In 1999, eighteen individuals, led by Hangzhou-born Chinese-born English teacher Jack Ma, founded Alibaba Group. The company’s founders believed from the beginning that the Internet would level the playing field by giving small businesses the ability to use innovation and technology to expand and more successfully compete in both the local and international markets. Alibaba is a holding company of six major business groups: Taobao and Tmall Group, Alibaba International Digital Commerce Group, Cloud Intelligence Group, Local Services Group, Cainiao Smart Logistics Network Limited, and Digital Media and Entertainment Group, along with various other businesses. Alibaba launched its first website to assist small and medium-sized enterprises in China to sell internationally.
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