ALIBABA GROUP HOLDING LIMITED is a holding company that provides the technology infrastructure and marketing reach to help merchants, brands and other businesses to leverage the power of new technology to engage with users and customers to operate. The Company operates four business segments. The Core Commerce segment provides China retail, China wholesale, International retail, International wholesale, Cainiao logistics services and local consumer services through Taobao Marketplace and Tmall. The Cloud Computing segment provides complete suite of cloud services, including database, storage, network virtualization services, big data analytics and others. The Digital Media and Entertainment segment provides consumer services beyond the core business operations. The Innovation Initiatives and Others segment is to innovate and deliver new services and products.
https://www.alibabagroup.com/en/global/homeWhy buy ALIBABA GROUP shares?
Main reason is the reliability and popularity of the company. As of 2020, Alibaba Group ranks 6th among the largest brands in the world, and for several years in a row has been included in the first 100 of the Forbes 2000 list, which contains the largest public companies in the world. The main activity is online sales. Alibaba Group owns online stores Taobao, Alibaba and Tmall. At the initial public offering in 2014, its market value was $231 bn. In 2020, capitalization exceeded $600 bn.
The confident growth of capitalization and net profit make clear the reliability of the company and the prospects for investments in its assets.
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