alibaba a giant in the e-commerical

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Alibaba Group is a Hangzhou based family of internet-based business that include business-to-business trade, online retail, a payment platform,business mangement software and regionalized classified listings it was founded in 1999 by Ma Yun(Jack Ma),and operates five e-commerce sub-companies which operates aspects of tradeing. 1.Alibaba.com:English language global trade website serving small and medium-size enterprises. B2B 2. Taobao.com: online auction website for customers. C2C 3.Alipay:online payments wensite,processing mainly payments within china 4.Alisoft:provider of web serices to chinese small and medium enterprise marketplace 5.Alimama:online advertising exhcange,which allows web publishers and advertisers to trade online advertising inventory