Company attributes
Other attributes
Alibaba Group is a China-based company that specializes in commerce. It was founded in 1999 and has the stated mission to make it easy to do business anywhere. It has grown into a varied business ecosystem with websites, software, digital media, and more. In addition to its headquarters in China, the company has offices in Singapore and the United States. Furthermore, it has data centers in other locations including Australia, Malaysia, and the United Arab Emirates.
Alibaba Group has three strategic areas in which it develops businesses: consumption, cloud, and logistics.
The consumption branch of Alibaba's ecosystem is by far the largest for the company. It includes subsidiaries that involved in domestic and international commerce. It also includes subsidiaries that are in the digital media and entertainment industries.
The cloud branch of the company develops technology infrastructure for digitization. It includes subsidiaries such as Alibaba Cloud and DingTalk, a cloud communication platform for workplaces.
The logistics branch of Alibaba Group consists of subsidiaries and organizations that are focused on developing logistics infrastructure in China as well as at an international level. One of Alibaba Group's logistics subsidiaries is Cainiao, which operates a global fulfillment network for merchants and consumers.
In April 2023, Alibaba Group announced that it was restructuring the group and dividing it into six separate business clusters:
- Cloud Intelligence Group
- Taobao Tmall Commerce Group
- Local Services Group
- Cainiao Smart Logistics
- Global Digital Commerce Group
- Digital Media and Entertainment Group
Alibaba Group stated that this decision was made in order to unlock shareholder value and increase its competitiveness with other similar companies in the market.
