We operate various businesses and also derive support for our digital economy from the businesses and services of related and affiliated companies. Major businesses in our digital economy include:
Launched in 2003, Taobao Marketplace (www.taobao.com) provides consumers with an engaging, personalized shopping experience, optimized by big-data analytics. Through highly relevant and engaging content and real-time updates from merchants, consumers can learn about products and new trends. They can also interact with each other and their favorite merchants and key opinion leaders. Merchants on Taobao Marketplace are primarily individuals and small businesses. According to Analysys, Taobao Marketplace was China’s largest mobile commerce destination, with a large and growing social community, in terms of GMV for the 12 months ended March 31, 2019. Taobao Marketplace is a business of Alibaba Group.
Launched in 2008, Tmall (www.tmall.com) caters to consumers’ ever-growing demand for high-quality products and premium shopping experience. A large number of international and Chinese brands and retailers have established storefronts on Tmall. In the 12 months ended March 31, 2019, Tmall was the largest third-party online and mobile commerce platform for brands and retailers in the world in terms of GMV, according to Analysys, and continues to grow quickly. Tmall is a business of Alibaba Group.
Launched in 2010, AliExpress (www.aliexpress.com) is a global marketplace targeting consumers from around the world and enabling them to buy directly from manufacturers and distributors in China and around the world. In addition to the global English-language site, the AliExpress app is also available in 17 local languages, including Russian, Portuguese, Spanish and French. Top consumer markets where AliExpress is popular are Russia, the United States, Brazil, Spain and France. AliExpress is a business of Alibaba Group.
The first business of Alibaba Group, Alibaba.com (www.alibaba.com) is China’s largest integrated international online wholesale marketplace in 2018 by revenue, according to Analysys. Buyers on Alibaba.com were located in more than 190 countries as of March 31, 2019. Buyers on Alibaba.com are typically trade agents, wholesalers, retailers, manufacturers and SMEs engaged in the import and export business. Alibaba.com also offers its members and other SMEs import/export supply chain services, including customs clearance, trade financing and logistics services.
Launched in 1999, 1688.com (www.1688.com) is China’s leading integrated domestic wholesale marketplace in 2018 by revenue, according to Analysys. It connects wholesale buyers and sellers in China who trade in apparel, general merchandise, home decoration and furnishing materials, electronics, packaging materials and shoes, among others. 1688.com is a business of Alibaba Group.
Launched in 2007, Alimama (www.alimama.com) is Alibaba Group’s monetization platform. Using data technology, it matches the marketing demands of merchants, brands and retailers with the media resources on Alibaba’s own platforms and third-party properties, and enables Alibaba to monetize its core commerce and digital media and entertainment businesses. Alimama also has an affiliate marketing program that places marketing displays on third-party apps and websites, thereby enabling marketers, if they so choose, to extend their marketing and promotional reach to properties and users beyond Alibaba’s platforms. Alimama is a business of Alibaba Group.
Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the world’s third largest, and Asia Pacific’s largest IaaS and Infrastructure Utility Services provider by revenue in 2018, according to Gartner. Alibaba Cloud is also China’s largest provider of public cloud services by revenue in 2018, including PaaS and IaaS services, according to IDC. Alibaba Cloud offers a complete suite of cloud services, including elastic computing, database, storage, network virtualization services, large scale computing, security, management and application services, big data analytics, a machine learning platform, and IoT services, serving our digital economy and beyond.
Established in 2013, Cainiao Network is dedicated to meeting Alibaba Group’s logistics vision of fulfilling consumer orders within 24 hours in China and within 72 hours anywhere else in the world. To realize this vision, Cainiao Network establishes and operates a global fulfillment network together with logistics partners. It offers domestic and international one-stop-shop logistics services and supply chain management solutions, addressing various logistics needs of merchants and consumers at scale. Cainiao Network is a business of Alibaba Group.
Ant Financial, an unconsolidated related party of Alibaba Group, is a technology company focused on providing inclusive financial services to consumers and small and micro businesses, or SMBs, in China and across the world. It primarily operates digital payment services and financial technology platform services through sustained technological innovation and cooperation with financial institutions, and is also pursuing a globalization strategy