Alibaba’s Net Worth, History, Assets, Income, Liabilities, Net Income, Total Employees and many more details can be checked on this page. Alibaba, or Alibaba Group Holding Limited, is a Chinese multinational technology company with a net worth of 318 billion USD in 2024. Alibaba is active in the fields of retail, Internet, e-commerce electronics and technology.
This group has been providing its services to millions of customers daily and serving for a long time. It has provided its services worldwide in online mode. This company is famous for providing bulk quality services at low prices to businesses and its customers. Also check Facebook Net Worth, Apple Net Worth.
Alibaba also ranks among the world’s top companies. According to Forbes report, it has also entered the list of 31 largest companies in the world in 2020. It is also one of the leading companies in the Asian market and has also exceeded the valuation of 500 billion USD. It has also become the world’s largest retail and e-commerce company. The company was founded in 1999 in Hangzhou, Zhejiang, and since then it has grown significantly in its operations worldwide. Jack Ma is the founder of this company.
Alibaba’s net worth
As of now in 2024, Alibaba has created a net worth of $318 billion. Alibaba has created a huge net worth and growth over several years. In 2018, the company had to surpass a valuation of $500 billion and became the second Asian company to surpass this valuation. The company also launched its initial public offering on the New York Stock Exchange, and in this round, Alibaba raised a total of $25 billion.
In 2022, it has crossed the revenue threshold of 134.567 billion USD and this will be one of the largest revenue levels compared to previous years. Alibaba achieved net income of 7.427 billion USD.
| Name | Alibaba Group |
| Net worth 2024 | 318 billion USD |
| Net worth in Indian Rupees | INR 25.75 lakh crore |
| Net income: | 2.455 billion USD |
| Revenue | 131.368 billion USD |
| Total assets | 240.746 billion USD |
| PE ratio | 6:30 p.m |
| Founder: | Jack Ma, Joseph C. Tsai, Zhang Ying, Jianhang Jin, etc |
| Owner: | SoftBank Group |
| CEO | Daniel Zhang (May 10, 2015–) |
| Head office: | Hangzhou, China |
| Establish: | April 4, 1999, Hangzhou, China |
| Number of employees | 2,54,941 (March 31, 2022) |
| Subsidiaries: | Alibaba.com, AliExpress Ltd., Alibaba Cloud, Cainiao, etc |
| Website | alibabagroup.com |
Alibaba’s revenue
- Alibaba’s revenue for the quarter ending September 30, 2022 was $29.124 billion
- Alibaba’s revenue for the 12 months ending September 30, 2022 is $131.368 billion
- Alibaba’s annual revenue in 2022 is 134.567 billion USD
- Alibaba’s annual revenue in 2021 is $109.48 billion
- Alibaba’s annual revenue in 2020 was 71.985 billion USD
| Alibaba’s revenue | Millions of US dollars |
|---|---|
| 2022 | $131,368 |
| 2021 | $109,480 |
| 2020 | $71,985 |
| 2019 | $56,152 |
| 2018 | $39,898 |
| 2017 | $22,994 |
| 2016 | $15,686 |
| 2015 | $12,293 |
| 2014 | $8,463 |
| 2013 | $5,553 |
Alibaba’s net income
- Alibaba’s net income for the quarter ending September 30, 2022 is -$2.890 billion
- Alibaba’s net income for the 12 months ending September 30, 2022 is $2.455 billion
- Alibaba’s annual net income for 2022 is $9.774 billion
- Alibaba’s annual net income for 2021 is $22.941 billion
- Alibaba’s annual net income in 2020 was $21.08 billion
| Alibaba’s net income | Millions of US dollars |
|---|---|
| 2022 | $2,455 |
| 2021 | $22,941 |
| 2020 | $21,080 |
| 2019 | $13,053 |
| 2018 | $10,201 |
| 2017 | $6,345 |
| 2016 | $11,083 |
| 2015 | $3,896 |
| 2014 | $3,720 |
| 2013 | $1,352 |
| 2012 | $662 |
Alibaba starts
Alibaba came into existence as a company in 1999 and was founded by Jack Ma along with 17 of his friends. They founded this company as a B2B marketplace. Alibaba also received $25 million in funding from Goldman Sachs and SoftBank early in its career, shortly after launching the company. It became profitable after operating for three years. He founded a company with the goal of improving the global e-commerce system.
