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Alibaba.com● Business to business marketplace
● Handles sales in ~200 countries
● Connect exporters with importers
Tmall.com● Business to consumer platform
● Connect brand names to consumers
● 4th most visited site in China
Business Model● Most revenue from commerce - 87%
● Alibaba.com - cut of sales
● Taobao.com - advertisements
● Tmall.com - merchant fee, cut of sales
History● 1999: Founded by Jack Ma and 17 others
● 2002: Alibaba is cash flow positive
● 2003-2014: Launching of various products(Taobao, Alipay, Tmall, Aliyun, etc.)
● 2005 - Strategic partnership with Yahoo
● 2014 - IPO in US. Becomes largest IPO in history, $25 billion
Future Outlook● Established and still growing● Dominant hold in Chinese market● Still researching and pursuing new ventures
Success in the future? Yes