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    A digital bridge across China’s rural-urban divide.

    The e-commerce giant’s Rural Taobao platform has set up service centers in over 30,000 villages across China to help rural merchants sell online. In 2018, sellers in China’s most impoverished regions sold $8.9 billion worth of goods through Alibaba channels, and in the first half of 2019, the total value of goods sold from those regions surged 80% higher than in the same period last year. Alibaba’s Taobao Live—a booming video-streaming platform on which hosts make sales—has pledged to teach 1,000 rural sellers how to market themselves through video and aims to push an additional $440 million worth of rural produce through the platform this year.

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    Company Information

    Country
    China
    Headquarters
    Hangzhou, China
    Impact Segment
    Economic Opportunity/Financial Inclusion
    Sector
    Retailing
    Industry
    Internet Services and Retailing
    CEO
    Daniel Zhang
    Websitehttp://www.alibabagroup.com
    Company Type
    Public
    Ticker
    BABA
    Prior Year Rank5
    Revenues ($M) (Last Fiscal Year)$56,147
    Profits ($M) (Last Fiscal Year)$13,094
    Market Value ($M) as of 8/12/19$414,775
    Employees101,958

    Refinitiv Sustainable Leadership Monitor