Alibaba operates as a multifaceted conglomerate, with its core activities primarily revolving around e-commerce, technology, and finance. Here’s a breakdown of what Alibaba does:
Alibaba’s financial arm, Ant Group, operates Alipay, one of China’s most popular digital payment platforms. Alipay enables users to make online and mobile payments, transfer money, pay bills, and access financial services such as wealth management and micro-loans.
Alibaba Cloud, the cloud computing division of Alibaba Group, provides a wide range of cloud services, including computing power, storage, databases, networking, security, and analytics. Alibaba Cloud serves businesses of all sizes, from startups to multinational corporations, helping them scale and innovate with cloud technology.
Alibaba has invested heavily in logistics and supply chain infrastructure to support its e-commerce operations. Through platforms like Cainiao Network, Alibaba offers end-to-end logistics services, including warehousing, shipping, and delivery, optimizing efficiency and customer experience in the e-commerce ecosystem.