Skip to Content

Jack Ma, the charismatic, bombastic founder of e-commerce megagiant Alibaba, officially resigned as the company’s chairman in September to pursue philanthropic work. But his creation, Alibaba, has proved resilient, boasting a market cap of $446 billion. In addition to weathering Ma’s departure, the company more than doubled net profit in the most recent quarter, despite the Chinese economy’s ongoing slowdown and trade war tensions with the U.S. Growth projections are strong despite protests in Hong Kong that forced Alibaba to delay its listing on the city’s exchange. But Alibaba isn’t stopping with e-commerce: The company is rapidly expanding its cloud services and payments businesses. Alibaba says its mobile payments service, Alipay, has over 1 billion active users.

Catch up with Data Sheet, Fortune’s daily digest on the business of tech.

Company Information

Overall Score2.4
Sector
Consumer Discretionary
Industry
Internet and Direct Marketing Retail
CEO
Daniel Zhang
Websitehttps://www.alibabagroup.com
HQ Location
Hangzhou, China
Country
China
Revenues ($M) (Past 12 Months)$60,198
Profits ($M) (Past 12 Months)$14,742
Market Value as of Oct. 9, 2019 ($M)$430,084
Employees101,958

Refinitiv Sustainable Leadership Monitor

placeholder