Alibaba is an online business-to-business commercial center with 50 million clients in more than 240 nations. The site permits merchants and exporters/selling from everywhere throughout the world to exchange and move items utilizing organization profiles and item postings and in addition coordinated business the executives programming. This article will show you how to begin selling on Alibaba.com.
Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet, AI and technology. Founded in 1999, the company provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It owns and operates a diverse array of businesses around the world in numerous sectors, and is named as one of the world’s most admired companies by Fortune.
At closing time on the date of its initial public offering – US$25 billion – the world’s highest in history, 19 September 2014, Alibaba’s market/selling value was US$231 billion. As of June 2018, Alibaba’s market cap stood at US$542 billion. It is one of the top 10 most valuable and biggest companies in the world. In January 2018, Alibaba became the second Asian company to break the US$500 billion valuation mark, after Tencent. As of 2018, Alibaba has the 9th highest global brand value.
With operations in over 200 countries and territories, Alibaba is the world’s largest retailer, one of the largest Internet and AI companies, one of the biggest venture capital firms, and one of the biggest investment corporations in the world. The company hosts the largest B2B and B2C marketplaces in the world. Its online sales and profits surpassed all US retailers combined since 2015. It has been expanding into the media industry, with revenues rising by triple percentage points year on year. It also set the record on China’s Singles’ Day 2018 for the world’s biggest online and offline shopping day, with a total of $30,802,477,608 spent on the site on that day.