Who Owns Daraz?

What does Alibaba own?
Alibaba owns and operates multiple e-commerce platforms including Taobao, Tmall, AliExpress, Alibaba.com, Lazada, and Trendyol. The company also owns Alibaba Cloud, Cainiao Smart Logistics Network, Taobao Instant Commerce (formerly Ele.me), Fliggy, Youku, and the Qwen AI model family. Alibaba holds a 33% equity interest in Ant Group, which operates Alipay. In FY2026, Alibaba disposed of its Sun Art and Intime physical retail businesses to focus on e-commerce, cloud, and AI.

Is Alibaba publicly traded?
Yes, Alibaba Group Holding Limited trades on the New York Stock Exchange under ticker BABA and on the Hong Kong Stock Exchange under ticker 9988. The company's IPO in September 2014 on the NYSE raised $25 billion, making it the largest IPO in history at the time. Alibaba completed a secondary listing in Hong Kong in November 2019. Each ADS on the NYSE represents eight ordinary shares.

Who founded Alibaba?
Alibaba was founded in April 1999 by Jack Ma and 17 co-founders in Hangzhou, China. Ma, a former English teacher, had previously started China Pages, one of China's first internet companies, in 1995. The founding concept was to create an online marketplace connecting Chinese manufacturers with international buyers. Jack Ma retired from the Alibaba board in September 2020 but remains a significant shareholder.

Where is Alibaba headquartered?
Alibaba is headquartered in Hangzhou, China. The company's main campus is located in the Xixi district of Hangzhou. Alibaba operates globally, with significant operations in Beijing, Shanghai, Shenzhen, Hong Kong, and international offices in Singapore, London, New York, and other cities. The company is incorporated in the Cayman Islands.

How many brands does Alibaba own?
Alibaba owns numerous brands across e-commerce, cloud computing, logistics, and digital media. Key brands include Taobao, Tmall, AliExpress, Alibaba.com, Alibaba Cloud, Cainiao, Taobao Instant Commerce (Ele.me), Fliggy, Lazada, Trendyol, Youku, Qwen, and Model Studio. The company's portfolio is focused on technology and commerce platforms rather than consumer goods brands.

Who owns Alibaba?
Alibaba is a publicly traded corporation owned by its shareholders. Jack Ma, the founder, and Joe Tsai, the current Chairman, remain significant shareholders. SoftBank Group has historically been a major shareholder but has been reducing its stake. Other major institutional holders include global asset managers such as BlackRock and Vanguard Group. No single shareholder holds a controlling stake.

What is Alibaba's revenue?
In FY2026 (ended March 31, 2026), Alibaba reported revenue of RMB 1.02 trillion (US$148.4 billion), up 3% year over year. Excluding disposed businesses (Sun Art and Intime), revenue on a like-for-like basis grew 11%. Net income was RMB 102.1 billion (US$14.8 billion), down 19% year over year. The company held RMB 520.8 billion (US$75.5 billion) in cash and liquid investments as of March 31, 2026.

Has Alibaba made any recent acquisitions or disposals?
In FY2026, Alibaba disposed of its Sun Art (hypermarket) and Intime (department store) physical retail businesses to focus on e-commerce, cloud, and AI. The company also disposed of the local consumer service business of Trendyol. Alibaba has been investing heavily in AI infrastructure and cloud data centers rather than pursuing large acquisitions. The company's 2022 acquisition of Cainiao shares and its investments in AI chip development represent ongoing capital allocation priorities.