Alibaba Group Holding Limited is a multinational conglomerate founded by Jack Ma and Peng Lei in 1999, headquartered in Hangzhou, China. It specializes in e-commerce, retail, internet, and technology, offering a wide range of services such as online shopping, cloud computing, and digital payment systems. Alibaba is one of the world’s largest e-commerce companies, facilitating business-to-business, consumer-to-consumer, and business-to-consumer sales through its platforms.