Alibaba Group Holding Ltd

NYSE BABA

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Alibaba Group Holding Ltd Market Capitalization on April 17, 2024: USD 176.99 B

Alibaba Group Holding Ltd Market Capitalization is USD 176.99 B on April 17, 2024, a -27.55% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Alibaba Group Holding Ltd 52-week high Market Capitalization is USD 259.35 B on July 31, 2023, which is 46.53% above the current Market Capitalization.
  • Alibaba Group Holding Ltd 52-week low Market Capitalization is USD 169.49 B on February 08, 2024, which is -4.24% below the current Market Capitalization.
  • Alibaba Group Holding Ltd average Market Capitalization for the last 52 weeks is USD 208.39 B.
NYSE: BABA

Alibaba Group Holding Ltd

CEO Mr. Joseph C. Tsai
IPO Date Sept. 19, 2014
Location China
Headquarters 969 West Wen Yi Road, Hangzhou, China, 311121
Employees 219,260
Sector Consumer Cyclical
Industry Internet retail
Description

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao, a digital retail platform; Tmall, a third-party online and mobile commerce platform; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; Freshippo, a retail platform for groceries and fresh goods; and Tmall Global, an import e-commerce platform. The company also operates Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, it offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, the company provides elastic computing, storage, network, security, database, big data, and IoT services; and hardware, software license, software installation, and application development and maintenance services. Additionally, it operates Youku, an online video platform; Quark, a platform for information search, storage, and consumption; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency mobile app; and Tmall Genie smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.

StockViz Staff

April 18, 2024

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