alibaba.com (E-Commerce Company)


Alibaba.com (HKSE: 1688) (1688.HK) is the global leader in e-commerce for small businesses and the flagship company of Alibaba Group. Founded in 1999 in Hangzhou, China, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online through three marketplaces: a global trade platform (www.alibaba.com) for importers and exporters; a Chinese platform (www.1688.com) for domestic trade in China; and, through an associated company, a Japanese platform (www.alibaba.co.jp) facilitating trade to and from Japan. In addition, Alibaba.com offers a transaction-based wholesale platform on the global site (www.aliexpress.com) geared for smaller buyers seeking fast shipment of small quantities of goods. Together, these marketplaces form a community of more than 56 million registered users in more than 240 countries and regions. Alibaba.com also offers business management software and Internet infrastructure services targeting businesses across China, and provides educational services to incubate enterprise management and e-commerce professionals. Alibaba.com also owns Vendio and Auctiva, leading providers of third-party e-commerce solutions for online merchants. Alibaba.com has offices in more than 60 cities across Greater China, India, Japan, Korea, Europe and the United States.

Jack Ma, a former English teacher from Hangzhou, started Alibaba.com with 17 other founders in 1999 as a trading platform for small manufacturers to sell their wares. Since then Alibaba.com has grown into the premier online marketplace for small businesses around the world to identify potential trading partners and interact with each other to conduct business online. Alibaba.com completed its US$1.7 billion initial public offering on the Hong Kong Stock Exchange in November 2007, the biggest Internet IPO at the time since Google‘s 2004 offering on the NASDAQ.

June 1999 Alibaba Group is established by former English teacher Jack Ma and 17 other founders in an apartment in Hangzhou.
October 2000 Alibaba.com launches the Gold Supplier membership on its international marketplace, providing mainland Chinese exporters with an endorsement of their business standards that they can use with trading partners anywhere in the world.
August 2001 International TrustPass program is introduced on the international marketplace, serving suppliers conducting global trade outside mainland China.
December 2001 Alibaba.com achieves profitability.
March 2002 China TrustPass membership is introduced on the China marketplace for mainland Chinese small businesses engaging in domestic trade.
July 2002 Keyword ranking services are launched on the international marketplace.
November 2003 TradeManager instant messaging software is introduced, facilitating trade by enabling Alibaba.com users to communicate in real time.
September 2004 Ali-Institute is established to offer customer training and higher-education e-commerce certification in China.
March 2005 Keyword ranking services are launched on the China marketplace.
March 2007 Branded advertising is introduced on the China marketplace.
April 2007 Gold Supplier membership is extended to exporters in Hong Kong.
May 2007 Alibaba,com introduces a small business loan-assistance program, Ali-loan, in collaboration with leading banks in China.
September 2007 Premium placement display is introduced on the China marketplace.
November 2007 Alibaba.com completes its US$1.7 billion initial public offering on the Main Board of the Hong Kong Stock Exchange.
December 2007 The Alibaba Japan marketplace is upgraded and re-launched.
March 2008 Alibaba.com shares become a component of the Hang Seng Composite Index Series and Hang Seng Freefloat Index Series in Hong Kong.
April 2008 Winport is launched to help small businesses build their own presence on the China marketplace.
May 2008 Alibaba.com forms an associated company, Alibaba Japan, with Softbank to take over operations of its Japanese business.
June 2008 China TrustPass for Individuals membership is launched to serve entrepreneurs engaging in domestic China trade.
July 2008 Gold Supplier membership is extended to exporters in Taiwan.
August 2008 Export-to-China service is launched to help small businesses sell direct to China.
November 2008 Gold Supplier Starter Pack, a new entry-level membership package, is introduced on the international marketplace to make the benefits of Gold Supplier membership more widely accessible.
March 2009 Ali-ADvance, a pay-for-performance keyword bidding system, is introduced on the China marketplace.
June 2009 Business Network Service is introduced on the China marketplace.
July 2009 Global Gold Supplier membership is introduced on the international marketplace to serve suppliers outside Greater China.
August 2009 Alibaba.com relocates its corporate campus to Binjiang District in Hangzhou, China.
September 2009 Alibaba.com completes the acquisition of the business management software division of Alisoft to further the goal of transforming from “Meet at Alibaba” to “Work at Alibaba.”
Alibaba.com beta-launches AliExpress, a wholesale platform on the international marketplace designed to facilitate small bulk transactions online.
Alibaba Group celebrates its 10th anniversary with a global gathering of employees and members in Hangzhou, China.
October 2009 Ali-Institute is established as a dedicated division to better cultivate e-commerce talent for Chinese small businesses.
December 2009 Alibaba.com completes the acquisition of HiChina to enhance its ability to provide additional Internet infrastructure services to Chinese small businesses.
March 2010 Alibaba.com announces an additional domain name, 1688.com, for its China marketplace and a strategic upgrade of the site to support wholesale transactions.
Alibaba.com announces the creation of China’s first Small Business Credit Rating System and the establishment of a RMB1 billion Business Integrity Insurance Fund.
Fair Play Fund is introduced on the international marketplace to help offset a portion of losses suffered by buyers defrauded by China Gold Supplier members.
April 2010 China TrustPass Basic is introduced on the China marketplace to make the benefits of TrustPass membership more widely accessible.
AliExpress is officially launched on the international marketplace for smaller buyers seeking fast shipment of small quantities of goods.
July 2010 Alibaba.com acquires Vendio to integrate AliExpress and Vendio’s e-commerce services into a complete solution for small businesses in the U.S.
August 2010 Alibaba.com acquires Auctiva to strengthen its position as a go-to supply source for U.S. e-commerce entrepreneurs.
September 2010 Alibaba.com launches its local customer service operations in India.

