How Alibaba Makes Billions
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How Alibaba Makes Billions
Alibaba's 2014 IPO was the largest in tech history, raising $25 billion on its first day. Since its founding in 1999 in Hangzhou, China, the company has grown from a small business-to-business marketplace to a global empire, spanning e-commerce, logistics, cloud, entertainment and AI. According to Alibaba's most recent annual report, it ...
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