2. Introduction
• Alibaba Group is a Chinese e-commerce company. It was set up in 1999 by
Jack Ma. Nowadays, Alibaba group has achieved a quite great success. This
report presents the summary of the development and the culture of the
Alibaba Group. It will be divided into three parts to introduce: the history of
the Alibaba Group, the businesses of the Alibaba Group and the culture and
values of the Alibaba Group.
3. History
• Alibaba Group was founded in 1999; the character in which the company was named after is Ali Baba
from the famous book “One Thousand and One Nights”.
• From the beginning, Jack Ma said that the Internet will poise the economic environment, aiding small
trades to use revolution or technology more effectively in the global economy growth and competition
(Alibaba, History and Milestones).
• September 19, 2014, Alibaba Group listed on the New York Stock Exchange, the stock code "BABA",
founder and chairman of the board of directors is Ma.
• The year 2015, Alibaba total revenue achieved 94.384 billion yuan, net profit achieved 68.844 billion
yuan.
• April 6, 2016, Alibaba officially announced that it has become the world's largest retail trading
platform.
• July 5, 2016, third-party application store "pea pods" announced that its application distribution
business into Alibaba Mobile Group, the two sides have signed a merger agreement.
• August 2016, Alibaba Group listed on the "Top 20 Chinese Enterprises 500" in the first 148.
• February 2017, Alibaba set up Australia and New Zealand headquarters.
4. Businesses
Alibaba Group does many trades and
also grows support for network from
the goods and services of related
companies.
Alibaba Group operates a number of
businesses, and also from the affiliate
business and services to obtain
business ecosystem support.
It includes Alibaba international
trading market, 1688, Ali Mama, Ali
cloud, ants gold service, rookie
network, and so on.
5. Culture and Values
Aiming to promote small businesses is
Alibaba Group’s culture.
The ecosystem incorporates some of the
following services which provide both
their consumers and merchants and also
service third-party companies with the
prospect to flourish. Their wonderful
success and growth is based on their own
capitalist spirit, innovative spirit and
steady effort to meet customer demands.
What enable them to maintain a common
corporate culture are their shared values.
‘Their values are important to their way of
operating and recruiting, evaluating and
compensating people.’
(Alibaba, Culture and Values, n.d.)
6. Conclusion
• Alibaba Group has become a leader in electricity commerce, starting with its first
website, manufacturer and entrepreneur to international sales.
• Nowadays, the Alibaba Group also acts the leader of the extensive and selling
electricity market place as well as other companies providing advertising and
marketing service, e-payment, cloud drive and web service and flexibility explanation
(Alibaba, History and Milestones).
• Looking back on its history and development, it can be found that the reasons for its
success. Its culture and values are also related to this closely
7. Bibliography
• Alibaba. (n.d.). Culture and Values. Retrieved January 30, 2017, from
http://www.alibabagroup.com/en/about/culture
• Alibaba. (n.d.). History and Milestones. Retrieved January 30, 2017, from
http://www.alibabagroup.com/en/about/history
• Alibaba. (n.d.). Homepage. Retrieved January 30, 2017, from
http://www.alibabagroup.com/en/global/home
• Alibaba. (n.d.). Our Businesses. Retrieved January 30, 2017, from
http://www.alibabagroup.com/en/about/businesses
• Grocer, S. (2014, May 6). Alibaba’s IPO Filing: Everything You Need to Know.
Retrieved January 30, 2017, from The Wall Street Jounral:
http://blogs.wsj.com/digits/2014/05/06/alibabas-ipo-filing-everything-you-need-to-
know/
