou, People's Republic of China.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
CN
CEO
Yongming Wu
Listed since
Jun 19, 2023
Employees
131,462

Market position

Volume
221.7K
3.02× average
Average volume
73.52K
Average daily volume
Market cap
1.79T CNY
Beta
0.51
Market reference 1

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