Alibaba Group – Company Information

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Alibaba Group is a publicly listed e-commerce company, based in Hangzhou, China, traded on the New York Stock Exchange (NYSE) under the ticker symbol ‘BABA’.

China’s biggest e-commerce business Alibaba held its IPO in the NYSE on Friday. It was a huge success. Early in the day stocks changed hands at $92.70, much higher than the $68 some investors had paid.

The company provides online and mobile marketplaces in retail and wholesale trade, payment services, business-to-business online web portals, a search engine used for shopping, and cloud computing products.

It was founded in 1999, with the launch of the web site Alibaba.com, which was created by 18 people led by Jack Ma, a former English teacher from Hangzhou, China. The site is a business-to-business portal that connects Chinese manufacturers with buyers.

The founders had a belief that “the Internet would level the playing field by enabling small enterprises to leverage innovation and technology to grow and compete more effectively in the domestic and global economies.”

Alibaba.com is now one of the world’s most visited websites and accounts for more than 60% of all parcels delivered in China.

Other major businesses and the businesses of its related companies and affiliates include:

Taoboa Marketplace (www.taobao.com) – China’s largest online shopping destination in terms of gross merchandise volume.

Alipay (www.alipay.com) – the largest third-party online payment service provider in China by total payment volume.

Tmall (www.tmall.com) – China’s largest third-party platform for brands and retailers.

Juhuasuan (www.juhuasuan.com) – the most popular online group buying marketplace in China.

AliExpress (www.aliexpress.com) – a global retail marketplace targeted at consumers worldwide.

1688 (www.1688.com) – a Chinese online wholesale marketplace.

Alimama (www.alimama.com) – an online marketing technology platform.

Alibaba Cloud Computing (www.aliyun.com) – develops platforms for cloud computing and data management.

On June 27, 2014, Alibaba selected the New York Stock Exchange for its IPO. The company held its IPO on the NYSE on the 19th of September 2013. Its public debut was a huge success.

Overview

Alibaba Group logo

  • CEO: Jonathan Lu
  • Executive Chairman: Jack Ma
  • Industry: E-commerce
  • Revenue: $8.4 billion (2014)
  • Net income: $3.764 billion (2014)
  • Diluted earnings per share: $1.61 USD (2014)
  • Founded: 1999
  • Corporate headquarters: 26/F Tower One, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
  • Employees: 22,072 (2014)
  • Corporate contact number: 852-2215-5101
  • Website: http://www.alibaba.com
  • Subsidiaries: Alibaba Cloud Computing, Alibaba.com Ltd., Alisoft Holding Limited, AutoNavi Holdings Ltd, China Yahoo!, ChinaVision Media Group Limited, cnzz.com, Inc., eTao, Taobao.com, Tmall.com

Alibaba Group Financial Results, Years Ended December 31

Operating data (in millions) 2014 2013
Revenue – China commerce 45,132 RMB – $7,260 USD 29,167 RMB – $4,692 USD
Revenue – International commerce 4,851 RMB – $780 USD 4,160 RMB – $669 USD
Revenue – Cloud computing and Internet infrastructure 773 RMB – $124 USD 650 RMB – $105 USD
Revenue – Others 1,748 RMB – $282 USD 540 RMB – $87 USD
Total Revenue 52,504 RMB – $8,446 USD 34,517 RMB – $5,553 USD
Cost of revenue (13,369 RMB) – ($2,151 USD) (9,719 RMB) – ($1,563 USD)
Product development expenses (5,093 RMB) – ($819 USD) (3,753 RMB) – ($604 USD)
Sales and marketing expenses (4,545 RMB) – ($731 USD) (3,613 RMB) – ($581 USD)
General and administrative expenses (4,218 RMB) – ($678 USD) (2,889 RMB) – ($465 USD)
Income (loss) from operations 24,920 RMB – $4,009 USD 10,751 RMB – $1,730 USD
Other income, net 2,429 RMB – $390 USD 894 RMB – $144 USD
Income tax expenses (3,196 RMB) – ($514 USD) (1,457 RMB) – ($234 USD)
Net income 23,403 RMB – $3,764 USD 8,649 RMB – $1,392 USD
Net income attributable to Alibaba Group Holding Limited 23,315 RMB – $3,750 USD 8,532 RMB – $1,373 USD
Net income attributable to ordinary shareholders 23,076 RMB – $3,712 USD 8,404 RMB – $1,352 USD
Balance sheet data (in millions)
Total assets 111,549 RMB – $17,944 USD 63,786 RMB – $10,261 USD
Total liabilities 70,731 RMB – $11,378 USD 52,740 RMB – $8,484 USD
Total equity 30,417 RMB – $4,893 USD 513 RMB – $83 USD
Cash flow data (in millions)
Net cash provided by operating activities 26,379 RMB – $4,242 USD 14,476 RMB – $2,329 USD
Net cash (used in) provided by investing activities (32,997 RMB) – ($5,307 USD) 545 RMB – $88 USD
Net cash provided by (used in) financing activities 9,364 RMB – $1,507 USD (1,406 RMB) – ($226 USD)
Cash and cash equivalents at end of period 33,045 RMB – $5,316 USD 30,396 RMB – $4,890 USD
Common share data 
Basic earnings (loss) per common share 10.61 RMB – $1.71 USD 3.66 RMB – $0.59 USD
Diluted earnings (loss) per common share 10.00 RMB – $1.61 USD 3.57 RMB – $0.57 USD

Source: “Alibaba Group Holding Limited – Form F-1 REGISTRATION STATEMENT 2014”


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