Alibaba’s core business is centered on e-commerce. Its business model combines elements of many leading U.S. technology companies rather than mirroring anyone. In addition to its leading e-commerce portals, Alibaba Group has created an ecosystem of companies to complement them.
- Alipay
- It is the most powerful technical support and the latest technology sharing in the electronic payment industry.
- It is an online third-party payment platform.
- It provides payments and escrow services for transactions on Alibaba Group platforms.
- Logistic (Cainiao)
- It is a key element of e-commerce.
- It aspires to do 72-hour delivery to anywhere in the world and ensures delivery within 24 hours to any region of the country to reduce waiting hours.
- It extends e-commerce network and increase online retail transactions.
- Alimama
- It is a business within Alibaba Group.
- It is an online marketing technology platform offers seller on Alibaba Group’s marketplace online marketing services for both personal computers and mobile devices.
- It provides sellers marketing services on third-party websites.
- Alibaba Cloud
- It develops platforms for cloud computing and data management, ensuring that Alibaba’s e-commerce portals can handle its massive traffic and transaction volumes.
- It can be considered as a smarter AI.
- It has a faster speed as it broke records in the Sort Benchmark competition.
- Besides, it has a higher security and a stronger global infrastructure.