The company has grown rapidly since it started doing business in China. Alibaba has received many investment and expansion offers from other companies. Jack Ma founded this company that also focuses on e-commerce, retail, Internet and technology. Alibaba has expanded its operations worldwide and is now one of the leading companies in the e-commerce industry and other fields, and has become the world’s largest retailer and e-commerce company. . Also check out Microsoft Net Worth.
Assets of Alibaba
- Alibaba’s total assets for the quarter ending September 30, 2022 are $240.746 billion
- Alibaba’s assets in 2022 are 267.467 billion USD
- Alibaba’s assets in 2021 are 257.978 billion USD
- Alibaba’s assets in 2020 are 185.429 billion USD
| Assets of Alibaba | Millions of US dollars |
|---|---|
| 2022 | $240,746 |
| 2021 | $257,978 |
| 2020 | $185,429 |
| 2019 | $143,801 |
| 2018 | $114,326 |
| 2017 | $73,630 |
| 2016 | $56,521 |
| 2015 | $41,206 |
| 2014 | $17,981 |
| 2013 | $10,261 |
Alibaba’s total debt
- Alibaba’s total liabilities for the quarter ending September 30, 2022 are $89.941 billion
- Alibaba’s liabilities in 2021 are 93.907 billion USD
- Alibaba’s liabilities in 2020 are 62.484 billion USD
| Alibaba’s total debt | Millions of US dollars |
|---|---|
| 2022 | $89,941 |
| 2021 | $93,907 |
| 2020 | $62,484 |
| 2019 | $53,120 |
| 2018 | $44,748 |
| 2017 | $26,976 |
| 2016 | $17,821 |
| 2015 | $15,813 |
| 2014 | $11,420 |
| 2013 | $8,498 |
Alibaba’s development
Alibaba Group has experienced tremendous growth since its founding in 1999. The company has expanded around the world to reach millions of customers around the world and focus more on online business. In the summer of 2003, eBay decided to expand its operations in China by acquiring one of Alibaba’s subsidiaries, Taobao. However, Jack Ma refused the offer to develop his company. In 2005, Yahoo saw the potential of this company and invested an amount of $1 billion and acquired 40% of the shares as a variable interest company.
The company has also invested in various companies so that they can expand further in their business. In 2014, the company invested in Lyft along with Coatue Management and Andreessen Horowitz. Alibaba and the International Olympic Committee have also decided to invest $800 million in sponsorship of the Olympic Games. Recently, in 2021, the company decided to sell its $5 billion bonds. It has achieved tremendous growth and the company is one of the leading and famous companies. Also, check out Google’s Net Worth.
Social media accounts
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Alibaba: Awards and achievements
Alibaba Group is one of the most successful and leading companies in the fields of e-commerce, retail, Internet and technology. This company has achieved various achievements and received awards for its steady growth in the industry. The company has won national awards twice as the Technology Invention Award and a second time as the Technology Progress Award. It has also won a national science award. One of the company’s biggest achievements is becoming the world’s largest retail and e-commerce company.
Frequently asked questions
What is Alibaba Group’s net worth?
Alibaba Group’s net worth is $318 billion.
Who is the founder of Alibaba Group?
The founders of Alibaba Group are Jack Ma, Joseph C. Tsai, Zhang Ying, Jianhang Jin, etc
When and where was Alibaba Group founded?
Alibaba Group was founded on April 4, 1999 in Hangzhou, China.
Who is the CEO of Alibaba Group?
Daniel Zhang (May 10, 2015–) is the CEO of Alibaba Group.
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