Which Chinese technology company was founded by Jack Ma in 1999?

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Alibaba Group was founded by Jack Ma in 1999.

Jack Ma and a group of co-founders established Alibaba in Hangzhou, China, as an internet business-to-business marketplace. The company later expanded through consumer platforms including Taobao and Tmall, as well as logistics, digital media, and cloud computing.

Alibaba’s 2014 listing on the New York Stock Exchange raised $25 billion, making it the largest initial public offering in history at that time. The record was later surpassed by Saudi Aramco’s 2019 listing. Alibaba remains one of the best-known Chinese companies in global market-cap discussions.

Alibaba Group is sometimes confused with Alibaba.com, one of its platforms. The listed parent company operates multiple businesses, while Alibaba.com is specifically an international business-to-business marketplace. Market capitalization applies to the publicly traded parent, not separately to every service under its corporate umbrella.

Source: Wikipedia · fact-checked Oct. 2026

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