Interesting Facts About Alibaba.com

Interesting Facts About Alibaba.com
  • Opening Intro -

    One of the biggest benefits that came along with the commercialization of the internet was the creation of online shopping platforms which revolutionized shopping as we knew it.

-------------------------------------

Companies worldwide started selling products and services online, as ecommerce created a huge “boom” in the trading industry. Creating online shops was a smart move for companies as they were able to sell products to customers from every corner of the world, because the internet has no boundaries whatsoever.

Amazon of the East

Alibaba is the largest ecommerce company in China and one of the largest in the world, with 528 million active users every month. The multinational conglomerate which specializes in retailing, internet, AI, and technology, was founded in 1999 by 18 founders led by Jack Ma.

In 2010, Alibaba launched AliExpress, their subsidiary B2C platform intended to market Chinese products to foreigners at low prices. These days, AliExpress’ influence is widespread across Europe, and it is starting to gain popularity in the United States as well.

There is a constant growth of active consumers across Alibaba. In 2013 there were 198 million users, 294 million in 2014, 377 million in 2015, 435 million in 2016 and there were 470 million users in the past year. Most of the customers come from China 27.3%, USA 11.1%, India 6.0%, Japan 3.5% and the UK 2.8%.

Through the years Alibaba made some serious investments and acquisitions. They bought shares or whole companies with HiChina, One-Touch, Yahoo, UCWeb, ChinaVision, among the most famous ones. The biggest investments they made were in the Taobao rural operations centers, AutoNavi, Alibaba Entrepreneurs Funds, Sun Art Retail, and Intime.

Alibaba also finances charities and foundations with the Alibaba Foundation having a sizeable fund dedicated to social causes in 2011, and Alibaba Poverty Relief fund announced in 2017.

Check the infographic below to read more interesting facts about Alibaba.

Image Credit: Pixabay

nice post? … share it!

CFOne Business Managment Reference:

TIPS: business exit model
Amazon Bestsellers: Laptop Computers

SaleBestseller No. 1
Dell 15.6' Laptop, 7th Gen. AMD Dual-Core A6 Processor 2.50GHz, 4GB RAM, 500GB HDD, AMD Radeon R4 Graphics, DVD-RW, Bluetooth, HDMI, Webcam, Windows 10
22 Reviews
Dell 15.6" Laptop, 7th Gen. AMD Dual-Core A6 Processor 2.50GHz, 4GB RAM, 500GB HDD, AMD Radeon R4 Graphics, DVD-RW, Bluetooth, HDMI, Webcam, Windows 10
  • 7th Gen. AMD Dual-Core A6-9220 Processor 2.50GHz, up to 2.90 GHz. Integrated AMD Radeon R4 Graphics
  • 4 GB DDR4L SDRAM Memory, 500 GB 5400 rpm Hard Drive, DVD-RW Burner
  • 15.6" diagonal HD (1366 x 768) WLED-backlit display; Webcam, MaxxAudio
Bestseller No. 2
2018 Newest Premium High Performance RCA Cambio 10.1' 2-in-1 Touchscreen Tablet PC Intel Quad-Core Processor 2GB RAM 32GB Hard Drive Webcam Wifi Microsoft Office Mobile Bluetooth Windows 10-Silver
11 Reviews
2018 Newest Premium High Performance RCA Cambio 10.1" 2-in-1 Touchscreen Tablet PC Intel Quad-Core Processor 2GB RAM 32GB Hard Drive Webcam Wifi Microsoft Office Mobile Bluetooth Windows 10-Silver
  • Introducing the RCA Cambio 10.1-inch high-resolution Windows tablet with detachable keyboard. Powered by an Intel processor,...
  • Create powerful documents and slideshows with Microsoft Office mobile apps including Word mobile, PowerPoint mobile and Excel...
  • Store your files on the ample built-in 32GB flash memory or use the microSD card slot which supports up to 64GB of additional...
SaleBestseller No. 3
Lenovo Ideapad 15.6' HD Premium High Performance Laptop (2017 Newest), AMD A12-9720P Quad core processor 2.7GHz, 8GB DDR4, 1TB HDD, DVD, Webcam, WiFi,Bluetooth, Windows 10, Platinum gray
73 Reviews
Lenovo Ideapad 15.6" HD Premium High Performance Laptop (2017 Newest), AMD A12-9720P Quad core processor 2.7GHz, 8GB DDR4, 1TB HDD, DVD, Webcam, WiFi,Bluetooth, Windows 10, Platinum gray
  • 15.6" HD display with 1366 x 768 resolution; Integrated AMD Radeon graphics
  • Powered by a 2.70GHz AMD A12-9720P Quad core processor
  • 8GB DDR4 memory; 1TB 5,400rpm HDD hard drive provides plenty of storage; DVD recordable optical drive
Bestseller No. 4
HP 15.6' High Performance Touchscreen Laptop PC Intel i3-7100u Dual-Core Processor 8GB Memory 1TB HDD DVD+RW HDMI Webcam WIFI Bluetooth Windows 10-Black
30 Reviews
HP 15.6" High Performance Touchscreen Laptop PC Intel i3-7100u Dual-Core Processor 8GB Memory 1TB HDD DVD+RW HDMI Webcam WIFI Bluetooth Windows 10-Black
  • 15.6 in HD WLED-backlit touchscreen display (1366 x 768)
  • 7th Generation Intel Core i3-7100U 2.40 GHz dual core Processor (3M Cache), Intel HD Graphics 620
  • 8GB DDR4 SDRAM 2133 MHz Memory, 1TB 5400 RPM Hard Drive, SuperMulti DVD burner
Bestseller No. 5
Acer Aspire E 15 E5-575-33BM 15.6-Inch FHD Notebook (Intel Core i3-7100U 7th Generation, 4GB DDR4, 1TB 5400RPM HD, Intel HD Graphics 620, Windows 10 Home), Obsidian Black
3,619 Reviews
Acer Aspire E 15 E5-575-33BM 15.6-Inch FHD Notebook (Intel Core i3-7100U 7th Generation, 4GB DDR4, 1TB 5400RPM HD, Intel HD Graphics 620, Windows 10 Home), Obsidian Black
  • 7th Generation Intel Core i3-7100U Processor (2.4GHz, 3MB L3 cache)
  • 15.6" Full HD Widescreen ComfyView LED-backlit Display supporting Acer ColorBlast technology
  • 4GB DDR4 Memory, 1TB 5400RPM HDD

Last update on 2018-05-23 / Affiliate links / Images from Amazon Product Advertising API

-------------------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------------------

planning photos forms guide

Helpful article? Leave us a quick comment below.
And please share this article within your social networks.

twitter facebook google+ pinterest
Categories: Business News

About Author

CFOne Admin

From the administrative staff at CFOne.com. We hope you enjoy this article and the elements of the site. Please forward any suggestions or comments regarding the posting or other suggestions for improvement. We also operate other helpful guides in home, education, money, and travel. Visit our main site for address information.