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Alibaba group headquarters Alibaba Binjiang Campus in Hangzhou, headquarters for Alibaba's B2B service [80] In 1999, Jack Ma launched the primary business of Alibaba, Alibaba.com, while working as an English teacher in Hangzhou. Alibaba.com later became the world's largest online B2B trading platform for small businesses as of 2014. [81]
Libro.fm is an audiobook app that splits its profits with an independent bookstore of the customer's choosing. [1] In 2022, the company's publicity director Albee Romero told The Orange County Register that half of all profits go to the selected independent bookshop. [ 2 ]
AliExpress (Chinese: 全球速卖通) is an online retail service based in China and owned by the Alibaba Group. [1] Launched in 2010, [ 2 ] [ 3 ] it is made up of small businesses in China and other locations, such as Singapore , that offer products to international online buyers.
In 2015, Alibaba launched a nonprofit organization, Alibaba Hong Kong Young Entrepreneurs Foundation, which supports Hong Kong entrepreneurs to help them grow their businesses. [ 97 ] [ 98 ] In the same year, the company funded the rebuilding of 1,000 houses damaged by the earthquake-hit in Nepal, and raised money for another 9,000. [ 99 ]
In 2023, Vivo was ranked among the top 5 smartphone makers, achieving a global market share of 10%. [12] In April 2021, three pallets of Vivo phones caught fire at Hong Kong International Airport, prompting a ban on air freight of Vivo phones through Hong Kong. [13] In June 2022, Vivo entered the world-famous Guinness Book of Records. [14]
In 2018, Alibaba launched the streaming service named Alibaba Live. This service was created with the goal of allowing online retailers to market their products utilizing social shopping . [ 28 ] This has seen significant growth in popularity and success, with the 84 stores using this service reporting $7.4 million in 2020 sales. [ 29 ]
Ali Baba is a business practice in Malaysia, where a Malay company obtains a contract from the government-sponsored affirmative action system for the Bumiputera (the Malaysian New Economic Policy under Ketuanan Melayu) and subcontracts it to an ethnically Chinese-owned company. [1]
Liposuction, or simply lipo, is a type of fat-removal procedure used in plastic surgery. [1] Evidence does not support an effect on weight beyond a couple of months and does not appear to affect obesity-related problems.
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