Saturday 17 December 2011

Alibaba Group companies and affiliated entities

Alibaba.com

Alibaba.com Limited (HKSE: 1688.HK) (simplified Chinese:阿里巴巴网络有限公司; acceptable Chinese: 阿里巴巴網絡有限公司),), the flagship aggregation of Alibaba Group, is the world’s better online business-to-business trading belvedere for baby businesses.

Founded in Hangzhou in eastern China, Alibaba.com has four marketplaces. The company’s English accent all-embracing exchange (www.alibaba.com) serves to accompany calm importers and exporters from added than 240 countries and regions. The China exchange (www.1688.com) is developed for calm business-to-business barter in China. It additionally has a Japanese exchange (www.alibaba.co.jp), which is focused on facilitating barter to and from Japan through an associated company. In addition, Alibaba.com offers a transaction-based broad platform, AliExpress (www.aliexpress.com), which allows abate buyers to shop for baby quantities of appurtenances at broad prices.

The aggregation claims that calm these marketplaces accept added than 65 actor registered users. Alibaba.com was listed in the Hong Kong Stock Exchange at the IPO amount of HK$13.5 on 6 November 2007, adopting HK$13.1 billion (US$1.7 billion) in the second-largest antecedent accessible alms auction of an Internet aggregation afterwards Google Inc.

edit Taobao Marketplace

Taobao Exchange (www.taobao.com), ahead accepted as Taobao, is the better C2C online arcade belvedere in China. Founded in 2003, it provides a avant-garde array of artefact offerings. The aggregation claims that it served added than 370 actor registered users as of the end of 2010.

edit Taobao Mall

Taobao Mall (www.tmall.com) was alien in April 2008 as a committed B2C belvedere to accompaniment Taobao’s C2C exchange and became an absolute business in June 2011. It is now a above online arcade destination for quality, cast name appurtenances in China.

edit eTao

eTao was beta-launched by Taobao in October 2010 as an absolute chase agent and became an absolute business in June 2011. It is the best absolute arcade chase agent in China, accoutrement artefact after-effects from all above Chinese online arcade platforms.

edit Alipay

Launched in 2004, Alipay (www.alipay.com) is a third-party online acquittal platform. According to analyst analysis report, Alipay has the better bazaar allotment in China. The aggregation claims it had added than 550 actor registered users as of the end of 2010. In 2011, it was the better online acquittal arrangement in the apple by amount of transactions. 2

Alipay provides a acquittal account alleged escrow,2 in which consumers can verify whether they are blessed with appurtenances they accept bought afore absolution money to the seller.

In China, Alipay ally with added than 65 banking institutions including Visa and MasterCard to accommodate acquittal solutions for Taobao as able-bodied as added than 500,000 Chinese businesses. Internationally, Alipay helps added than 300 merchants and sellers common advertise anon to consumers in China. It currently supports affairs in 12 above adopted currencies. Alipay is an associate of Alibaba Group.

The 2009 alteration of Alipay's buying from the Alibaba Group to a clandestine aggregation controlled by Jack Ma was controversial, with media letters in 2011 that Yahoo! and Softbank (Alibaba Group's authoritative shareholders) were not abreast of the auction for nominal value. Chinese business advertisement Century Weekly criticised the accomplishments of Ma,3 while Ma declared that Alibaba Group's lath of admiral were acquainted of the transaction. The buying altercation was bound by Alibaba, Yahoo! and Softbank in July 2011.4

edit Alibaba Billow Computing

Alibaba Billow Accretion aims to body an avant-garde data-centric billow accretion account platform, including e-commerce abstracts mining, accelerated massive e-commerce abstracts processing, and as able-bodied as abstracts customization. It was accustomed in September 2009 in affiliation with the 10th ceremony of Alibaba Group.

China Yahoo!

In October 2005, Alibaba Group formed a cardinal affiliation with Yahoo! Inc and acquired China Yahoo! (www.yahoo.com.cn), which is a Chinese aperture with a focus on capital Internet casework including news, email and search.

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