Alibaba Group Holding Ltd (HK)
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Alibaba Group Holding Ltd (HK)
Alibaba Group is a Chinese technology holding company that offers e-commerce, retail, internet and technology services to users across the world. It was founded in 1999 and has headquarters in Hangzhou. It has a number of subsidiaries that cater to each of its services, such as AliExpress (e-commerce), Daraz (logistics), Alibaba Cloud (cloud computing), Trendyol (e-commerce) and formerly Alipay (payments). Alibaba stock holds the title for the world’s largest IPO ever with its debut on the New York Stock Exchange in 2014, raising $25bn in funding. It’s also considered to be one of the most valuable companies in the world and has one of the largest market capitalisations. Start spread betting or trading CFDs on our Alibaba share price. See also Xiaomi Corporation (HKEX:1810), SOS Limited (NYSE:SOS).
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