“In 1999 Alibaba Group was established.”

"Alibaba Group founded in 1999 by Jack Ma in Hangzhou China revolutionized global e-commerce. Starting as a B2B marketplace it expanded into platforms like Taobao and Tmall becoming a leader in online retail cloud computing and digital payments through Alipay. Its innovative business model connects millions of buyers and sellers worldwide driving economic growth and technological advancement. Alibaba’s success highlights the transformative power of digital platforms in reshaping global trade with its influence extending to logistics entertainment and artificial intelligence making it a cornerstone of the modern digital economy."