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Alibaba Group

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This is an old revision of this page, as edited by Isnow (talk | contribs) at 11:21, 14 August 2005 (+zh). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Alibaba.com is a Chinese E-commerce / auction company serving both Chinese customers in their native language and English-speaking customers who wish to do business with Chinese sellers.

On August 11, 2005, Yahoo Inc. announced that it would purchase a 40% stake in the company for $1 Billion US dollars. Alibaba will take charge of Yahoo! China, and founder Ma Yun (Jack Ma) will remain.

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