Who buys a product from Alibaba?

Typical buyers are retailers, wholesalers, sourcing agents, and manufacturers who source products for resell or private label for their own businesses. Alibaba can also be used by manufacturers to buy raw materials. Alibaba was founded in Hangzhou, Zhejiang, in 1999 by Jack Ma, a Chinese entrepreneur.

Should you buy Alibaba (Baba) stock before buying it?

Here are a few risks to consider before buying the stock. Investors often drool over the upside of Chinese companies, they operate in the world's most populated country, and second richest economy. E-commerce company Alibaba ( BABA -2.42%) dominates China, claiming 15% of the entire global population as customers.

What is Alibaba used for?

Alibaba can also be used by manufacturers to buy raw materials. Alibaba was founded in Hangzhou, Zhejiang, in 1999 by Jack Ma, a Chinese entrepreneur. At the time, Ma worked as an English teacher and recognized the potential for online commerce in China. He founded Alibaba intending to make it easy for small businesses to engage with ecommerce.

Is Alibaba a B2B store?

Alibaba is a wholesale business-to-business (B2B) platform. This means it’s a business that sells in bulk to other businesses, rather than individuals. This is what sets it apart from online retailers such as Amazon, which are business-to-customer (B2C) stores. Alibaba Group, the multinational company behind the Alibaba website, is based in China.