Alibaba Group

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    Alibaba wants to drive money into rural China in a fairly literal way. Its popular maps service, Auto-Navi, launched a “poverty alleviation map” feature in Henan province this year, designed to entice day-trippers into remote countryside towns. It flags what facilities are available, helping local restaurants, gas stations, and shops draw customers and develop an online presence.

    Company Information

    Impact SegmentEconomic Opportunity/Financial Inclusion
    IndustryInternet Services & Retailing
    CEODaniel Zhang
    Company TypePublic
    Revenues ($M) (Last Fiscal Year)$37,771
    Profits ($M) (Last Fiscal Year)$9,673
    Market Value ($M)$462,135