BABA

Alibaba Group Holding Limited

A Chinese technology conglomerate that runs some of the world's largest online marketplaces, including Taobao and Tmall for shoppers and Alibaba.com for businesses buying from manufacturers, plus cloud computing and digital payment services. It was founded in 1999 by former English teacher Jack Ma and 17 co-founders, who launched the company from Ma's apartment in Hangzhou. The name comes from the tale of Ali Baba and the Forty Thieves: Ma tested it on a waitress in a San Francisco coffee shop, who instantly replied "Open Sesame."

American Depositary Shares, each representing eight ordinary shares