The greatest empires are sometimes born out of smallest of ideas. The empowering success of Alibaba Group is a live testament to this statement.

An e-commerce company from China, Alibaba is currently the biggest IPO in the world. The Group provides business to customer and customer to customer sales and services through the web portals. Alibaba’s other services include electronic payments, cloud computing services that are data centric and search engines for shopping. The founders of the company are Jack Ma and Penh Lei. An English teacher by profession, Jack Ma lacked in computer knowledge. He made up for this weakness with his vision. Ma and 17 of his friends launched Alibaba in 1999.

Today, Alibaba Group is more successful than Ebay and Amazon put together. In 2012, two portals of Ali Baba Group handled sales of almost $170 billion. Though the company was started in the year 1999, the group started earning profits only from the year 2001.

From : https://successstory.com/companies/alibaba-group