The Development Course of Alibaba Group

In September, 1999, the founder of 18 led by Ma Yun formally established Alibaba Group in his apartment in Hangzhou.

From June 5438 to October 2000 10, Alibaba group raised 20 million dollars from many investment institutions such as Softbank.

In February 2004, Alibaba Group raised $82 million from a number of first-line investment institutions, making it the largest private equity financing in China at that time.

June 5438 +2005 10, Alibaba Group signed a cooperation agreement with Yahoo China to acquire and take over Yahoo China. ?

2065438+September 2002, Alibaba Group completed its first share repurchase for Yahoo and reorganized its relationship with Yahoo.

2065438+On April 18, 2006, Alibaba Group signed a strategic cooperation agreement with NZTE, an institution designated by the New Zealand government.

Extended data:

Alibaba Network Technology Co., Ltd. (Alibaba Group for short) was founded in Hangzhou, Zhejiang Province on 18, headed by former English teacher Ma Yun.

Alibaba Group operates a number of businesses, and also obtains the support of operating business ecosystem from the businesses and services of affiliated companies. Business and affiliated companies include: Taobao, Tmall, Juhua, AliExpress, Alibaba International Trading Market, 1688, Ali Mama, Alibaba Cloud, Ant Financial, Cainiao.com, etc.

2065438+On September 19, 2004, Alibaba Group was officially listed on the new york Stock Exchange, with the stock code "baba" and Ma Yun as its founder and chairman.

On July 2018 19, the Fortune Global 500 list was released, and Alibaba Group ranked 300.

References:

Alibaba Baidu encyclopedia