09988.HK

Alibaba Group Holding Limited (NYSE:BABA) is a Chinese multinational technology conglomerate founded in 1999 by Jack Ma and a group of entrepreneurs in Hangzhou, China. What began as a business-to-business marketplace has evolved into one of the world's largest e-commerce and cloud computing companies. The company went public on the New York Stock Exchange in September 2014 in what was then the largest IPO in history. Today, Alibaba operates across multiple segments including domestic and international e-commerce, cloud computing, logistics, local services, and digital entertainment, serving over one billion consumers annually across its various platforms.