Alibaba (BABA) enables businesses to transform the way they market, sell and operate. They provide the fundamental technology infrastructure and marketing reach to help merchants, brands and other businesses to leverage the power of the Internet to engage with their users and customers. Their businesses are comprised of (1) core commerce, (2) cloud computing, (3) digital media and entertainment, (4) innovation initiatives and (5) others. Through our subsidiary Cainiao Network and investee affiliate Koubei, respectively, participate in the logistics and local services sectors. In addition, they have a strategic relationship with Ant Financial Services, the financial services group that operates mainly through Alipay, the leading third-party online payment platform in China.
The company has interesting goals for itself. They aim to build the future infrastructure of commerce to enable customers to meet, work and live within the Alibaba network. Jack Ma, the visionary behind the company seeks to build a company for the long-term. As a Result, his goal is to build a company that lasts for at least 102 years. If you look at how the company is organized, it looks just like Amazon.Com.
Meet @ Alibaba | Enable hundreds of millions of commercial and social interactions among our users, between consumers and merchants, and among businesses. For those of us who buy and sell through Amazon, this division provides a similar function in the China/Asian markets.
Work @ Alibaba | Empowers customers with the fundamental infrastructure for commerce and data technology, to build businesses and create value that can be shared among our ecosystem participants. This division is similar to Amazon's cloud services division.
Live @ Alibaba | Is the services platform that enables the delivery products and services that is central to the everyday lives of their customers.