Alibaba in the Community

Alibaba.com is the flagship business of Alibaba Group, a global e-commerce leader and the largest e-commerce company in China. As a member of the Group, Alibaba.com shares the same community spirit and commitment to developing the e-commerce environment as all the Group companies, including Taobao, Alipay, Alisoft and China Yahoo!.

Supporting SMEs and Creating Business Opportunities Worldwide

Alibaba.com is playing an important role in helping SMEs in China and around the world participate in global trade and become more competitive. We are creating jobs and opportunities for millions of companies by giving them a cost-effective platform to market their products, find quality suppliers and grow their business. In early 2007, we entered into a partnership with two leading banks in China to help Chinese companies with limited assets or credit history secure financing for expanding their business. In 2008, we aided more than 600 SMEs in Zhejiang province to secure an aggregate of more than RMB1 billion worth of loans.

Talent Incubation

As a pioneer of the industry, we put a lot of resources into teaching people about the power of e-commerce. We established Ali-Institute in 2004 to offer customer training and higher education certification across China. In July 2009, Ali-Institute began to operate under a commercialized model to more effectively incubate talent needed by enterprises seeking to upgrade themselves, create employment opportunities, promote e-commerce knowledge and set a new standard in the e-commerce industry. It provides e-commerce and management training and education services for small businesses and individuals in China through both offline learning centers and an online learning platform.

AliFest – Alibaba Group’s Annual China e-Businessmen Summit

Each year, Alibaba Group co-hosts the China
e-Businessmen Summit (“AliFest”) in Hangzhou, China in association with the Hangzhou municipal government and the China e-Commerce Association. Tens of thousands of businesspeople attend the event to engage in dialogue and learn from the experiences of other entrepreneurs who use the Internet for business and trade. The event culminates in an award ceremony, in which the “Top 10 e-Businessmen” are recognized for their contributions to e-commerce and the community.

Community Volunteerism and Sichuan Earthquake Relief

Alibaba Group encourages employees in its Group companies to become active in community service programs. The Group regularly facilitates opportunities for its employees to get involved in community activities and philanthropic programs.

After the tragic Sichuan earthquake in May 2008, we reacted immediately by sourcing urgently needed goods that were key to the rescue efforts. Joining hands with China Charity Federation, Alibaba.com launched an online campaign for donations from our employees and members of our websites. In addition, we also formed a relief team made up of our employees and volunteers from outside the company. The team made a number of trips to Sichuan to provide first-hand earthquake relief and delivered a large shipment of stationery supplies donated by our employees which benefited nearly 1,000 local students. As winter approached, the team organized a clothing donation drive for the earthquake victims, sharing the warmth with the less fortunate in Sichuan.

Alibaba.com waived the membership fees for supplier members based in the earthquake areas, in order to help them get back into the business of providing jobs and economic stability to their communities. Re-establishment of the affected regions will undoubtedly take time; and Alibaba.com will continue to contribute to the rebuilding efforts.

Environmental Protection

Alibaba.com has been promoting environmental issues from within the organization by running a series of campaigns under the name “Orange Alibaba, Green Earth”. The campaigns aim to promote energy and resource conservation by our employees. We also launched a “Tradeshow Alliance Environmental Protection Fund” in October 2007 to promote environmentally friendly and energy-efficient tradeshows. The proceeds were donated to the China Environmental Protection Foundation.

Alibaba.com is the flagship business of Alibaba Group, a global e-commerce leader and the largest e-commerce company in China. As a member of the Group, Alibaba.com shares the same culture and values as all the Group companies, including Taobao, Alipay, Alisoft and China Yahoo!.Since Alibaba’s inception, a strong company culture based on Alibaba’s shared value system has served as the cornerstone of Alibaba Group and its subsidiaries. Our business success and rapid growth has been built on the spirit of entrepreneurship, innovation, and an unwavering focus on meeting the needs of our customers.

 

Alibaba Group has six core values which govern everything we do and are an important part of the company’s DNA. Our six core values are codified in our company’s management systems for hiring, training, and performance evaluation.

When new employees join Alibaba.com, they attend an extensive orientation and team building program at the company’s headquarters in Hangzhou, with a strong focus on the company’s vision, mission, and values. These are reinforced in our regular training programs, team building exercises and company events.

Alibaba Group has grown from 18 founders in Hangzhou, China to thousands of employees around the world. We strive to provide a community where employees can work closely together in a positive, flexible and results-oriented environment. Strong shared values have enabled us to maintain a common company culture and Ali-community, no matter how large we grow.

Mission
To make it easy to do business anywhere.

Customer First The interests of our community of users and paying members must be our first priority.
Team work We expect our employees to collaborate as a team. We encourage input from our employees in the decision-making process, and expect every employee to commit to the team’s objectives.
Embrace Change We operate in a fast-evolving industry. We ask our employees to maintain flexibility, continue to innovate and adapt to new business conditions and practice.
Integrity Integrity is at the heart of our business as trust is an essential element of a marketplace. We expect our employees to uphold the highest standards of integrity and to deliver on their commitments.
Passion Our employees are encouraged to act with passion whether it is serving customers or developing new services and products.
Commitment Our employees have a dedicated focus and commitment to understanding and delivering on the needs of Chinese and global SMEs.


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