About Alibaba
Updated: 2006-09-06 16:01

Alibaba.com Corporation is China's leading e-commerce company, operating the world's largest online marketplaces for both international and domestic China trade, as well as China's most popular online payment system, AliPay. Alibaba.com also owns and operates Yahoo! China, which it acquired in October of 2005.

Alibaba's Portfolio of Businesses

Alibaba International
(www.alibaba.com) is an English-language website primarily serving small and medium-sized enterprises (SME's) in the international trade community, with more than two million registered users from over 200 countries and territories. More than 500,000 people visit the site every day, most of them global buyers and importers looking to find and trade with sellers in China and other major manufacturing countries. 

Alibaba China
(www.china.alibaba.com) is China's largest online marketplace for domestic trade among businesspeople. With more than 10 million registered users, Alibaba China is a trusted community of members who regularly meet, chat, search for products and do business online. Customers pay an annual subscription fee for membership, which entitles them to post trade offers and products online. The subscription fee also includes authentication and verification of the member's identity, which is performed by a third-party credit reporting agency. 

(www.taobao.com)is China's most popular consumer-to-consumer trading site with more than 20 million registered users. Since its founding in May of 2003, Taobao has risen to become a leader in China's consumer e-commerce market. Compared with similar services, the website has the highest number of product listings and the highest penetration among China's more than 100 million Internet users. 

Yahoo! China
(www.Yahoo.com.cn) Yahoo! China, a division of Alibaba.com, is a leading internet search brand serving China's consumers and businesses. In October of 2005, Alibaba.com acquired Yahoo! China and formed a long-term strategic partnership with Yahoo! Inc. Under the agreement, Alibaba.com owns and operates Yahoo! China, with exclusive rights to the use of the Yahoo brand and technologies in China.
Yahoo! China's search properties combine globally and locally developed search technologies to provide the world's most relevant Chinese-language search results. Yahoo! China plays a valuable role in powering e-commerce in China and is a leading advertising platform for China's small to medium-sized businesses.

AliPay Online Payment Solution
Completing China's e-commerce transaction chain, Alibaba operates AliPay (www.AliPay.com) which enables any individuals and businesses to securely, easily and quickly send and receive payments online. To provide AliPay, Alibaba has partnered with China's leading banks, including China Merchants Bank, China Construction Bank, Agricultural Bank of China, and the Industrial and Commercial Bank of China.

Alibaba Awards and Honors
Alibaba.com is the only import-export marketplace named "Best of the Web" seven years in a row by Forbes magazine. The site has also been selected as a "Top Website for Entrepreneurs" by US-based Entrepreneur magazine and the most popular B2B website by readers of the Far Eastern Economic Review, a financial magazine published by Dow Jones in Asia.
Alexa (www.alexa.com) - a subsidiary of Amazon.com that provides independent web traffic ratings of websites around the world - ranks Alibaba the world's most popular site in the categories of Import-Export and International Business and Trade.

Alibaba's Team
Alibaba.com was founded in 1999 and is based in Hangzhou, eastern China. It has more than 4,000 employees, 14 regional sales offices across China and other offices in Hong Kong, Silicon Valley, Europe, and Beijing.

(For more biz stories, please visit Industry Updates)