Facts About Alibaba Group You Did Not Know

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Jack Ma and the other 17 Co founder disclose to the world for the first time their online marketplace called "Alibaba Online" in December 1998

Alibaba Group was able to raised a large sum of money which was 25 million US dollars in total from mega banks like Fidelity, ScoftBank, Goldman Sachs and other financial institutions from 1999 to 2000

Alibaba.Com achieved its first major profit in December 2001

In may 2003, the e-commerce website Taobao was created as a consumer platform.
Alipay became a business of its own, which initially started as just a service of online payment on Taobao e-commerce platform in December 2004.
Alibaba Group invested largely in China Yahoo and took over the affairs of operations as major strategic share holder partnership in October 2005
In November 2007 the Hong Kong stock market exchange successfully listed Alibaba. Com.
Taobao complement it's consumer to consumer marketplace in April 2008 by establishing an online retail website Taobao shopping mall know as tmall.com
R&D institution was formed by Alibaba Group In September 2008.
Alibaba.Com corporation made an announcement in December 2008 that all its group websites will be free from greeding and dubious sellers (shark fin) free on January 1st 2009
To compliment its 10th year anniversary in September 2009, Alibaba Group created Alibaba Cloud Computing service for its e-commerce system. Alibaba Group also announce in may 2010 its plan to start donating 0.3% of its yearly revenues to finance environmental protection initiatives.
In October 2010, alibaba Group beta shopping search engine eTao was launched by Taobao.
In June 2011, Taobao was reorganize by Alibaba Group into three separate coparate companies. The Taobao Marketplace, eTao and the Taobao Mall tmall.com.
Alibaba Group In July 2011 launched its first unique mobile operating system called Aliun OS that was self made by its cloud computing service company on its K-Touch special Smartphone.
In January 2012, Alibaba Group changed the Chinese name of one of its subsidiary company Tomball. Com as a part of its Rebranding mechanism. The Group later made an official public announcement in March 2014 Concerning it's intention of filling and IPO (Initial Public Offering) in the United States of America.
Before its Initial Public offering (IPO) in the US, before Alibaba Group filled the F-1 Form as a alien, A foreign body issuer in the United States, the Group undertook and aggressive and competitive acquisition fling, previously untypical for the Cooperation- by acquiring legions of majority and also minority shares different companies which includes a Car dealing and sharing company called Lyft, the China vision holding company, a micro log service company called Weibo, as well as some other smart IT firm like Peel Technologies that deal on developing smart remote control app. The Group also filed some registration papers (Documents) on the 6th of may 2014. To go public in the US market which made history as one of the largest IPO (initial public offering) in America.
On the 5th of June 2014 alibaba Group acquired 50% worth of shares in a football club called Guangzhou Evergrande the 2013 winner of AFC Champions League for $192 million US DOLLARS (1.2 billion yuan)
UCweb a Chinese based mobile Internet company was acquired in June 2014 by Alibaba Group though the actual price of the deal (purchase) was not disclosed its was learnt that the company agreed that it was one of the biggest merger deal in the history the people Republic of China online (Internet) sector.
On the 19th of September 2014 alibaba Group stock market shares (BABA) started trading on the New York Stock Exchange Market (NYSE).
On the 2nd of February 2015, Alibaba Group announces the acquisition of a $590 million US DOLLARS minority shares, in a Chinese smartphone company named Meizu.