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History and Milestones
January
The International Olympic Committee and Alibaba Group jointly announce a long-term partnership through 2028.
Alibaba Group becomes a worldwide partner of the Olympic Games
June
Alibaba Group officially launches Tmall Taobao World, an initiative to serve the 100 million-strong overseas Chinese market worldwide.
June
Alibaba Group increases its stake in Lazada Group from 51% to approximately 83%.
August
Alibaba Group upgrades its loyalty program for Taobao and Tmall members and establishes a joint venture with Marriott International to redefine the travel experience for Chinese consumers.
Announcement of the Alibaba-Marriott joint venture
September
Alibaba Group increases its ownership of Cainiao Network to a majority stake of 51%.
October
Alibaba DAMO Academy, a global research program in cutting-edge technology, is established.
Launch of the Alibaba DAMO Academy
October
Aibaba Cloud opens a data center in Malaysia.
November
The first overseas e-hub under the Electronic World Trade Platform (eWTP) initiative is established in Malaysia.
December
Alibaba Group announces a RMB10 billion Alibaba Poverty Relief Fund.
Launch of the Alibaba Poverty Relief Fund