Alibaba Group: Company Information
Alibaba Group is a Chinese public company headquartered in Hangzhou. Primary activity: B2B trading between companies, online retail.
The company was founded in 1999. It works in international markets in 2012. Alipay, which is used for calculations in the subsidiary system – Taobao.com. In addition, the group also includes the Chinese film company Alibaba Pictures Group.
The company’s shares are traded on the New York Stock Exchange. The first public IPO took place in September 2014 and became the largest in history. After the sale of additional packages, the placement volume increased to $ 25 billion from the original $ 21.8 billion. According to the results of the first trading session, the company’s shares rose 38%.
Average monthly growth + 25.47% (during periods of growth)