The Future 50

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Alibaba Group Holding


During its Singles’ Day promotion last year, ­Alibaba sold $25 billion worth of goods—up 39% from the year before. (Compare that with the “record breaking” $6.6 billion sold in the U.S. on Cyber Monday of 2017.) Not content to dominate the world’s largest e-­commerce market, Alibaba has expanded aggressively outside China and in other sectors, including cloud computing and food delivery; revenue in fiscal 2018 rose 58% over the previous year. Concerns over the retirement of founder and chairman Jack Ma have dissipated; the juggernaut is poised to succeed without him.

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Overall Score





Internet Software and Services


Daniel Zhang



HQ Location

Hangzhou, China

Revenues ($M) (Past 12 Months)


Profits ($M) (Past 12 Months)


Market Value as of Oct. 10, 2018 ($M)


Revenue and net income for 12 months ended June 30, 2018. Sources: Bloomberg; S&P Global.

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