Alibaba
Definition
Alibaba is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. It is one of the world's largest retailers and e-commerce companies, known for its online marketplaces such as Alibaba.com, Taobao, and Tmall.
5 Must Know Facts For Your Next Test
- Alibaba was founded in 1999 by Jack Ma and has since become one of the biggest players in the global e-commerce market.
- The company went public on the New York Stock Exchange (NYSE) in September 2014 with one of the largest initial public offerings (IPOs) in history.
- Alibaba's market value ratios such as Price-to-Earnings (P/E) ratio are closely monitored by investors to assess its financial health and growth potential.
- Revenue streams for Alibaba include core commerce, cloud computing, digital media and entertainment, and innovation initiatives.
- Alibaba's financial performance is often compared with other tech giants like Amazon and Tencent to gauge its market position.
Review Questions
- When did Alibaba go public on the NYSE?
- What are some of Alibaba's main revenue streams?
- Why are market value ratios important for assessing Alibaba's financial health?
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Related terms
Market Capitalization: The total market value of a company's outstanding shares of stock.
Price-to-Earnings (P/E) Ratio: A valuation ratio calculated by dividing current share price by earnings per share.
Initial Public Offering (IPO): The process through which a private company offers shares to the public for the first time.
