Merging of Reliance Alibaba
Alibaba is an multinational conglomerate e-commerce found by Jack ma in China. Alibaba sells many products from China available at an reasonable cost. The cost of Alibaba operating income is more than billion dollars and Alibaba is better than any other e-commerce site and provides millions of products available online. The founder of this company has a successful stroy with which the company is operating in billion dollars. Alibaba is like Amazon in which they sell products from sellers listed any where and every where can sell products in the Alibaba market place. Alibaba is a place where one can also do the transactions in dropshipping where the already listed products are been listed on other sites which are competiting directly or indirectly. The Alibaba group emplys a large number of employees and the operating income is very huge.
NAMING OF THE COMPANY:
The name of Alibaba is also a big story one day when Jack Ma was in San Fransisco he came cross a waitress and he said that do you know the name Alibaba and she said yes it means open seasame and he said yeah it is and the alibaba name came out, he went on to people from India, Germany etc and all knew the name of Alibaba means open seasame and hence they named the company as Alibaba.com and the name derives its work its an open seasame for all the middle family customers and all the people have registered and regarded the domain name. The name also registered as Alibaba in some case who wants to marry them. The Alibaba is an customer cents Ic company and all the products are valuable to the customers.
HISTORY:
Alibaba was found by Jack Ma and 14 students in his apartment selling online products and later on the company received a 25 million $ investment from softbank and goldman sachs. The company was selling online business platforms and was holding millions and billions of buyers in the age and later on Jack Ma decided to make Tobaco, an online subsidiary marketplace for small business in online and was focussing on to export chinese goods to the international trade and World Trade Organization (WTO) was challenged and the focus on the company is to make available stocks and the goods was collected and the company was getting good price and when the company was started in April 4, 1999, the Chinese Trade came to a boom and the global products was available online and China acquiring 50% of global market was one of the biggest market industry and Jack Ma saw the entrance of eBay, an online competitor in China and rejected that and only focussed on Chinese goods and trade in the global market, as the goods were cheap, they were easily stocked out and the best part is Chinese global trade came to the start and the Chinese B2B products were online and the middle man sales person were getting to grow their business with Alibaba.com ana Alibaba became a global exporter of chinese trade, getting into billions, Jack Ma became the chinese business man with global acquisition, the global sales of China is next to us. The second largest in terms of gdp with 12.35 lakhcrores USD and USA is ahead only 7 lakh crores USD. The Alibaba .com is an online focussing company and its services are Alibaba.com Alibaba cloud including cloud servicecs, online, streaming gaming, e-commerce and Alibaba.com and Ali
OS which is an Operating System, Alipay, Aligenie, Tobacco and T mall which is also an chinese operating multinational conglomerate companies. The operating revenue of Alibaba is 56.152 billion USD which is the online competitor of the Amazon.com, the Jack Ma before finding Alibaba was a poor person struggling for revenue and struggling for income, to earn money, he joined several companies like KFC, MC DONALDS etc which from which he was rejected and was very unhappy with that and he decided to start his own company and give job to others. The Alibaba.com was operatinghighly and was not successful in the first few operating weeks of the income and after few days the company also went bankrupt and but the operator became very furious and he was holding to inavgerate the fact of the furiosity and was focussing on the company and did everything to accept the shares of the network and was trying his best to get hold of the company and the company was getting a head in the sales and the company went bankrupt in a few days and the marketing stragety was inactivated and the sales went public and the sales was active in the many days and in a few times. The sales was activated and due to that the Alibaba.com became the best company in the world with the strategy that will hold the company with huge turnover and the turnover the company was in billions and billions of dollars and became the successful company in China.
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