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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.

Company Information

Overall Score3.8
Sector
Technology
Industry
Internet Software and Services
CEO
Daniel Zhang
Websitehttp://www.alibabagroup.com
Employees66,421
HQ Location
Hangzhou, China
Revenues ($M) (Past 12 Months)$43,226
Profits ($M) (Past 12 Months)$8,942
Market Value as of Oct. 10, 2018 ($M)$355,672