Saturday 17 December 2011

Development history

In December 1998, Jack Ma and added 17 founders appear their aboriginal online exchange called "Alibaba Online".

From 1999 to 2000, Alibaba Group aloft a absolute of US$25 actor from SoftBank, Goldman Sachs, Fidelity and some added institutions.

In December 2001, Alibaba.com accomplished profitability.

In May 2003, Taobao was founded as a customer e-commerce platform.

In December 2004, Alipay became an absolute business.

In October 2005, Alibaba Group took over the operation of China Yahoo! as allotment of its cardinal affiliation with Yahoo! Inc.

In November, 2007, Alibaba.com auspiciously listed on the Hong Kong Stock Exchange.

In April 2008, Taobao accustomed Taobao Mall, a committed B2C platform, to accompaniment its C2C marketplace.

In September 2008, Alibaba Group R&D Institute was established.

In September 2009, Alibaba Group accustomed Alibaba Cloud Computing in affiliation with its 10-year anniversary.

In May 2010, Alibaba Group appear a plan to attribute 0.3% of its anniversary revenues to armamentarium ecology aegis initiatives.

In October 2010, Taobao beta-launched eTao as an absolute arcade chase engine.

In June 2011, Alibaba Group reorganized Taobao into three abstracted companies: Taobao Marketplace, Taobao Mall and eTao.

In July 2011, Alibaba Group launched its aboriginal self-developed adaptable operating system, Aliyun over K-Touch Cloud Smartphone. A customized Android arrangement of a Tablet PC active the Aliyun OS will be launched by the end of 2011.5dead link

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