Stock Code: 1688 (Hong Kong)

Sector: Services

Industry: Catalog & Mail Order Houses

Company name: Alibaba Group

Web Site: http://www.alibaba.com

Company Description:
Alibaba Group (ALBB) was founded in 1999, and its headquarters is based in Hangzhou, China. The company has more than 4,400 full-time employees as of today. Alibaba (ALBB) is a global e-commerce leader and the largest e-commerce company in China. Since Alibaba (ALBB) was founded, the Alibaba Group has rapidly grown to include five companies. Alibaba.com is the Alibaba Group's most important company and the leading B2B e-commerce company in China. Alibaba.com serves small and medium sized enterprises across the globe. ALBB provide a platform connecting buyers and suppliers domestically and internationally. Alibaba's international website focuses on importers and exporters globally and its China's website focuses on suppliers and buyers domestically within China. Alibaba (ALBB) has a community of more than 24 million members from over 200 countries and regions. Taobao.com, a subsidiary of Alibaba (ALBB), is a leading online shopping and auction house in China. Taobao operates an online shopping marketplace for consumers in China under the names "Taobao", which means digging gold in Chinese. With over 39.9 million as of today, Taobao facilitates transactions between individual consumers and a wide range of sellers including individuals and retailers. Alipay of Alibaba (ALBB), founded in 2004 in Hangzhou, China, is China's leading online payment service, which is very similar to PayPal or Google Checkout. Alipay is an online payment services provider enables individuals and businesses to execute payments online in a safe and secure environment. Alipay's users are mainly buyers and sellers of Alibaba (ALBB) sites. With user base of more than 43.5 million as of today, Alipay is an accepted payment method for many online retailers and service providers in China. Yahoo! China is a search engine and portal, acquired from Yahoo Inc. in October 2005. Alisoft is an Internet-based business management software company targeting SMEs in China. Alibaba Group (ALBB), under the symbol of 1688, is set for IPO on November 6, 2007 in Hong Kong.

Chairman: Jack Ma

CEO: Jack Ma

CFO: Joseph C Tsai