Which CEO of Alibaba Group founded the company in 1999?

Which CEO of Alibaba Group founded the company in 1999? Jack Ma founded Alibaba in 1999.

On June 28, 1999, Ma and a group of 17 friends and students launched Alibaba.com from his apartment in Hangzhou, China. The original business was a business-to-business online marketplace connecting Chinese suppliers with buyers around the world, rather than the consumer shopping platform many people associate with Alibaba today.

Ma helped shape the company’s strategy as China’s internet economy developed. Alibaba later expanded into consumer commerce through Taobao, online payments through Alipay, cloud computing, logistics, entertainment, and other digital services. Taobao was created in 2003 in response to eBay’s push into the Chinese market and eventually became a major force in domestic e-commerce.

A common mix-up is confusing Jack Ma with Pony Ma, the founder of Tencent, or Robin Li, the founder of Baidu. Jack Ma was Alibaba’s founding leader and later served as its chief executive before becoming executive chairman. The company’s 1999 founding, however, involved a team—not Ma acting entirely alone.