Alibaba founder Jack Ma felt that people all over the world also know the story of "Alibaba", and that most languages ??have similar pronunciations, so he named the company Alibaba. E-commerce is a global business, so we also need a name that is familiar to people around the world. Alibaba means "open sesame", which means that our platform opens the door to wealth for small businesses. ?Extended information
Alibaba Group operates a variety of businesses, and also obtains support for operating a business ecosystem from the businesses and services of affiliated companies. The businesses and affiliated companies include: Taobao, Tmall, Juhuasuan, AliExpress, Alibaba International Trading Market, 1688, Alimama, Alibaba Cloud, Ant Financial, Cainiao Network, etc.
On September 19, 2014, Alibaba Group was officially listed on the New York Stock Exchange with the stock code "BABA". The founder and chairman of the board of directors is Jack Ma.
On July 19, 2018, the global synchronized Fortune Global 500 ranking was released, with Alibaba Group ranking 300th.
Reference: Baidu Encyclopedia--Alibaba