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Additionally, Alibaba purchased a 25% stake in Hong Kong-listed Chinese department store chain Intime Retail in early 2014.
On 10 September 2018, Ma chose Zhang to succeed him as executive chairman of the Alibaba Group after his stepping down announcement, and this would go into effect in 1 year on 10 September 2019.
Lazada Group is a subsidiary of Alibaba Group and Alibaba co-founder is of the company.
Ready to Ship
Roantree, Anne Marie; Woo, Ryan eds.
Taobao grew to become China's largest online shopping platform and later became the second most visited web site in China, according to.
The Cloud Computing segment consists of Alibaba Cloud, which offers a complete suite of cloud services, including elastic computing, database, storage, network virtualization, large scale computing, security, management and application, big data analytics, a machine learning platform and Internet of Things IoT services.
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