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- So Alibaba as a name for a company whose initial public offering could be one of the world's largest isn't a surprise. The name came from a brainstorm by the company's founder and CEO, Jack Ma. A former English teacher, Ma knew the story of Ali Baba and the Forty Thieves, from a collection of Arabic stories called One Thousand and One Nights.
www.usatoday.com/story/money/2014/05/07/alibaba-name/8805805/
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Technically, Alibaba (BABA) was founded in December, 1999 by Jack Ma, former school teacher, who spearheaded a group of 18 tech pioneers whose initial goal was to leverage the power of the...
Sep 18, 2014 · Though the origin has a colorful story, the company offers the short version on its website, explaining it's a "well-known" name and easily pronounced. In the story "Ali Baba and the Forty Thieves ...
4 days ago · 1999–2006: Early years, Taobao, and Alipay. Alibaba got its start in 1999 as one of the first e-commerce platforms. Founded by Jack Ma in Hangzhou, Alibaba focused first on serving business customers with wholesale interests. Fast-forward to 2003, when Alibaba launched Taobao to compete with eBay.
Early years. On 28 June 1999, [1] Jack Ma, with 17 friends and students founded Alibaba.com, a China-based B2B marketplace site, in his Hangzhou apartment. In October 1999, Alibaba received a US$25 million investment from Swedish Wallenberg family's Investor AB, [19] Goldman Sachs and SoftBank.
May 8, 2014 · As Alibaba hurtles towards its history-in-the-making IPO, it's time to peel back the curtain and take a look at how the e-commerce company got its name.
May 7, 2014 · Today Alibaba (one word) might be better known as a Chinese e-commerce giant than as the eponymous hero of "Ali Baba and the Forty Thieves," a classic tale from The Arabian Nights.
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