Why did Ma Yun call the company Alibaba?

Jack Ma, the founder of Alibaba, thinks that people all over the world also know stories about Alibaba, and most languages have similar pronunciations, so he named the company Alibaba. E-commerce is a global business, so we also need a name that people all over the world are familiar with. Alibaba means "open sesame", which means that our platform opens the door to wealth for small enterprises.

Mission: Let there be no difficult business in the world

Vision: It aims to build future commercial infrastructure. Our vision is to let customers meet, work and live in Alibaba and continue to develop for at least 12 years.

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Extended information:

Alibaba Network Technology Co., Ltd. was founded in Hangzhou, Zhejiang Province in 1999 by 18 people headed by Jack Ma, a former English teacher.

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

On September 19th, 214, Alibaba Group was officially listed on the new york Stock Exchange with the stock code "BABA" and its founder was Ma Yun.

on September 6, 219, Alibaba group announced that it would acquire Netease koala for $2 billion, and led the investment of Netease cloud music for $7 million. On September 1, 219, the list of the top 5 service enterprises in China in 219 was released in Jinan, and Alibaba Group Holdings Limited ranked 24th.

Reference: Baidu Encyclopedia-Alibaba.