INTRODUCTION TO INFORMATION TECHNOLOGY

(EAB11203)

NAME: ZARIFF ALIF BIN ZAINUDIN

NO ID: 62288113542
GROUP: AC82A
LECTURER: MADAM AZLIZA

1. Who is the founder of AliBaba.com. Explain the background and accomplishments.

Alibaba Group was established in 1999 by 18 people led by Jack Ma, a former English
teacher from Hangzhou, China. From the outset, the companys founders shared a belief that
the Internet would level the playing field by enabling small enterprises to leverage innovation
and technology to grow and compete more effectively in the domestic and global economies.
Since launching its first website helping small Chinese exporters, manufacturers and
entrepreneurs to sell internationally, Alibaba Group has grown into a global leader in online
and mobile commerce. Today the company and its related companies operate leading
wholesale and retail online marketplaces as well as Internet-based businesses offering
advertising and marketing services, electronic payment, cloud-based computing and network
services and mobile solutions, among others.

This are accomplishments AliBaba.com that i have found:

In 2004, he was chosen by China Central Television and its viewers as one of the Top 10
Business Leaders of the Year.

In 2005, Ma was selected by the World Economic Forum as a Young Global Leader.
In 2005, Ma was named one of the 25 Most Powerful Businesspeople in Asia by Fortune.
He was selected by Businessweek as a Businessperson of the Year in 2007 [3] and one of
the 30 Worlds Best CEOs by Barrons in 2008.

In May 2009, Ma was honored by Time magazine with inclusion into the Time 100 list of the
worlds 100 most influential people. In reporting Mr. Mas accomplishments, Adi Ignatius,
former Time senior editor and editor-in-chief of the Harvard Business Review, said, Meeting
Jack Ma, you might be forgiven for thinking he's still an English teacher. The Chinese
Internet entrepreneur is soft-spoken and elflike and he speaks really good English. But as
founder and CEO of Alibaba.com, Ma, 44, runs one of the world's biggest B2B online
marketplaces, an eBay for companies doing international trade. Alibaba and Ma's consumerauction website, Taobao.com, did so well that in 2006, eBay shut down its own site in

China.In 2014, he was again included by Time in the list of the world's 100 most influential
people. He was also chosen as one of "China's Most Powerful People" by BusinessWeek,and
one of the Top 10 Most Respected Entrepreneurs in China by Forbes China in 2009. Ma
received the 2009 CCTV Economic Person of the Year: Business Leaders of the Decade
Award.

In 2010, Ma was selected by Forbes Asia as one of Asias Heroes of Philanthropy for his
contribution to disaster relief and poverty.

In 2011 it was announced that one of his companies had gained control of Alipay, formerly a
subsidiary of Alibaba Group, so as to comply with Chinese law governing payment
companies in order to secure a license to continue operating Alipay. Numerous analysts
reported that Ma sold Alipay to himself below market value without notifying the board
of Alibaba Group or the other major owners Yahoo and Softbank, while Ma stated that
Alibaba Group's board of directors were aware of the transaction. The ownership dispute was
resolved by Alibaba Group, Yahoo! and Softbank in July 2011.

He was awarded an honorary doctoral degree by the Hong Kong University of Science and
Technology in November 2013 and has audited classes at the University of California,
Berkeley

Ma is a board member of Japans SoftBank and Chinas Huayi Brothers Media Corporation.
He became a trustee of The Nature Conservancys China program in 2009 and joined its
global board of directors in April 2010. In 2013, he became Chairman of the Board for the
Nature Conservancy's China Program; this was one day after he stepped down from Alibaba
as company CEO . Ma is the first Chinese citizen to serve on The Nature Conservancys
board.

2. What is AliBaba.com business?

The first business of Alibaba Group, Alibaba.com (www.alibaba.com) is the loading platform
for global wholesale trade serving millions of buyers and suppliers around the world .
Through Alibaba.com, small business can sell their products to companies in other countries.
Sellers on Alibaba.com are typically manufacturers and distributors based in China and other
manufacturing countries such as India, Pakistan , the United States and Thailand .

3. Which company did AliBaba repurchase and how much? Why?

Alibaba Group Holding Ltd., Chinas largest e-commerce provider, agreed to repurchase
about a 20 percent stake in itself from U.S. Web portal Yahoo! Inc. (YHOO) for about $7.1
billion ahead of a potential initial public offering.
Yahoo will receive at least $6.3 billion in cash and as much as $800 million in newly issued
Alibaba preferred stock, the companies said in a statement today. At the time of an IPO,
Alibaba will be required to either buy back a quarter of Yahoos current stake or let Yahoo
sell the shares. The deal values Alibaba at about $35 billion.
Alibaba Chief Executive Officer Jack Ma may ready an IPO following the success of last
weeks offering by Facebook Inc. (FB) and projected 42 percent growth this year in Chinas
online shopping industry. The former English teacher owns about 7.4 percent of Alibaba
Group, according to aHong Kong stock exchange filing last month, making his stake worth
$2.6 billion.
The transaction will establish a balanced ownership structure that enables Alibaba to take our
business to the next level as a public company in the future, Ma said in the statement.
Yahoo acquired about a 40 percent stake in Hangzhou, China-based Alibaba in 2005 in
exchange for $1 billion and ownership of Yahoos Chinese operations. At the time, Yahoo
had a market capitalization of $49.2 billion, according to data compiled by Bloomberg. Its
market value of $18.8 billion on May 18 is about half the value placed on Alibaba in the deal.

4. Name the companies and affiliates which are related to AliBaba and what business do
they offer

They operate various businesses and also derive support for our ecosystem from the
businesses and services of related and affiliated companies. Our major businesses and the
businesses of our related companies and affiliates include:

a) TAOBAO MARKETPLACE
China's largest online shopping destination in terms of gross merchandise volume in 2013
b) TMALL.COM
China's largest third-party platform for brands and retailers
c) JUHUASUAN
Most popular online group buying marketplace in China
d) ALIEXPRESS
Popular global consumer marketplace
e) ALIBABA.COM
Leading platform for global wholesale trade
f) 1688.COM
Leading online wholesale marketplace in China
g) ALIMAMA
Leading online marketing technology platform
h) ALIBABA CLOUD COMPUTING
Developer of platforms for cloud computing and data management

i) ALIPAY
Largest third-party online payment service provider in China by total payment volume,
according to iResearch
j) CHINA SMART LOGISTICS
Operator of a logistics information platform