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An online shopping platform that rivals Amazon and eBay, Alibaba is the world’s largest e-commerce business, despite originating in China and being less well known in the West than its Western counterparts. Alibaba was founded in 1999 by Jack Ma, Peng Lei and his team of 17 partners in Hangzhou, China; over its first ten years, the company grew from $4 million to an IPO worth $150 billion on the New York Stock Exchange in 2014, with the company valued at $231 billion as of August 2018.
The company, which eventually went public in 2014, offers businesses and individuals opportunities to sell products globally through its online store with access to millions of consumers. Who can purchase your goods or services as quickly as they would buy something on Amazon or any other online shopping platform here in the United States. Since its founding, Alibaba has become the go-to place for finding wholesale suppliers and manufacturers from around the world who will supply your business with what you need to grow your company and increase sales.
Alibaba, the World’s Largest Online Shopping Platform, and more sites like Alibaba also provide quality and service equally.
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