Alibaba (BABA.US)
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Top Movers
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The figures refer to the past and past performance is not a reliable indicator of future results.
Alibaba Group
Alibaba is a large Chinese e-commerce conglomerate founded by Jack Ma in 1999 whose mission is to "make it easy to do business anywhere." [1] The company is made up of nine major subsidiaries, including cloud computing, digital media and entertainment, and innovation initiatives. It went public on the New York Stock Exchange in 2014 through what at the time was the largest initial public offering ever.
Alibaba, which trades under the symbol BABA, also owns a 33% stake in Ant Group, a large financial services company that was created in 2004 and spun off in 2014. Ant is the parent company of Alipay, China's largest mobile payments platform.[3]
| Retrieved 08 Mar 2021 https://www.alibabagroup.com/en/about/overview | |
| Retrieved 03 Jul 2022 https://www.fastcompany.com/90568353/chinese-fintech-giant-ant-group-sets-share-price-in-record-setting-ipo |
| Retrieved 08 Mar 2021 https://www.alibabagroup.com/en/about/overview | |
| Retrieved 03 Jul 2022 https://www.fastcompany.com/90568353/chinese-fintech-giant-ant-group-sets-share-price-in-record-setting-ipo |
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