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Alibaba Group Holding Ltd. engages in providing online and mobile marketplaces in retail and wholesale trade. It operates through the following segments: Core Commerce; Cloud Computing; Digital Media and Entertainment; and Innovation Initiatives and Others. Read More The Core Commerce segment comprises of platforms operating in retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which offers elastic computing, database, storage and content delivery network, large scale computing, security, management and application, big data analytics, a machine learning platform, and other services provide for enterprises of different sizes across various industries. The Digital Media and Entertainment segment relates to the Youko Tudou and UC Browser business. The Innovation Initiatives and Others segment includes businesses such as AutoNavi, DingTalk, Tmall Genie, and others. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.
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A Top U.S. Pension Loads Up on Alibaba, Cronos, and Zillow Stock, Sells PG&E
Text size Among America’s public retirement systems, two stand out for having enough assets to cover their future obligations: Wisconsin and South Dakota. Recent public filings by Wisconsin highlight some bold stock trades. Barron’s noted last week some first-quarter trades made by South Dakota’s pension plan. This week, the State of Wisconsin Investment Board, the investment manager for the Wisconsin Retirement System’s $104 billion in assets, disclosed what it was up to in the first quarter. The invest...
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Joe Tsai Is Big in Business. Now He’s Taking on Women’s Basketball.
The Liberty will begin their season against the Indiana Fever at Westchester County Center on Friday, but the new owner, Joe Tsai, does not plan to have the team’s sojourn north of New York City continue much longer.
Alibaba Details Its Social Impact as Jack Ma Prioritizes Philanthropy
Jack Ma, CEO of Chinese e-commerce giant Alibaba, gestures as he speaks during his visit at the Vivatech startups and innovation fair, in Paris on May 16, 2019. Jack Ma, CEO of Chinese e-commerce giant Alibaba, gestures as he speaks during his visit at the Vivatech startups and innovation fair, in Paris on May 16, 2019. PHILIPPE LOPEZ/AFP/Getty Images Alibaba Group released its first philanthropy report Thursday, as its founder and executive chairman, Jack Ma, shifts his focus to charitable causes from hi...
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